Updated 9/8/2023 On Wednesday, September 6, the Internal Revenue Service (IRS) announced an extension in tax filing and payment deadlines for individuals and businesses affected by the Idalia storm [...]
The requirements to become a licensed CPA differ across states, yet CPAs maintain mobility to practice in multiple jurisdictions. How does this work? David Knoble, Chair of the South [...]
The compression of the CPA pipeline is an issue of state and national concern. SCACPA and societies in other jurisdictions and national organizations are continuously exploring avenues to relieve [...]
The following was provided by SC Works . SC Works cordially invites you to join them on September 20th, 2023, for the Annual SC Works Job Fair. This event [...]
Provided by Copper Dome Strategies, LLC The 1st regular session of the 125th South Carolina General Assembly concluded last week. Many of the priorities going into the session were [...]
The compression of the CPA pipeline is an issue of state and national concern. SCACPA, as well as societies in other jurisdictions and national organizations, are continuously exploring avenues [...]
Last year, the passage of S.812 significantly updated the Accounting Practice Act. Almost as soon as the ink dried on the bill, task forces began drafting revisions to the [...]
At the beginning of 2023, the AICPA released a draft of an 8-point plan to address the challenges facing the CPA Pipeline. The SCACPA Board of Directors reviewed this plan [...]
Prepared by Copper Dome Strategies First election under new state law that allowed for early voting A newly enacted voting law allowed for 12 days of early, in person [...]
The National Association of State Boards of Accountancy has announced tentative key dates regarding the implementation of the CPA Evolution initiative and the changes it will have on the [...]
Updated 10/10/2022 We just received news from the SC Department of Revenue regarding its response to Hurricane Ian. This announcement aligns the deadline extensions the IRS announced last week [...]
The Exposure Draft, Maintaining the Relevance of the Uniform CPA Examination® - Aligning the Exam with the CPA Evolution Licensure Model, is available for public comment. The draft is [...]
The following was sent to all SC CPA Licensees from the South Carolina Board of Accountancy on July 1, 2022. The Board may be contacted at Contact.Accountancy@llr.sc.gov. To support [...]
One month ago, we celebrated the signing of Senate Bill 812 into law. The CPA Practice Act resulted from hours of conversations around conference tables and discussions with legislators, [...]
South Carolina CPAs received two significant legislative wins this past week. South Carolina Governor Henry McMaster (R) signed two bills into law that positively impact the CPA profession in [...]
During 2021, the AICPA’s Auditing Standards Board invited comments on its exposure draft, Proposed Quality Management Standards. According to an AICPA press release (February 2021), “the standards offer a [...]
Earlier this week, the SC Department of Revenue approved and issued Information Letter 21-31: Extended Tax Relief – Nexus and Income Tax Withholding Requirements for Employers with Workers Temporarily [...]
SCACPA participated in the recent meeting of the SC Board of Accountancy on October 26. During the meeting, members of the SC Board of Accountancy and SCACPA CEO Chris [...]
The DOL Employee Benefit Security Administration (EBSA) Office of the Chief Accountant (OCA) is planning to conduct a study to assess the quality of audit work performed by independent [...]
The Department of Labor, Licensing and Regulation (LLR) is seeking members for several of its boards. There is a strong interest from the Governor to have CPAs fill those [...]