Monthly Archives: March 2020

COVID-19 Advisory for Employee Benefits: Key Facts on Families First Coronavirus Response Act (FFCRA) (With Updated FAQ)

By |2020-04-03T13:47:56-04:00March 31st, 2020|Blogs, COVID-19, Educate, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Partners, Public Relations, Regulatory|

UPDATE (March 31): The IRS released a DRAFT form and DRAFT instructions for IRS Form 7200 for employers to use to request advanced payroll tax credits for providing employees [...]

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SCACPA Update Page for COVID-19 Developments and Resources (through March 31): McMaster Orders 15-Day Shutdown of Nonessential Services; Homeland Security Lists Accounting as Among Critical Workers

By |2020-04-03T14:00:24-04:00March 31st, 2020|COVID-19, Uncategorized|

SCACPA would like to thank all state agencies and partners for their hard work during this difficult time. Thanks to Copper Dome Strategies for their assistance in bringing SCACPA [...]

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SCACPA Happenings: Week of March 30-April 3

By |2020-03-31T12:57:30-04:00March 31st, 2020|Blogs, Connect, Membership Page Controls, SCACPA Happenings|

THIS WEEK: The SCACPA Update Page for COVID-19 Developments and Resources can be found at https://www.scacpa.org/scacpa-update-page-for-covid-19-developments. We are updating this page with links to news as it becomes available, along [...]

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Galasso Learning Solutions: How Accounting & Auditing Regulators are Addressing COVID-19

By |2020-04-03T13:51:06-04:00March 29th, 2020|Auditing & Accounting, Blogs, COVID-19, Educate, Featured, Governmental, Membership Page Controls, Regulatory|

This past week found our regulatory agencies working hard to address COVID-19. OMB expanded its administrative relief to entities impacted operationally by current conditions The AICPA provided guidance on [...]

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Here are Some Answers for Your Questions About Mass Filing for Unemployment Benefits

By |2020-04-03T13:55:54-04:00March 27th, 2020|Blogs, Business & Industry, Communicate, COVID-19, Featured, Governmental, Membership Page Controls, Regulatory, Technology|

SCACPA understands that many members have questions and concerns regarding the mass filing for unemployment benefits via the online portals of the SC Department of Employment and Workforce. While [...]

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View From the Dome: Legislative Session Remains Postponed; Candidate Filing Period Ends on March 30

By |2020-03-27T13:34:35-04:00March 27th, 2020|Advocate, Blogs, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory|

By Copper Dome Strategies Friday, March 27, 2020 The General Assembly has postponed the legislative session until further notice. South Carolina's public schools will remain closed through the month of [...]

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Is Your Team New to Working Remotely While Social Distancing? Pay Attention to Your Cybersecurity

By |2020-04-03T13:54:09-04:00March 26th, 2020|Blogs, Business & Industry, Connect, COVID-19, Featured, Technology|

By Thomas G. Stephens Jr., CPA, CITP, CGMA | K2 Enterprises As the world comes to grips with COVID-19, many businesses are encouraging team members to work from home. [...]

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SC News and Tax Roundup: With Charleston City Council’s ‘Stay at Home’ Ordinance, Accounting is Essential Service

By |2020-04-03T13:52:58-04:00March 25th, 2020|Blogs, Communicate, COVID-19, Membership Page Controls, News Roundup|

With Charleston City Council’s ‘Stay at Home’ Ordinance, Accounting is Essential Service Charleston City Council voted to be South Carolina’s first city to enact a “stay at home” ordinance, [...]

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SCACPA Happenings: Week of March 23-27

By |2020-03-23T15:12:56-04:00March 23rd, 2020|Blogs, Connect, Membership Page Controls, SCACPA Happenings, Uncategorized|

THIS WEEK: The SCACPA Update Page for COVID-19 Developments and Resources can be found at https://www.scacpa.org/scacpa-update-page-for-covid-19-developments. We are updating this page with links to news as it becomes available. [...]

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Gov. McMaster Directs DOR to Conform South Carolina’s Income Tax Deadline to July 15

By |2020-03-23T14:30:13-04:00March 23rd, 2020|Blogs, Communicate, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory, Tax|

SCACPA wishes to thank Gov. Henry McMaster and the South Carolina Department of Revenue for their outstanding leadership as we navigate a crisis that none of us have experienced before. [...]

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View From The Dome: A Look Inside the $45M COVID-19 Relief Package for DHEC; Return of Legislators is on Hold (March 20)

By |2020-03-23T11:18:01-04:00March 20th, 2020|Advocate, Blogs, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory|

By Copper Dome Strategies Friday, March 20, 2020 The House and Senate returned to Columbia briefly this past week to approve emergency funding in response to the Coronavirus. The [...]

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SCACPA CEO Chris Jenkins Requests Gov. McMaster to Include Accounting Services as an Essential Service

By |2020-03-20T15:05:55-04:00March 20th, 2020|Advocate, Auditing & Accounting, Blogs, Business & Industry, Featured, Governmental, Legislative/Advocacy, Membership, Membership Page Controls, Partners, Public Relations, Regulatory, Tax, Technology|

Note: The following is a letter from SCACPA CEO Chris Jenkins to South Carolina Governor Henry McMaster with a request to define accounting services as an essential service in the [...]

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Galasso Learning Solutions: OMB M-20-11/UG Administrative Relief when Directly Impacted by COVID-19

By |2020-04-03T13:50:22-04:00March 19th, 2020|Auditing & Accounting, Blogs, COVID-19, Educate, Featured, Governmental, Membership Page Controls, Regulatory|

The U.S. Office of Management and Budget has issued administrative relief for those who receive federal financial assistance that is DIRECTLY RELATED to COVID-19. The Governmental Audit Quality Center [...]

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A Message from CEO Chris Jenkins: SCACPA is Open to Serve You for the Long Haul

By |2020-03-18T15:46:16-04:00March 17th, 2020|Blogs, Communicate, Featured, Membership, Membership Page Controls, Public Relations, Why CPA|

Dear SCACPA Members, By now, we’ve all received the outreach emails from every restaurant, retailer and service provider that we’ve encountered. Each sincere message explains how the organization will [...]

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State House Updates: Senate, House to Vote on COVID-19 DHEC Funding; Future Session Meetings on Hold

By |2020-03-17T19:27:14-04:00March 17th, 2020|Advocate, Blogs, Featured, Legislative/Advocacy, Membership Page Controls, Public Relations|

Thanks to Copper Dome Strategies for their assistance in bringing SCACPA Members these developments in South Carolina relating to the COVID-19. SCACPA would also like to thank all state [...]

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SCACPA Happenings: Week of March 16-20

By |2020-03-16T18:07:30-04:00March 16th, 2020|Blogs, Connect, Membership Page Controls, SCACPA Happenings|

THIS WEEK: SCACPA is cancelling all in-person gatherings scheduled through the eight-week timeframe recommended by the CDC. SCACPA is committed to delivering livestream rebroadcast courses to you at your [...]

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View From the Dome: Senate Bills Make Progress for Conformity, Business Personal Property and Business License Tax Reform (March 13)

By |2020-03-13T12:54:56-04:00March 13th, 2020|Advocate, Blogs, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory, Tax|

By Copper Dome Strategies Friday, March 13, 2020 We are now at the halfway point in the legislative session with nine weeks completed and nine weeks remaining. The House of [...]

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Galasso Learning Solutions A&A Video Blog: 457 Plan and Other Implementation Issues Exposure Draft

By |2020-03-18T12:45:21-04:00March 12th, 2020|Auditing & Accounting, Blogs, Educate, Featured, Membership Page Controls, Regulatory|

GASB has issued an exposure draft that will address implementation issues in GASB 84 and component units while also addressing accounting and financial reporting for Section 457 plans. This [...]

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AICPA Calls for Tax Relief for Individuals, Businesses Amid Coronavirus Pandemic

By |2020-03-11T17:03:22-04:00March 11th, 2020|Advocate, Blogs, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Public Relations, Tax|

The American Institute of CPAs (AICPA) called for the Treasury Department and the IRS to provide relief to all taxpayers on Wednesday in light of the uncertainty and challenges caused [...]

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Conformity Bills Have Been Introduced in House and Senate: Follow SCACPA Advocacy for Updates

By |2020-03-13T12:33:09-04:00March 11th, 2020|Advocate, Blogs, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Tax|

Bills in the House and Senate have been introduced to start the process of South Carolina’s annual tax Conformity legislation. H.5365 (Rep. G. Murrell Smith Jr.), relating to the application [...]

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