As the IRS modernizes its policies, practices and systems, SCACPA believes tax professionals should have as many tools as possible in one place to aid taxpayers in successfully adhering [...]
On June 11, the IRS published Treasury Decision 9864, which finalizes proposed regulations designed to clarify the relationship between state and local tax credits and federal tax rules for charitable contribution deductions. [...]
Note: SCACPA federal tax expert E. Lynn Nichols has looked closely at June 11’s Treasury Decision 9864, which finalizes proposed regulations designed to clarify the relationship between state and [...]
View from the Dome – June 7, 2019 By Copper Dome Strategies, LLC The first session of the 123rd General Assembly adjourned Sine Die on May 10, but the General Assembly returned [...]
The following is a “Letter to Business Owners” written by Chad Connelly, the Executive Director of Exceptional SC, a 501(c)(3) dedicated to supporting exceptional needs students and families in South Carolina created by the passage [...]
View from the Dome – May 31, 2019 By Copper Dome Strategies, LLC Although the General Assembly has adjourned for the year (see the May 24 edition of View from the [...]
View from the Dome – May 24, 2019 By Copper Dome Strategies, LLC The General Assembly returned to Columbia this past Monday and Tuesday to complete unfinished business, including passage of [...]
SCACPA representatives visited South Carolina lawmakers in Washington, D.C., on Monday and Tuesday to discuss the accounting profession’s advocacy agenda. Incoming SCACPA Board Chair Zoe Davis, CPA, outgoing Board Chair Dr. Clarence Coleman, CPA, and [...]
View from the Dome – May 17, 2019 By Copper Dome Strategies, LLC Although the General Assembly adjourned Sine Die on May 9, a Joint Resolution to allow work to continue past the [...]
Final approval for a bill that amends some key operating procedures for the South Carolina Board of Accountancy was given by the Senate on Thursday, May 9, the final day of the 2019 legislative [...]
View from the Dome – May 10, 2019 By Copper Dome Strategies, LLC The General Assembly adjourned Sine Die on Thursday, May 9, at 5 p.m. after a flurry of last-week-of-session activities in both chambers, including passing legislation [...]
The AICPA’s Auditing Standards Board issued a pair of new auditing standards on Wednesday, May 8: SAS No. 134: Auditor Reporting and Amendments, Including Amendments Addressing Disclosures in the Audit of Financial Statements SAS [...]
The South Carolina Department of Revenue issued an advisory opinion in the form of “Information Letter 19-14: Marketplace Facilitator” on Tuesday, May 7. It informs persons operating as a marketplace facilitator who sell tangible personal property [...]
As the House Legislative Oversight Committee continues its overview of the LLR, members of the South Carolina Association of CPAs visited the Blatt Building to offer testimony on Wednesday, [...]
View from the Dome – May 3, 2019 By Copper Dome Strategies, LLC The debate on the potential sale of state-owned utility Santee Cooper again dominated the time on the Senate floor [...]
The South Carolina House Tax Policy Review Committee introduced its sales tax proposal on Thursday, May 2. It was read for the first time and referred to the Ways [...]
The SCACPA Advocacy Team is taking this opportunity to share details from a letter that Chad Connelly, the Executive Director of the charity Exceptional SC, sent on Monday, April [...]
SCACPA advocacy expanded in many avenues in 2019. As South Carolina’s 2019 legislative session nears its May 9 adjournment date, the SCACPA Advocacy Team can point to work to [...]
Imagine a place where you have the opportunity to network with over 200 of your peers—peers who can help provide a fresh perspective to your industry and who can [...]
As a CPA, you know a lot. But, in today’s changing environment, there are a lot of subjects where you probably have a fair share of questions. That’s why [...]
