Showing Results for Business & Industry

January 27, 2017

SCACPA Member Lends Expertise to S.C.’s Standardized Business License Project

Efforts to standardize the Palmetto State’s business license renewal processes is moving ahead with some analysis and advice from the CPA community. Members of the General Assembly, the Municipal Association of S.C. and a number of business...
January 2, 2017

IRS Advises Those with Expiring ITINs to Apply Now, Avoid Refund Filing Delays

The IRS is urging any taxpayer with an expiring Individual Taxpayer Identification Number (ITIN) and a need to file a return in the upcoming filing season to file a renewal application in the next few weeks to avoid refund and processing delays. In...
January 1, 2017

The IRS Has the Resources You Need for Tax Filing Season

Ready for tax season? The IRS wants you and your clients to have all of the resources you need to hit the ground running. Take steps now for tax filing season Get ready today to file your 2016 federal income tax return. Changes for the tax filing...
December 28, 2016

GASB Issues Guidance on Certain Asset Retirement Obligations

GASB has issued guidance for state and local governments addressing liabilities known as “asset retirement obligations.” An asset retirement obligation (ARO) is a legally enforceable liability associated with the retirement of a tangible...
December 27, 2016

2017 GAAP Financial Reporting Taxonomy Now Available

FASB has announced the availability of the 2017 GAAP Financial Reporting Taxonomy (Taxonomy) pending final acceptance by the SEC. FASB staff is responsible for the ongoing development and maintenance of the Taxonomy applicable to public issuers...
December 26, 2016

2017 SC Withholding Tables Now in Effect

Did you remember to update your South Carolina Withholding tax tables? If you are an employer, accountant, payroll provider or software developer, please use the updated tables below, effective immediately. 2017 SC Withholding Tax Tables...