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March 16, 2018

LEGISLATIVE UPDATE: Details from House’s $8.2B Budget Proposal; No Conformity Bill Yet

SCACPA’s Advocacy team continues to track for progress in Conformity action during the legislative session. Clearly, there is growing support to do some version of Conformity, but no Conformity bill has been introduced. We know the...
March 14, 2018

A Trend You Didn't Want - Data Breaches at Small CPA Firms

By Jeremy Gilbert, Manager, Dixon Hughes Goodman IT Advisory and Trevin Mowery, Principal Consultant, Cylance Incident Response and Forensics As your firm works diligently to prepare your clients’ tax returns this season, hackers are looking...
March 9, 2018

LEGISLATIVE UPDATE: As Session Reaches Halfway Point, Conformity Talks Continue

SCACPA’s Advocacy activities this past week were highlighted by CEO Chris Jenkins and Board member Ken Newhouse meeting with House Ways and Means Committee Chairman W. Brian White (R-Anderson). Conformity issues were discussed in detail, and we...
March 7, 2018

Study: SC is 6th-best for property taxes, 48th for vehicle tax

According to a study published by personal finance website WalletHub, South Carolina residents pay $821 in real estate taxes on an average-priced home and $651 in vehicle taxes based on a car value of $24,000. That ranks the Palmetto State as the...
March 19, 2018

Investigation: SC Counties Gave $221M In Tax Breaks in 2016 to Lure Businesses

How many tax breaks do South Carolina county governments offer to lure businesses into their borders? There were $221 million in 2016 tax breaks found, according to documents analyzed by The State newspaper – and that amount figures to be a...
March 18, 2018

News Roundup

State’s Budget Doesn’t Leave Room for Raises for All SC Employees Teachers, Department of Corrections employees and Department of Natural Resources officers are expected to be the leading beneficiaries of the State Legislature’s...