Featured

Galasso Learning Solutions: Materiality Considerations for Attestation Engagements

By |2020-08-27T16:47:17-04:00August 27th, 2020|Auditing & Accounting, Blogs, Educate, Featured, Legislative/Advocacy, Membership Page Controls, Regulatory|

The AICPA has issued nonauthoritative guidance from its Materiality Working Group of the Assurance Services Executive Committee (ASEC), designed to assist practitioners in determining when there is a material misstatement [...]

Comments Off on Galasso Learning Solutions: Materiality Considerations for Attestation Engagements

Galasso Learning Solutions: ASU 2020-06

By |2020-08-27T16:34:03-04:00August 27th, 2020|Auditing & Accounting, Blogs, Educate, Featured, Membership Page Controls, Regulatory|

ASU 2020-06 is designed to reduce complexity and improve comparability for convertible instruments and contracts in an entity’s own equity. Issued: August 2020 What questions do you have? Send your [...]

Comments Off on Galasso Learning Solutions: ASU 2020-06

DOR Announces Extended Tax Relief for Nexus and Income Tax Withholding Requirements Through Dec. 31, 2020

By |2020-08-26T17:37:51-04:00August 26th, 2020|Advocate, Blogs, Business & Industry, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Public Relations, Regulatory, Tax|

The South Carolina Department of Revenue on Thursday, Aug. 26, released SC Information Letter #20-24, which extends until Dec. 31, 2020, temporary tax relief to employers with workers temporarily [...]

Comments Off on DOR Announces Extended Tax Relief for Nexus and Income Tax Withholding Requirements Through Dec. 31, 2020

Lynn Nichols Federal Tax Update (Aug. 24): Vacation Property Rentals and IRC Sec. 469

By |2020-08-26T01:02:12-04:00August 26th, 2020|Educate, Featured, Governmental, Membership Page Controls, Public Relations, Regulatory, Tax, Technology|

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 provide [...]

Comments Off on Lynn Nichols Federal Tax Update (Aug. 24): Vacation Property Rentals and IRC Sec. 469

View From the Dome: Gov. McMaster Urges Cabinet Agencies to Maintain Funding Levels from Continuing Resolution For Now

By |2020-08-21T14:17:11-04:00August 21st, 2020|Advocate, Blogs, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Public Relations, Regulatory, Tax|

By Copper Dome Strategies Friday, Aug. 21, 2020 The Senate announced plans to return to session in September. Among the considerations are changes to state election laws that could allow [...]

Comments Off on View From the Dome: Gov. McMaster Urges Cabinet Agencies to Maintain Funding Levels from Continuing Resolution For Now

Here are Resources to Discuss the Payroll Tax Deferral Executive Action

By |2020-08-19T14:09:16-04:00August 19th, 2020|Advocate, Blogs, Business & Industry, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory, Tax|

SCACPA and the AICPA are offering resource concerning the recent Executive Action on Payroll Tax Deferral. The executive action has raised many questions, and specific guidance and clarity are [...]

Comments Off on Here are Resources to Discuss the Payroll Tax Deferral Executive Action

You Can Earn Six Hours of Livestream Ethics Credits on September 16 (and Discover Some Tech Gizmos, Too!)

By |2020-08-18T20:22:05-04:00August 18th, 2020|Blogs, Educate, Featured, Membership, Membership Page Controls, Public Relations, Technology|

A quality tax practice begins with respect for the standards, and SCACPA is presenting a day of six total hours of livestream ethics training on Wednesday, Sept. 16. Start [...]

Comments Off on You Can Earn Six Hours of Livestream Ethics Credits on September 16 (and Discover Some Tech Gizmos, Too!)

View From the Dome: Joint Bond Review Committee Approves Highway Projects, Seeks More Funds for Rural Broadband

By |2020-08-14T18:11:13-04:00August 14th, 2020|Advocate, Blogs, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Public Relations, Regulatory, Tax|

By Copper Dome Strategies Friday, Aug. 14, 2020 Plans are finalized for public schools to begin opening starting next week. The Senate Re-Open SC Committee met again. Democrats flipped a [...]

Comments Off on View From the Dome: Joint Bond Review Committee Approves Highway Projects, Seeks More Funds for Rural Broadband

Here’s What SCACPA’s 2020 Scholarship Winners Have to Say About Their Plans

By |2020-08-14T12:00:36-04:00August 14th, 2020|Blogs, Featured, Grow, Membership, Membership Page Controls, Public Relations, Why CPA|

Summer time means SCACPA Scholarship time, and for 2020 we are excited that our Educational Fund Trustees awarded $64,500 to 43 exceptional students who plan to pursue careers in [...]

Comments Off on Here’s What SCACPA’s 2020 Scholarship Winners Have to Say About Their Plans

Preventing Fraud During COVID-19: DEW Warns About Consequences for ‘Double-Dipping’ of Combining Unemployment Claims with PPP-Backed Income

By |2020-08-11T16:06:27-04:00August 11th, 2020|Blogs, Business & Industry, Communicate, COVID-19, Featured, Governmental, Membership Page Controls, Public Relations, Technology|

The S.C. Department of Employment and Workforce released a statement on Monday, Aug. 10, to remind employers and workers that abusing federal relief funding such as Paycheck Protection Program [...]

Comments Off on Preventing Fraud During COVID-19: DEW Warns About Consequences for ‘Double-Dipping’ of Combining Unemployment Claims with PPP-Backed Income

SCACPA is Proud to Co-Sponsor the Virtual ‘Carolinas Planned Giving Conference’ on Sept. 2-3. Register Now with Your CPE Bank!

By |2020-08-11T13:21:23-04:00August 11th, 2020|Blogs, Educate, Featured, Membership, Membership Page Controls, Public Relations, Tax, Why CPA|

Registration is open for the 2020 Carolina Planned Giving Conference, presented by the North Carolina and South Carolina Planned Giving Councils. SCACPA is excited to be a co-sponsor of [...]

Comments Off on SCACPA is Proud to Co-Sponsor the Virtual ‘Carolinas Planned Giving Conference’ on Sept. 2-3. Register Now with Your CPE Bank!

Lynn Nichols Federal Tax Update (Aug. 10, 2020): Recapture of Erroneous Coronavirus Credit Refunds

By |2020-08-10T21:03:19-04:00August 10th, 2020|Blogs, COVID-19, Educate, Featured, Governmental, Membership Page Controls, Regulatory, Tax, Technology|

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 provide [...]

Comments Off on Lynn Nichols Federal Tax Update (Aug. 10, 2020): Recapture of Erroneous Coronavirus Credit Refunds

Galasso Learning Solutions: Proposed Concept Statement – Elements

By |2020-08-07T15:45:25-04:00August 7th, 2020|Auditing & Accounting, Blogs, Educate, Featured, Membership Page Controls, Regulatory|

FASB has issued a proposed Concept Statement addressing the definition of elements of financial statements. The 10 key elements (assets, liabilities, equity etc.) are getting an update to better define [...]

Comments Off on Galasso Learning Solutions: Proposed Concept Statement – Elements

View From the Dome: Legislative Committees Discuss Regulatory Relief, Broadband Access and Testing Efforts

By |2020-08-10T13:04:34-04:00August 7th, 2020|Advocate, Blogs, Business & Industry, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory, Tax|

By Copper Dome Strategies Friday, Aug. 7, 2020 All remaining businesses that closed as the Coronavirus began spreading across South Carolina began to reopen this week. Legislative committees met to [...]

Comments Off on View From the Dome: Legislative Committees Discuss Regulatory Relief, Broadband Access and Testing Efforts

Galasso Learning Solutions: GASB’s Proposed Changes to the Financial Reporting Model

By |2020-08-07T15:28:31-04:00August 7th, 2020|Auditing & Accounting, Blogs, Educate, Featured, Membership Page Controls, Regulatory|

GASB has proposed its Exposure Draft that would improve the financial reporting model. The proposal includes changes to MD&A, extraordinary items, presentation of proprietary funds and implements the short-term financial [...]

Comments Off on Galasso Learning Solutions: GASB’s Proposed Changes to the Financial Reporting Model

SCDOR: State Sales Tax Holiday Begins Friday, Aug. 7

By |2020-08-04T14:53:56-04:00August 4th, 2020|Blogs, Business & Industry, Communicate, Featured, Governmental, Membership Page Controls, Public Relations, Tax, Technology|

School supplies, clothes and computers are among the items that can be purchased free of sales tax during South Carolina’s annual 72-hour Sales Tax Holiday from Friday, Aug. 7 through [...]

Comments Off on SCDOR: State Sales Tax Holiday Begins Friday, Aug. 7

SCDOR Roundup: 2020 Individual Income Tax Statistics and Policy Division Updates

By |2020-08-04T18:04:22-04:00August 4th, 2020|Blogs, Communicate, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Public Relations, Tax, Technology|

More South Carolina taxpayers filed their Individual Income Tax returns on time this year, with more taxpayers choosing electronic filing options, according to preliminary figures from the South Carolina [...]

Comments Off on SCDOR Roundup: 2020 Individual Income Tax Statistics and Policy Division Updates

Lynn Nichols Federal Tax Update Podcast for Aug. 3, 2020: Capital Loss vs. Ordinary Loss

By |2020-08-05T16:35:32-04:00August 3rd, 2020|Business & Industry, COVID-19, Educate, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory, Tax|

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. The commentary is brief, [...]

Comments Off on Lynn Nichols Federal Tax Update Podcast for Aug. 3, 2020: Capital Loss vs. Ordinary Loss

View From the Dome: Board of Economic Advisors Anticipates SC’s 2019-20 Surplus as $220M

By |2020-08-03T13:50:39-04:00July 31st, 2020|Advocate, Blogs, COVID-19, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory, Tax|

By Copper Dome Strategies Friday, July 31, 2020 Gov. Henry McMaster issued a new Executive Order on Thursday allowing all remaining businesses that closed as the coronavirus began spreading across [...]

Comments Off on View From the Dome: Board of Economic Advisors Anticipates SC’s 2019-20 Surplus as $220M

SCACPA Happenings: Week of July 27-July 31

By |2020-07-30T01:49:32-04:00July 29th, 2020|Blogs, Featured, SCACPA Happenings|

THIS WEEK: Did you renew your All-Inclusive Membership for 2020-21? This is your last chance to avoid the $25 late fee that takes effect on August 1. Visit www.scacpa.org/dues [...]

Comments Off on SCACPA Happenings: Week of July 27-July 31
Go to Top