THIS WEEK: SCACPA’s COVID-19 Response and Resources hub page can be found at www.scacpa.org/covid-19-response-and-resources. This page is continually updating with links to news as it becomes available, along with [...]
Keep up with all SCACPA updates specific to the Coronavirus/COVID-19 situation at www.scacpa.org/covid-19-response-and-resources SCACPA wants to thank our members for taking advantage of the forums of SCACPA Connect, our [...]
COVID-19 Tax Law Developments: Tax Effects of Coronavirus (COVID‐19) and CARES Act (Livestream codes LITX41 and LITX42) Dates and Times: Register for Livestream LITX41 on Wednesday, April 8 (9 [...]
By Copper Dome Strategies Friday, April 3, 2020 The General Assembly will briefly return to session in Columbia for one day next week. Gov. Henry McMaster closed all public access [...]
SCACPA knows that many CPAs are analyzing the rules of the Treasury Department’s Paycheck Protection Program application. While there are many ways you can help your small business clients, [...]
The Department of Treasury has released the Paycheck Protection Program application and supplemental information, all available on their website. The AICPA is providing a page on "SBA Paycheck Protection [...]
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 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 [...]
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 of [...]
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. [...]
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, [...]
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. [...]
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. [...]
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 [...]
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 [...]
