Support Hurricane Helene Recovery: Trusted Donation Opportunities for CPAs
Hurricane Helene has devastated parts of the Carolinas. While the road to recovery will be long, our community can help rebuild. As part of CPA Month of Service, we [...]
Live Stream: Hurricane Helene Tax Matters – October 23
As trusted business advisors, you understand how quickly tax and disaster recovery complexities can arise. To help you navigate these challenges, SCACPA has partnered with our peers in Georgia [...]
From the LLR: Email Verification
This message was sent from the LLR on Sunday, September 29, 2024: The renewal period for your license is about to begin and to ensure you receive your renewal [...]
SCACPApalooza Backstage Preview | Shhh…I Was Hacked & Can’t Tell!
Tune in to a sneak peek of SCACPApalooza! This week, we’re turning up the volume on Richard Krenmayer & David Stasaitis from Stasmeyer. They are going to rock the [...]
SCACPA Welcomes Three New Partners to Strengthen Your Experience
At SCACPA, we’re dedicated to ensuring our members can access the best resources and services to support their success. We’re proud to introduce three new partners—Stasmayer, Unison Globus, and [...]
SC Board of Accountancy Newsletter Available
The most recent edition of the SC Board of Accountancy Newsletter is available for download here. The newsletter details the upcoming New CPA Oath Ceremony to be held in [...]
From Paychex: Help your clients with BOI reporting
This content was submitted by Paychex and is not indicative of SCACPA's position, interpretation, or opinion of BOI Reporting. Paychex will offer a Beneficial Ownership Information (BOI) Reporting Service [...]
Celebrating Legislative Victories in the 2023-2024 South Carolina Legislative Session
The 2023-2024 South Carolina legislative session has come to a close, marking a productive period with several victories for the CPA profession in South Carolina. Advocacy is a core [...]
SCACPA Legislative News
During this legislative cycle, SCACPA has championed and supported several bills for the good of the CPA profession and the South Carolina business community. As the two-year cycle heads [...]
Spring Splash Presents: Economic Update with Frank Rainwater
SCACPA is thrilled to once again welcome Frank Rainwater, executive director of the SC Revenue & Fiscal Affairs Office, to Spring Splash! Frank is renowned for his informative Economic [...]
OMB Pre-Releases Changes to Uniform Guidance
Submitted by Galasso Learning Solutions Further information will be made available as it happens. Upcoming GLS Governmental courses will feature deeper content on this topic, as will future SCACPA [...]
SCACPA Adds Its Name to Letter Voicing BOI Concerns
In a letter addressed to the U.S. Department of the Treasury and the Financial Crimes Enforcement Network (FinCEN), SCACPA and its peers voiced serious concerns regarding enforcing the reporting [...]
From the IRS: Transcript Delivery Service Authorization Change
Submitted by the IRS As part of the IRS’ effort to continue combatting identity theft and protecting taxpayers’ personal information, we’re making changes that will impact how tax professionals [...]
Navigating the Tough Road Ahead: Client Impacts and Practice Changes from New Ownership Reporting Rules
By W. Verne McGough, Jr. JD, LLM, Merline & Meacham, PA This article originally appeared in the Winter 2024 issue of the South Carolina CPA Report As 2024 ushers in [...]
CNA: Coverage Considerations: Services Related to the Corporate Transparency Act
Accounting firms have raised questions regarding potential coverage for services delivered to clients related to the Corporate Transparency Act (“CTA”). This article from CNA is designed to provide some general [...]
Risk Management and the Corporate Transparency Act (including sample engagement letter)
This article was originally published at https://cpai.com. The first second of the post is reprinted here with a link to the full article. The Corporate Transparency Act (“CTA” or [...]
An Introduction to the Corporate Transparency Act
Submitted by Matthew B. Edwards and D. Parker Baker III of Thomas, Fisher & Edwards, P.A., Greenville Note: This article has been adapted from an article entitled “The Basic [...]
Beneficial Ownership Information
By Ian Redpath, JD, LLM This article originally appeared in the Summer 2023 edition of the South Carolina CPA Report. The beneficial ownership information (“BOI”) reporting provisions were part [...]
From LLR: Renewals for CPA or AP License Now Open
Renewals for your Certified Public Accounting or Accounting Practitioner license with the South Carolina Board of Accountancy for 2024 are now open. Information to renew your license online is [...]
From SCDOR: Changes to Mandatory Minimum Requirement for Employers Uploading W-2s
Employers who file at least 10 W-2 or 1099 forms with South Carolina withholding are now required to submit those documents to the South Carolina Department of Revenue (SCDOR) [...]
SOC Code Fields Available Now to Prepare for Required Reporting by April 2024
Submitted by the South Carolina Department of Employment & Workforce Development New data to give South Carolina businesses the advantage in hiring and building their workforce. Once again, South [...]
Cuffed for a Cause: Free Donny Burkett!
One of our own SCACPA members, Donny Burkett, has landed himself in the slammer! But don't fret; it's all in good fun and for a fantastic cause. Mr. Burkett [...]
From the IRS: Withdrawal Process for ERC Claims, Webinar Opportunity & More
From the IRS IRS announces withdrawal process for Employee Retention Credit claims; special initiative aimed at helping businesses concerned about an ineligible claim amid aggressive marketing As part of [...]
Fall Fest Presents: David Peters, CPA
By David Peters, CPA One of the things that I love about SCACPA’s conferences is that we always seem to have a little bit of everything. This year’s Fall [...]
The Misunderstood Cyber Liability Insurance Policy
By David Peters, CPA This article originally appeared in the Summer 2022 issue of The South Carolina CPA Report Whether you are in the insurance industry bubble (like me) or [...]
License Agreement: Read the Fine Print
By David Knoble, CPA Member since 2010 This article originally appeared in the Fall 2022 issue of The South Carolina CPA Report Today, there is an increase in a practitioner’s [...]
5 Basic Data Backup Best Practices Your CPA Firm Should Follow
By David Donovan, Senior Infrastructure Architect, VC3 This article originally appeared in the Winter 2023 issue of The South Carolina CPA Report There is no denying that backing up your [...]
SCDOR Tax Legislative Update for 2023
The South Carolina Department of Revenue’s Information Letter #23-11 provides an overview of tax law changes enacted during the 2023 legislative session in South Carolina. The main updates include: [...]
From SCDOR: South Carolina Updates to Maximum Sales & Use Tax (Max Tax)
The South Carolina Department of Revenue (SCDOR) has announced changes concerning the state's Maximum Sales & Use Tax (Max Tax). Here are the key takeaways: Max Tax is a [...]
Fall Fest Presents: ESG with Walda Wildman
By Walda Wildman, CPA All kinds of big companies are playing up their compliance with ESG standards. However, those companies haven’t had any codified standards to use in preparing [...]