November 24, 2017

SC Power Company Wants to Cut Rates

South Carolina Electric & Gas Co. wants to cut its customers' rates in half over the next three years after abandoning the construction of two nuclear reactors. SCE&G President Keller Kissam said that the utility wants an immediate rate...
November 23, 2017

South Carolina Cuts Unemployment Tax Rate for Businesses

For the fifth consecutive year, the SC Department of Employment and Workforce (DEW) is cutting the unemployment insurance tax rate on South Carolina businesses. The 2018 tax rate represents an average reduction of 10.2% over last year’s rate,...
November 22, 2017

South Carolina's Jobless Rate Held Steady in October

South Carolina's jobless rate was unchanged in October. The Department of Employment and Workforce reported the unemployment rate in the Palmetto State was 3.9%, unchanged from September. The national unemployment rate dropped to 4.1% in October...
November 16, 2017

News Roundup

Why the House Tax Bill Could be a 'Bonanza' for Advisers The tax bill unveiled Nov. 2 has far-reaching implications for financial advisers and their clients, from an overhaul of individual tax rates to the elimination of useful tax strategies and...
November 15, 2017

IRS LB&I Launches Compliance Campaigns

The IRS Large Business and International division has announced the identification and selection of 13 campaigns. This is a significant milestone for LB&I in the campaign effort. LB&I is moving toward issue-based examinations and a compliance...
November 14, 2017

New for 2017 Filing Season: Taxpayers Must Show Health Coverage

For the first time, the IRS will require taxpayers filing returns in 2018 to indicate if they had health coverage under the Affordable Care Act (ACA). The IRS indicated it won’t accept electronically filed tax returns that do not include the...

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