Gov. McMaster Urges House, Senate to Pass Conformity in Letter
With days running out before this S.C. legislative session adjourns, S.C. Gov. Henry McMaster sent a letter that asks the General Assembly to address the issue of Conformity to the [...]
With days running out before this S.C. legislative session adjourns, S.C. Gov. Henry McMaster sent a letter that asks the General Assembly to address the issue of Conformity to the [...]
With six legislative days remaining in this session, it appears South Carolina’s passage of a Conformity bill will be included in a sine die resolution. While the language for the [...]
With recent tax law changes and continued cybersecurity threats facing the tax community, the IRS is encouraging tax professionals to sign up for this summer’s Nationwide Tax Forums. Each of [...]
The IRS warned of a new twist on an old phone scam as criminals use telephone numbers that mimic IRS Taxpayer Assistance Centers to trick taxpayers into paying non-existent tax [...]
ADVOCATE The Advocacy Team scored another victory on behalf of a SCACPA member. We were alerted Tuesday morning that the Department of Employment and Workforce customer service phone operators were [...]
Accountants have deep insights into their company's processes, so they should be as equally involved in the selection of new software for their organizations. What drives companies to upgrade to [...]
South State Corp.’s first-quarter 2018 net income was $42.3 million, an increase of $39.9 million from the end-of-year $2.4 million, the company reported. The board of directors of the Columbia-based [...]
A bipartisan group of House Ways and Means Committee lawmakers have given the IRS a deadline of May 4 to answer questions related to the April 17 technical glitches that [...]
As the deadline nears for first quarter unemployment wage filings and payments, the S.C. Department of Employment and Workforce understands that many businesses may have lost a day of preparation [...]
The South Carolina Association of CPAs was one of the multiple entities that presented testimony about tax Conformity bill H. 5162 to the Income Tax Subcommittee of the House Ways [...]
Retailers, Restaurants Once Again Offer Discounts Tied to Tax Deadline Dollar margaritas, free massages and menu upgrades were among the treats and “deductions” offered by America’s restaurants, retailers and service [...]
ADVOCATE The Conformity Bill H. 5162; introduced by House Ways and Means Committee Chair Brian White (R-Anderson), is currently at the House and will be going to meeting this week. [...]
Ceterus, one of Charleston’s fastest-growing technology startups since its founding in 2008, has gained $10 million in a round of Series B funding from Richmond, Va.-based Harbert Growth Partners. It [...]
April 18, 2018 – SCACPA Board Member Ken Newhouse, CPA, presented testimony in support of Conformity to the South Carolina House Ways and Means Committee on Tuesday, April 17, 2018. [...]
Tuesday, April 17, the IRS’ Modernized eFile and Direct Pay services went down, leaving CPA tax practitioners and taxpayers scrambling on the last day of filing season. A number of [...]
The Internal Revenue Service announced today that it is providing taxpayers an additional day to file and pay their taxes following system issues that surfaced early on the April 17 [...]
The IRS announced they are having technical issues with their e-File and Direct Pay systems today. IRS personnel have told us that they are working to resolve the problem. The [...]
During his five years as a CPA, Sean Kenny became well-versed with the annual Busy Season grind. But in the past year, as he has worked toward his goal of [...]
By Randy Johnston, K2 Enterprises When our K2 team offers a CPE course related to accounting technology, our rule is that we should have content that can be applied the [...]
Solar Bill Suffers Stunning Defeat in S.C. House Turnaround A bill to expand South Carolina’s solar power industry that enjoyed a victorious 64-33 House vote a week earlier was killed [...]