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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
To raise awareness of precautions to take amid the spread of Coronavirus, SCACPA wants its members to know of a free webinar offered by the Maryland Association of CPAs [...]
WHEN: Thursday and Friday, May 14-15 WHERE: Spartanburg Marriott, 299 North Church Street, Spartanburg 29306 REGISTER: www.scacpa.org/spring-splash or call 803.791.4181 Enjoy a change of scenery at the end of [...]
Are there tax-related issues you'd like to talk about? It's time to join the SCACPA Connect conversation. You might have noticed activity on what will soon be the go-to [...]
To raise awareness of precautions to take in the planning of group events amid the spread of Coronavirus, SCACPA wants its members to know that the Greater Washington Society [...]
By Copper Dome Strategies Friday, March 6, 2020 Once again, the future of state-owned utility Santee Cooper was front and center as both the House and Senate committees continued [...]
GASB has issued an exposure draft to update the Conceptual Framework for Note Disclosures. The exposure draft describes the types of information that should be disclosed in notes and [...]