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Monthly Archives: January 2018

Gov. McMaster Announces Tax Cut Proposals for Vets, First Responders

By |2018-04-27T23:40:32-05:00January 9th, 2018|Blogs, Regulatory, Tax|

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 [...]

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IFAC Concerned About Losing Separate Standard-Setting Boards for Auditing and Ethics, Suggests Alternative

By |2018-04-27T23:44:34-05:00January 7th, 2018|Auditing & Accounting, Blogs|

The International Federation of Accountants (IFAC) has published its initial views to the Monitoring Group Consultation Paper on changes to the international audit and ethics standard-setting process. While IFAC agrees [...]

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FINRA Takes Steps to Make It Harder for Brokers to Expunge Misdeeds

By |2018-04-27T23:48:00-05:00January 6th, 2018|Blogs|

Brokers may no longer be able to wipe years’ worth of disciplinary marks off their public BrokerCheck records, thanks to changes proposed by FINRA. The regulator has released proposed amendments to [...]

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Standard Mileage Rates for 2018 Up from Rates for 2017

By |2018-04-27T23:52:59-05:00January 4th, 2018|Auditing & Accounting, Blogs, Tax|

The IRS has issued the 2018 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. [...]

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IRS Provides Additional Relief for Partnerships and Certain Other Entities

By |2018-04-27T23:57:06-05:00January 3rd, 2018|Blogs, Tax|

The IRS has issued revised guidance extending relief for certain partnerships, real estate mortgage investment conduits (REMICs), and other entities that did not file the required returns by the new [...]

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South Carolina’s Unemployment Rate 4% in November

By |2018-04-28T00:01:23-05:00January 2nd, 2018|Blogs, Business & Industry|

South Carolina's unemployment rate inched up slightly last month to 4%. The Department of Employment and Workforce said in a news release Dec. 22 that the rate was up 0.1 [...]

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