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February 8, 2018

News Roundup

Pentagon Shows Interest in SCANA Sale – as Energy Customer The U.S. Department of Defense, which pays millions of dollars in South Carolina on energy needs each year, asked SC regulators to be part of the review of Dominion Energy’s...
February 7, 2018

A Snapshot of How Monday’s Dow Drop Hit the Super-Rich

Mondays are the worst. As proof, here’s how Forbes tracked how these six billionaires lost $18.8 billion at the end of the day’s market plunge, when the Dow Jones Industrial Average dropped 1,175 points, or 4.6%. It’s the largest...
February 7, 2018

PwC Puts New Safeguards in Place to Avoid Repeat of Best Picture Embarrassment

PwC’s US Chairman Tim Ryan has opened up about new safeguards that will be in place at this year’s Academy Awards ceremony, a year after a partner of the accounting and auditing firm’s mishandling of the famed sealed envelopes...
February 6, 2018

SCDOR Urges Taxpayers to File Electronically

As the South Carolina Department of Revenue pushes to have all individual taxpayers and professional tax preparers file their tax returns electronically, options remain for those who lack internet access. Approximately 87% of SC taxpayers file...
February 5, 2018

IRS: New Tax Scam Combines Fake Returns, Real Bank Accounts

Only a few days into the filing season, the IRS sent a release on Feb.2 describing a new scam that began with cybercriminals stealing data from tax practitioners’ computers and filing fraudulent tax returns. The twist: In a few cases, the...
February 4, 2018

To Re-Route Columbia Trains, Mayor Suggests Vote on Property Taxes

While addressing the issue of train traffic congestion in his State of the City address on Jan. 30, Columbia Mayor Steve Benjamin posed a solution that would require a combination of local, state and/or federal funds. Benjamin suggested that city...