IRS is Drafting Simplified Form 1040 for 2019 Tax Season
The IRS announced plans to streamline the Form 1040 into a shorter, simpler document for the 2019 tax season so all 150 million taxpayers can use the same form. The [...]
DEW Announces July Classes For SUITS Electronic Filing For Employers, TPAs
The S.C. Department of Employment and Workforce replaced its legacy tax system in March with its State Unemployment Insurance Tax System. Since the end of the 2018 1st quarter [...]
DOR Looks Into S.C. Sales Tax Options of SCOTUS Wayfair Decision
The U.S. Supreme Court has ruled that states can require online retailers to collect sales taxes. In the decision of South Dakota v. Wayfair Inc. on Thursday, June 21, the [...]
Job Opportunity – Spartanburg, Finance Manager II
The Manager Finance (Reimbursement) is responsible for the accounting, analysis, and reporting functions related to Medicare, Medicaid, and other governmental agencies for all entities of the District: Apply here. [...]
Week June 25 – 29
OPERATIONS Welcome to our two new summer interns, Daniel and Patrick! They will be helping our staff members with daily tasks and front desk duties. ADVOCATE Although session is [...]
Deadline Nears to Pledge a Tax Credit Donation as Exceptional SC Passes Halfway Mark to $12M Goal
Exceptional SC, is a 501(c)3 charity that helps K-12 students with special needs attend credentialed private schools through tuition tax credits and scholarships, has announced it is quickly on the [...]
LEGISLATIVE UPDATE: House, Senate Remain at Odds on $60M of Budget
The General Assembly is set to return to Columbia on Wednesday, June 27, to allow members to continue working on specified unfinished business, including Tax Conformity, the state budget, and [...]
Week June 18 – 22
COMMUNICATE Members will soon receive their second dues renewal notice by mail. As always if you have any questions or concerns give our office a call at 803-791-4196 or email [...]
S.C. News Roundup: State Unemployment Rate is 4%
State’s Unemployment Rank Sank to 4% in May About 1,800 jobs were created and South Carolina unemployment rate dipped to 4% in May, according to DEW numbers. The unemployment [...]
Job Opportunity – Beaufort, Certified Public Accountant
Beaufort County CPA firm is currently hiring a CPA for a full-time position in their Bluffton, SC office. Job duties include attestation services (audits, reviews and compilations) and income [...]
Wanted: Silent Auction Items for Fall Fest Accounting Conference Fundraiser
The SCACPA staff is hard at work gearing up for the Fall Fest Accounting Conference, and that includes the prizes and fun for our Entertainment Night social event. During [...]
4 CPA Firms Ranked Among 2018 ‘Best Places to Work in South Carolina’
Bauknight Pietras & Stormer, Cherry Bekaert, Elliott Davis and Scott & Company are CPA firms listed among the “Best Places to Work in South Carolina,” as chosen by the [...]
IRS’ Kautter Signals That 199A Guidance on Pass-Through Deductions is Pending Release
When will the IRS issue guidance on new Internal Revenue Code section 199A? That’s among the top questions on CPAs’ minds related to the Tax Cuts and Jobs Act. The [...]
Week June 11 – 15
ADVOCATE The South Carolina Association of CPAs has joined the South Carolina Chamber of Commerce in a news statement urging Conformity action by the state Senate this summer on June 27 from [...]
S.C. News Roundup: 92% of GOP Voters Support Conformity Question
Support for Conformity by State’s GOP Primary Voters is 92% Among the non-binding questions appearing on party ballots in Tuesday’s primary, Republican voters were asked, “Do you believe that [...]
SCACPA joins Chamber of Commerce in Conformity Statement
The South Carolina Association of CPAs has joined the South Carolina Chamber of Commerce in a news statement urging Conformity action by the state Senate this summer on June [...]
Country Time Lemonade Takes a Stand For Kids’ Business Permits with ‘Legal-Ade’
“When life hands you outdated laws, make lemonade, and get Legal-Ade.” That’s Country Time lemonade’s motto as it stands up to introduce Legal-Ade -- “a crack team ready to straighten [...]
With More than 2 million ITINs to Expire in 2018, IRS Urges Early Steps to Renew
With more than 2 million Individual Taxpayer Identification Numbers set to expire at the end of 2018, the IRS urges affected taxpayers to submit their renewal applications soon to [...]
Kopis and The Move to Modern: Four Areas Every Company Should Evaluate
Many of our clients ask how they can best keep up with technology trends -- and, more importantly, take advantage of the simplified, feature-rich services that are now more [...]
Week June 4 – 8
COMMUNICATE Members have been emailed a dues renewal reminder. Please check you junk and spam folders if you did not receive it in you inbox. If you cannot locate the [...]