Accountable Blog: Remote Work & Expiring COVID Restrictions
Submitted by David Peters, CPA, David Peters Financial Group As COVID restrictions are starting to come to an end, many companies are making decisions around whether to continue to [...]
SCDOR Revenue Ruling 22-x: Employer Wage Withholding Requirements
Yesterday, the South Carolina Department of Revenue Policy Division released a public draft of Revenue Ruling 22-x: Employer Wage Withholding Requirements. According to the SCDOR, the purpose of this [...]
View From the Dome (June 4, 2021): House Ways and Means Committee Unanimously Adopts New Version of $31B State Budget
As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the 124th Legislative Session, prepared in cooperation [...]
SCDOR Guidance: How to Amend a State Tax Return to Exclude Unemployment Benefits
South Carolina recipients of unemployment compensation are allowed to exclude from state taxes up to $10,200 of benefits they received in 2020, thanks to Gov. Henry McMaster signing into law [...]
View From the Dome (May 21, 2021): General Fund Revenues are $412M Above Expected Collections, Per BEA Report
As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the 124th Legislative Session, prepared in cooperation [...]
View From the Dome (May 14, 2021): Conformity Bill Awaits Gov.’s Signature; Decouples with 10 Federal Provisions, Exempts $10,200 of Unemployment Payments
As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the 124th Legislative Session, prepared in [...]
The “Accountable” Podcast for CFOs: Reworking Your Content Strategy for a Virtual Future With Linda Newsom-McCurdy
For organizations whose schedules revolve around live events, it’s no secret that it’s the experience that draws members together. One such organization is the Virginia Society of CPAs. Like [...]
Lynn Nichols Federal Tax Update (May 10, 2021): The Goofiest ‘Innocent Spouse’ Case Ever & 7 Other Topics
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]
Want to Maximize the Value of Your CPE Bank? Here’s How with Our Livestream Spring Splash Courses in June
Have you ever attended an educational conference and found that so many of the sessions you want to attend happen at the same time? This May and June, SCACPA [...]
View From the Dome (May 7, 2021): Tax Conformity Bill Reaches Calendar for Senate Readings
As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the 124th Legislative Session, prepared in [...]
View From the Dome (April 30, 2021): With Two Weeks Left in Legislative Session, Here are 10 Tax Bills About to be Considered by the Full SC House Ways and Means Committee
As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the 124th Legislative Session, prepared in [...]
Message from Paychex: Clients Have All of 2021 to Claim Employee Retention Tax Credit
Help your clients claim the tax credits they deserve Note: Paychex is proud to be SCACPA’s Gold Affinity Partner of payroll, retirement, and HR services. As your clients continue [...]
Lynn Nichols Federal Tax Update (April 26, 2021): IRS Announces Tax Credits for Covid Vaccination Paid Leave, and Other Topics
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]
View From the Dome (April 23, 2021): House is Signaling its Approval of Senate’s COVID-19 Liability Safe Harbor Act
As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the legislative session, prepared in cooperation [...]
View From the Dome (April 16, 2021): Crossover Deadline Passes, Senate Finance Committee Starts Draft of New $31B State Budget
As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the legislative session, prepared in cooperation [...]
Lynn Nichols Federal Tax Update (April 12, 2021): More Guidance on Employee Retention Credit, Among 8 Topics
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]
View From the Dome (April 2, 2021): Senate Approves Bill Concerning Attorney’s Fees Connected to DOR Actions
As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the legislative session, prepared in cooperation [...]
SCDOR’s March 31 Information Letter Addresses Taxability of Unemployment Benefits in South Carolina
The South Carolina Department of Revenue has issued guidance to draw attention to the situation that, as of this posting, unemployment benefits are taxable in South Carolina. The SC [...]
Lynn Nichols Federal Tax Update: American Rescue Plan Act’s Child Credit Changes
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]
COVID-19 Vaccine Eligibility is Here for All South Carolinians 16 and Over Starting March 31. Here’s How to Get in Line
SCACPA was glad to hear the announcement by Gov. Henry McMaster and DHEC that all South Carolinians aged 16 and older will be eligible to receive COVID-19 vaccinations beginning [...]
Lynn Nichols Federal Tax Update (March 29, 2021): American Rescue Plan Act Provisions Affecting 2020 Income Tax Returns
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]
View From the Dome (March 26, 2021): House Receives Senate’s Bill for Pass-Through Trade and Business
As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the legislative session, prepared in cooperation [...]
SCACPA is Aware of and Monitoring SC Senate’s Proposal to Extend Tax Deadlines
As part of SCACPA’s commitment to Advocacy for the profession, we are continuously monitoring activity for you at the State House during the Legislative Session. That’s why we want [...]
SCACPA Urges IRS to Expand All Tax Deadline Extensions to May 17
Tax season just got longer again – but how much longer? CPAs should not be in a position of so much uncertainty in late March when the fate of [...]
Lynn Nichols Federal Tax Update (March 22, 2021): Reaction to Extension of Return Filing
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]
View From the Dome (March 19, 2021): Conformity Begins its Journey with Approval from a House Ways and Means Subcommittee
As part of SCACPA's dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the legislative session, prepared in cooperation with [...]
IRS Announces Selective Extension of April Tax Filing and Payment Due Date to May 17
The Treasury Department and IRS announced Thursday that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, [...]
The “Accountable” Podcast for CFOs: How a Recruiter Can Help You Hire Confidently, with Recruiting Manager Shelby Shoffstall
Dave chats with Shelby Shoffstall, a recruiting manager at Robert Half. They cover several subjects, including how culture can give your organization an edge in hiring, the difficulties of [...]
View From the Dome (March 12, 2021): Senate Finance Committee to Consider a Pass-Through Trade and Business Bill
By Copper Dome Strategies Friday, March 12, 2021 We have reached the halfway point in the legislative session with nine weeks completed and nine weeks remaining before May 13 [...]
First Look: Paychex Has Updated its PPP Loan Forgiveness Estimator
Looking for the latest guidance on PPP Loan Forgiveness? Paychex – a gold affinity partner of payroll, retirement and HR services for the South Carolina Society of CPAs – presents [...]