Monthly Archives: August 2018

SCACPA Mourns the Loss of Past President H. McRoy Skipper Jr., CPA, and Jo Skipper

By |2018-09-05T17:21:02+00:00August 31st, 2018|Featured, Membership|

The South Carolina Association of CPAs is mourning the loss of H. McRoy Skipper Jr., CPA, and his wife, Jo, who both died in a tragic multi-vehicle traffic accident [...]

S.C. News Roundup: IRS Loophole Proposal Could Constrict Exceptional SC Scholarship Donations

By |2018-08-29T20:11:11+00:00August 29th, 2018|News Roundup|

IRS Loophole Proposal Could Constrict Exceptional SC Scholarship Donations Proposed IRS regulations that attempt to clarify expectations between charitable contributions and tax payments could limit a loophole that made [...]

Share the Success: SCACPA Social Media Has You Covered

By |2018-08-29T10:42:02+00:00August 29th, 2018|Membership, Public Relations, Technology|

The SCACPA Communications team is happy to provide you with the weekly Current Assets e-newsletters every Thursday and our quarterly South Carolina CPA Report magazine. But you can find [...]

Columbia Business Review Ranks Bauknight, Pietras & Stormer as Columbia’s Top Accounting Firm

By |2018-08-28T14:27:58+00:00August 28th, 2018|Auditing & Accounting, Business & Industry, Membership, Public Relations|

Bauknight Pietras & Stormer, P.A., which started in 1991 as a four-person accounting practice, has been ranked the No. 1 accounting firm in the Columbia region, according to Columbia Business [...]

SCACPA Presents: A Free 8-Hour Comprehensive 199A Update Course on Sept. 20

By |2018-08-23T14:52:09+00:00August 23rd, 2018|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Membership, Regulatory, Tax|

COURSE TITLE: “Complete Coverage of 199A Regulations” REGISTER NOW: SMTX59 – In-Person | LITX59 – Livestream Lynn Nichols, CPA, host of SCACPA’s Federal Tax Update Podcast and presenter for [...]

S.C. News Roundup: Legislators Float Ideas for State’s $177M Budget Surplus

By |2018-08-23T14:19:04+00:00August 23rd, 2018|News Roundup|

Legislators Float Ideas for State’s $177 Million Budget Surplus S.C Comptroller Richard Eckstrom announced a one-time $177 million surplus for the fiscal year that ended for the state’s $8.1 [...]

Member Benefit Alert: SCACPA Partners with Surgent On-Demand Self-Study CPE

By |2018-08-21T16:21:08+00:00August 21st, 2018|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Membership, Partners, Public Relations, Regulatory, Tax, Technology|

SCACPA members who know they can depend on the Association for all-around CPE excellence now have an incredible opportunity to get specialized knowledge for their precise career needs. The [...]

SCACPA Treasurer Newhouse Testifies to Senate Finance Subcommittee on Need for Tax Conformity

By |2018-08-15T19:25:42+00:00August 15th, 2018|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Membership, Regulatory, Tax|

Note: Read a summary about the Senate Finance Subcommittee on Conformity’s initial Aug. 8 meeting here. The Senate Finance Subcommittee on Conformity met for the second time on Wednesday morning, [...]

S.C. News Roundup: How South Carolina Differs from Other States in Wayfair Decision

By |2018-08-16T15:07:29+00:00August 14th, 2018|News Roundup|

How South Carolina Differs from Other States in Wayfair Decision The Baker Donelson law firm examines how the Supreme Court’s Wayfair decision for collecting online sales taxes already has [...]

S.C. Tax Team’s Lynn Nichols Examines IRS Proposed Regulations on IRC Sec. 199A (Qualified Business Income Deduction)

By |2018-08-23T14:59:06+00:00August 14th, 2018|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

The IRS’s proposed regulations to explain and interpret Code Section 199A stemming from the Tax Cuts and Jobs Act were released on Wednesday, Aug. 8. Lynn Nichols, of the [...]

SC DOR Seeks Public Comments on Guidance Drafts for Remote Sellers, Marketplace Operators and Marketplace Users

By |2018-08-13T18:39:38+00:00August 13th, 2018|Featured, Regulatory, Tax, Technology|

In the wake of the U.S. Supreme Court’s recent decision in South Dakota v. Wayfair, Inc., the South Carolina Department of Revenue has released three Public Drafts for public comment [...]

SCACPA Continues to Push for Results in Summer Conformity Talks

By |2018-08-15T19:27:57+00:00August 9th, 2018|Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

Note: Read about the Aug. 15 second meeting of the Senate Finance Subcommittee on Conformity that featured testimony from SCACPA Board Member and Treasurer Ken Newhouse here. The first [...]

S.C. News Roundup: Cutting into S.C.’s Labor Shortage Requires Removing Barriers for Women to Work

By |2018-08-09T13:16:19+00:00August 8th, 2018|News Roundup|

Removing Barriers for Women to Work Could Diminish S.C.’s Labor Shortage While South Carolina’s unemployment rate is at its lowest point in about 40 years, the state trails the [...]

Hybrid Cloud Environment is Best of Both Worlds with On-Premise Software

By |2018-08-07T20:13:55+00:00August 7th, 2018|Business & Industry, Technology|

Content Courtesy of Kopis | SCACPA Gold Affinity Partner Hybrid cloud environments are a recent trend in software development that are creating interesting opportunities for businesses. A hybrid cloud solution [...]

Member Comments Sought on Proposal for New AICPA Auditing Standard

By |2018-08-07T19:54:37+00:00August 7th, 2018|Auditing & Accounting, Governmental, Legislative/Advocacy, Membership, Regulatory|

Changes are coming for those who perform attestation engagements. A standard proposed by the AICPA Auditing Standards Board would change the terminology for what has been known as a “review [...]