Gov. McMaster Emphasizes Tax Relief, New Jobs in State of the State Speech
SC Gov. Henry McMaster used his first State of the State address to voice his desire to cut taxes and veto any bills that leave customers paying for the state's [...]
Save the Date: 2018 Spring Splash Accounting Conference
Spring Splash Accounting Conference May 17-18, 2018 | Greenville, South Carolina Expected Audience: 200+ Special Events: New CPA Oath Ceremony Luncheon; Annual Member Meeting. With five tracks of learning and [...]
News Roundup
As Dow Jumped from 25,000 to 26,000 in Eight Days, Boeing was Huge Winner Boeing Co., the aerospace giant with an assembling facility in North Charleston, was the largest percentage [...]
Delinquent on Back Taxes? It Could Affect Your Passport
Those who owe more than $51,000 in back taxes, penalties and interest could be danger of having a valid passport, according to the IRS as it implements new procedures. The [...]
Tariffs are Setback for Newberry’s Samsung Facility
Samsung made good on its promise to open its first U.S. appliance manufacturing facility in Newberry on Friday, Jan. 12. The South Korean technology giant announced in June it would [...]
Free File Software Options Are Up and Running
The IRS and the Free File Alliance have launched their portal where taxpayers who earn $66,000 in annual income or less can select from a dozen name-brand income tax preparation [...]
Regulators: Dominion’s $1,000 Offer to Ratepayers Not a Full Refund
The South Carolina Office of Regulatory Staff has released its evaluation of Dominion Energy’s $14.6 billion takeover bid of embattled SCANA Corporation and makes an important distinction about a major [...]
Cybersecurity in Tax Season: IRS Warns of W-2 Phishing
The IRS is urging vigilance this tax season in avoiding phishing scams for Form W-2s and is providing contact information tools for those who have been breached or suspect that [...]
News Roundup
AICPA Announces New CPA Exam Technology The AICPA has announced that it is ready to launch new technology for the Uniform CPA Examination, aiming to give test-takers a more modern [...]
Meet Membership and Communications Coordinator, Jasmine Hoveyda
Jasmine Hoveyda is the Membership and Communications Coordinator at SCACPA. She has a BA in Advertising from the University of South Carolina. We sat down with Jasmine to get to [...]
AARP Launches Online Tool to Help Clients Screen Advisors
AARP and the North American Securities Administrators Association have published an online tool designed to help clients decide whether or not to hire a particular advisor. AARP Interview an Advisor [...]
Trump Admininstration Proposes Rule to Expand Association Health Plans
The Trump administration has proposed new regulations to expand association health plans (AHPs) to create more access to affordable health coverage for small businesses and their employees. President Trump said [...]
FASB Proposes Improvements to Lease Standard Implementation
FASB has issued a proposed Accounting Standards Update (ASU) intended to reduce costs and ease implementation of the Leases standard for financial statement preparers. Stakeholders are encouraged to review and [...]
‘Everyone Benefits from this Bill’: 5 Questions with Lynn Nichols
Lynn Nichols has been explaining federal tax law to audiences since 1969. He now brings an exclusive series of courses on Tax Reform to South Carolina this January in response [...]
Accountants Feeling Positive About 2018
A new survey shows that accounting professionals are feeling optimistic about the year ahead. Using a sample of 365 CPA firms, accounting professionals and small businesses, the Right Networks 2018 [...]
2018 Tax Filing Season Begins Jan. 29, Tax Returns Due April 17
The IRS has announced that the nation’s tax season will begin Monday, Jan. 29, 2018 and reminded taxpayers claiming certain tax credits that refunds won’t be available before late February. [...]
SC’s Small Business Confidence Up While Worker Shortage and Wage Pressure Intensify
The shortage of qualified workers reached a record high in December, and the number of small business owners who made plans to raise compensation was the second highest in history, [...]
2018 IRS Withholding Tables unveiled; paycheck changes could initiate by February
Employees across the country are closer to seeing possible boosts to their paychecks. The IRS’s Notice 1036, which recalculates income tax withholding tables for 2018 based on the new federal [...]
South Carolina Named Business Facilities’ 2017 State of the Year
Massive new commitments from auto giants BMW and Volvo were the drivers in a bounty of new projects in South Carolina in 2017, the top five netting 6,400 new jobs [...]
Gov. McMaster Announces Tax Cut Proposals for Vets, First Responders
South Carolina Gov. Henry McMaster announced tax cut proposals for veterans, law enforcement, and first responders Jan. 5. In the 2018-19 executive budget, McMaster said he will propose a tax [...]