Gift and Estate Tax Primer
The tax code places limits on the amounts that individuals can gift to others (as money or property) without paying taxes. This is meant to keep individuals from using gifts…
In the Firm – April 2019
We are in the heart of tax season. Our team has been working hard, but still managed to celebrate some birthdays and anniversaries and have some relaxing fun. Here are…
Employee Spotlight – Stephen Lau
What year did you join Blackman & Sloop? I joined Blackman & Sloop in 2017. Where did you go to college? I attended the University of North Carolina – Chapel…
Vacation Home Rentals: How the Income Is Taxed
If you have a second home in a resort area, or if you have been considering acquiring a second home or vacation home, you may have questions about how rental…
Increased Business-Vehicle Deductions Due to Tax Reform
The Tax Cuts and Jobs Act of 2018 and other tax reforms have brought about significant changes in the way that vehicle use is deducted for business purposes. Before getting…