Are you receiving adequate guidance on how to manage your funding streams?
Is it time to set up an annual audit to ensure your organization’s fiduciary viability?
With the passing of the Tax Cuts and Jobs Act, are you sure you’re receiving every benefit available to your organization?
“Blackman & Sloop has been a great firm to work with. They truly understand how nonprofits work and how our operations differ from for-profit organizations. I would definitely recommend them to any nonprofit looking for a knowledgeable firm with excellent customer service.”
– Heather Flynt
North Carolina Aquarium Society
“Having worked with Blackman & Sloop for four years, I can say that their knowledge and professionalism are fantastic. They provide outstanding audit services, as well as guidance on improving processes within our organization. The team is always friendly and personable and their communication at all levels is top notch. I would definitely recommend them to other nonprofits looking for a strong accounting firm.”
- Devin Gilreath
The V Foundation for Cancer Research
Blackman & Sloop will be closed December 23 – 27 for the holiday.
Blackman & Sloop has served the Triangle for more than 45 years
We believe in the value of relationships with our employees, clients, and community. Each relationship is a partnership. We provide exceptional client service while promoting a dynamic and positive environment that is rewarding professionally and personally. Our success comes through your success.
By Lee Klumpp, CPA, CGMA In 2016, the Financial Accounting Standards Board (FASB) updated its lease accounting rules (ASC 842) and closed a diversity in practice in the previous standard….
By Jibran Hussain, Andrew Tobel, J.D., CIPP/US, and Derrick King, CIPP/US In this highly interconnected, digitized global economy, cross-border data flows are imperative in maintaining and enhancing strong ties between…
By Tammy Ricciardella, CPA On Sept. 17, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU), 2020-07, Presentation and Disclosures by Not-for-Profit Entities for Contributed Nonfinancial Assets. This…
Due to its mission-driven purpose, a nonprofit organization’s financial and operational sustainability is significantly impacted by its environment. Natural disasters, economic slowdowns and unforeseen events are just a few factors…
IRS Proposes Excise Tax Relief For Exempt Organization Executive Compensation Under Code Section 4960
By Marc Berger, CPA, JD, LLM, Alex Lifson, MBA, MST, Norma Sharara, JD, and Joan Vines, CPA In June 2020 the IRS proposed regulations under Internal Revenue Code (IRC) Section…
By Robert Berdanier, CPA, David Duski, CPA, Paul Peterson, CPA, and Joyce Underwood, CPA On June 15, the Federal Reserve announced a proposed expansion to its Main Street Lending Program…