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View from the Dome: House Tax Policy Review Committee Set to Discuss Taxes on Services; Bidding Process Explored for Santee Cooper Utility

By |2019-03-22T13:45:11-04:00March 22nd, 2019|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

View from the Dome – March 22, 2019 By Copper Dome Strategies, LLC There was action on several major legislative initiatives, including education reform, medical marijuana, an update to the [...]

Please Review This Important DOR Revenue Ruling About State Tax Addback Calculations

By |2019-03-21T14:02:09-04:00March 21st, 2019|Auditing & Accounting, Featured, Governmental, Regulatory, Tax|

SCACPA wants to make CPAs and tax practitioners aware that the South Carolina Department of Revenue has released a four-page Revenue Ruling concerning the new ways to calculate state [...]

With Third Reading in SC Senate, Conformity Passage is Closer to Completion

By |2019-03-21T14:03:43-04:00March 20th, 2019|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

South Carolina’s annual tax Conformity legislation found in H.3985 (Reps. Lucas, G. M. Smith and Stavrinakis) received its third reading on the floor of the full Senate on Wednesday, [...]

View from the Dome: SC Senate Gives Unanimous Second Reading to Conformity Bill; House Gives Final Approval on Budget

By |2019-03-15T12:53:44-04:00March 15th, 2019|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

View from the Dome – March 15, 2019 By Copper Dome Strategies, LLC There were no meetings scheduled in the House this week as they debated and passed the [...]

SC DOR Releases Information Letter Summary of State Individual Income Tax Conformity to IRC

By |2019-03-13T16:12:16-04:00March 13th, 2019|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Membership, Regulatory, Tax|

The South Carolina Department of Revenue has released Information Letter 19-7, a 13-page advisory opinion that summarizes South Carolina conformity with Internal Revenue Code sections affecting individual taxpayers through Feb. [...]

SCACPA’s Things to Watch in the Profession: A&A Update on Hosting Services

By |2019-03-13T14:05:22-04:00March 13th, 2019|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Public Relations, Regulatory, Tax, Technology|

March 14, 2019 There have been many questions about the hosting standard that was supposed to be effective in 2018 but was delayed until July 1, 2019. At last, [...]

Conformity Clears Second Reading with Senate

By |2019-03-21T14:06:13-04:00March 12th, 2019|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Membership, Public Relations, Tax|

The full Senate Finance Committee gave a favorable report on H.3985 (Reps. Lucas, G. M. Smith and Stavrinakis), the annual tax Conformity legislation, on Tuesday, March 12. UPDATE: The Conformity [...]

View from the Dome: House’s Tax Conformity Bill Reaches Senate Finance Committee

By |2019-03-08T13:19:53-04:00March 8th, 2019|Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

View from the Dome – March 8, 2019 By Copper Dome Strategies, LLC The Senate Finance Sales and Income Tax Subcommittee approved the annual tax conformity legislation. The South Carolina [...]

South Carolina House Tax Policy Review Committee to Draft Bill for 4.5% State Income Tax

By |2019-03-07T18:26:59-04:00March 7th, 2019|Featured, Governmental, Legislative/Advocacy, Membership, Tax|

The South Carolina House Tax Policy Review Committee voted to adopt a plan to lower the state’s income tax from 7% to 4.5% over a five-year period. The plan would [...]

SCACPA Promotes CPA Credential to Public with #WhyCPA Campaign

By |2019-03-11T08:22:15-04:00March 6th, 2019|Auditing & Accounting, Business & Industry, Featured, Membership, Public Relations, Why CPA|

Isn’t it funny that three little letters make all the difference when it comes to describing who you are and what you do? Those three letters — CPA — [...]

Turn Around Your Understanding of Spreadsheet Pivot Tables with SCACPA’s #TechTuesday

By |2019-03-05T18:26:25-04:00March 5th, 2019|Auditing & Accounting, Featured, Membership, Public Relations, Technology|

If you’ve ever looked at an Excel spreadsheet and felt like you were searching for a needle in a haystack, you should know that Pivot Tables are just the [...]

CPA Volunteers Wanted for TV Tax Season Phone Bank on Midlands TV Station

By |2019-03-04T17:04:25-04:00March 4th, 2019|Featured, Legislative/Advocacy, Membership, Public Relations, Tax|

Don’t miss this extraordinary opportunity to promote the Profession and promote yourself! We are asking for CPAs to serve on an-air tax season phone bank on Thursday, March 14, on [...]

View from the Dome: House Tax Policy Review Committee Knows Solutions Must Address Property Taxes, Education Funding

By |2019-03-01T12:19:22-04:00March 1st, 2019|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

View from the Dome – March 1, 2019 By Copper Dome Strategies, LLC The debate over comprehensive education reform continued in both bodies. The Chief Justice of the State Supreme [...]

SCACPA Gives You Real-Time Access to Experts for Audit and Tax

By |2019-03-04T18:55:50-04:00February 27th, 2019|Auditing & Accounting, Business & Industry, Featured, Legislative/Advocacy, Membership, Public Relations, Tax, Technology|

The ever-changing landscape of tax and audit means it helps to rely on guidance from trusted voices. The South Carolina Association of CPAs is proud to offer as a [...]

Occupational Licensure Reform: A Battle Worth Having

By |2019-02-28T12:31:35-04:00February 22nd, 2019|Business & Industry, Featured, Governmental, Legislative/Advocacy, Membership, Public Relations, Regulatory|

Your association recognizes that the continued push for Occupational Reform is a significant risk to the profession. The topic of reform is trending for proponents who question how much [...]

SC House Tax Policy Review Committee Eyes 4.5% State Income Tax Plan

By |2019-02-22T11:21:11-04:00February 22nd, 2019|Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

Committee Chairman Tommy Pope (R-York) began Thursday’s meeting of the South Carolina Tax Policy Review Committee by telling members his goal is find consensus to send a “working template” to [...]

The South Carolina Research Authority and the Industry Partnership Fund – An Innovative Way to Pay

By |2019-02-14T16:25:50-04:00February 14th, 2019|Business & Industry, Featured, Governmental, Membership, Public Relations, Tax, Technology|

By John E. Sircy, CPA, CMA, CFM, CSCA | SCACPA Member Since 2012 The Industry Partnership Fund represents an excellent option for your clients to support South Carolina’s innovation [...]

Peer Review Alert: ‘Peer Review Alliance’ is Now Available for SCACPA Members

By |2019-02-12T16:58:12-04:00February 12th, 2019|Auditing & Accounting, Featured, Membership, Public Relations, Tax|

The South Carolina Association of CPAs would like to announce some updates and adjustments to the Peer Review process available to members. Since 2016, SCACPA has outsourced the administration [...]

Busy Season Busy Signals: Day After Presidents Day is IRS’s Busiest Phone Call Day

By |2019-02-11T14:20:25-04:00February 11th, 2019|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax, Technology|

The IRS receives more phone calls on the day after Presidents Day than on any other day of the year. “Given the high call volumes at this time of the [...]

View from the Dome: ‘Road Map for Tax Reform’ Under Consideration; Santee Cooper Study Committee Sorts Out Purchase Bids

By |2019-02-08T13:44:39-04:00February 8th, 2019|Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

View from the Dome – Feb. 8, 2019 By Copper Dome Strategies, LLC Major education reform legislation continued debated in two separate subcommittees in the House and Senate. The [...]