Legislative/Advocacy

LEGISLATIVE REARVIEW: Copper Dome Strategies’ 2018 Review Includes Conformity Forecast

By |2018-07-13T13:53:06+00:00July 13th, 2018|Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

THE STATUS OF CONFORMITY: Two Conformity bills – one each from the House and Senate – may still be considered this year, as they were included in the Sine [...]

Board of Accountancy Q2 Newsletter: Updates on New Education Committee, Succession Planning

By |2018-07-09T17:12:57+00:00July 9th, 2018|Auditing & Accounting, Business & Industry, Governmental, Legislative/Advocacy, Regulatory, Tax|

The South Carolina Board of Accountancy has released its 2nd Quarter 2018 Newsletter, and it includes a list of all recently licensed South Carolina CPAs from October 2017-March 2018. [...]

LEGISLATIVE UPDATE: House, Senate Remain at Odds on $60M of Budget

By |2018-06-25T18:30:33+00:00June 22nd, 2018|Featured, Governmental, Legislative/Advocacy, Tax|

The General Assembly is set to return to Columbia on Wednesday, June 27, to allow members to continue working on specified unfinished business, including Tax Conformity, the state budget, and [...]

IRS’ Kautter Signals That 199A Guidance on Pass-Through Deductions is Pending Release

By |2018-06-15T15:35:06+00:00June 15th, 2018|Auditing & Accounting, Business & Industry, Governmental, Legislative/Advocacy, Tax|

When will the IRS issue guidance on new Internal Revenue Code section 199A? That’s among the top questions on CPAs’ minds related to the Tax Cuts and Jobs Act. The [...]

SCACPA joins Chamber of Commerce in Conformity Statement

By |2018-06-14T14:51:27+00:00June 14th, 2018|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Membership, Regulatory, Tax|

The South Carolina Association of CPAs has joined the South Carolina Chamber of Commerce in a news statement urging Conformity action by the state Senate this summer on June [...]

LEGISLATIVE UPDATE: Legislation Signed into Law Includes Many Healthcare Provisions

By |2018-05-25T18:53:09+00:00May 25th, 2018|Featured, Governmental, Legislative/Advocacy, Tax|

South Carolina’s journey toward reaching Tax Conformity is on hold until the legislature meets again to consider it under Legislation Awaiting Final Action. The General Assembly is expected to return [...]

SCACPA Urges Immediate Action on Conformity This Summer

By |2018-05-23T18:26:26+00:00May 23rd, 2018|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Tax|

Throughout the recent South Carolina legislative session, the South Carolina Association of CPAs communicated to legislators and the public at large that Conformity is needed as soon as possible. [...]

LEGISLATIVE UPDATE: Budget, Conformity are on Legislature’s Summer To-Do List

By |2018-05-25T18:40:20+00:00May 22nd, 2018|Featured, Governmental, Legislative/Advocacy, Tax|

South Carolina’s journey toward reaching Tax Conformity is on hold until the legislature meets again to consider it under Legislation Awaiting Final Action. The Sine Die Resolution allows the [...]

News Roundup: Thousands of SC Technical Jobs are Unfilled, Lexington Co. has State’s Best Cost of Living

By |2018-05-16T15:55:37+00:00May 16th, 2018|Auditing & Accounting, Business & Industry, Governmental, Legislative/Advocacy, News Roundup, Tax|

As Thousands of Technical Jobs go Unfilled, Leaders Debate Ways to Strengthen Workforce With the state’s 4.4% unemployment rate at a near two-decade low, thousands of new residents moving in [...]

Legalized Sports Gambling May Be Tricky Tax Bet in South Carolina

By |2018-05-23T16:35:40+00:00May 16th, 2018|Business & Industry, Governmental, Legislative/Advocacy, Tax|

The Supreme Court struck down the 1992 Professional and Amateur Sports Protection Act that prohibited states from authorizing sports gambling by a 6-3 vote on Monday, May 14. It [...]

LEGISLATIVE UPDATE: House, Senate, Include Conformity Bills as Sine Die Resolutions

By |2018-05-11T13:27:33+00:00May 11th, 2018|Featured, Governmental, Legislative/Advocacy, Tax|

The "South Carolina Taxpayer Protection and Relief Act,” the Senate version of tax Conformity (S. 1258), was introduced by Senate President Pro Tem and Finance Committee Chairman Hugh Leatherman (R-Florence) on [...]

BREAKING: Senate Introduces Tax Conformity Bill on Final Day of Session

By |2018-05-10T12:20:52+00:00May 10th, 2018|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

With the hours ticking away before the end of the legislative session, the S.C. Senate introduced a bill for Tax Conformity on Thursday, May 10. The “South Carolina Taxpayer Protection [...]

Letter from the SCACPA CEO: Senate Must Avoid ‘Inertia’ and Take Action on Conformity

By |2018-05-08T12:43:01+00:00May 8th, 2018|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

South Carolina’s legislative session is set to adjourn on Thursday, May 10, and the fate of a Tax Conformity bill remains in serious question. Cindi Ross Scoppe, the Associate Editor [...]

LEGISLATIVE UPDATE: With Lucas Leading Charge, House Moves Conformity to Senate for Debate

By |2018-05-04T14:34:45+00:00May 4th, 2018|Blogs, Featured, Legislative/Advocacy, Tax|

Three legislative days remain in this session, and a bill that would grant Tax Conformity for South Carolina to the Federal code is on its way to the Senate for [...]

Gov. McMaster Urges House, Senate to Pass Conformity in Letter

By |2018-05-03T14:40:33+00:00April 30th, 2018|Blogs, Featured, Legislative/Advocacy, Tax|

With days running out before this S.C. legislative session adjourns, S.C. Gov. Henry McMaster sent a letter that asks the General Assembly to address the issue of Conformity to the [...]

LEGISLATIVE UPDATE: Signs Point to Sine Die Fate for Conformity Passage

By |2018-05-03T14:02:03+00:00April 27th, 2018|Blogs, Featured, Legislative/Advocacy, Tax|

With six legislative days remaining in this session, it appears South Carolina’s passage of a Conformity bill will be included in a sine die resolution. While the language for the [...]

LEGISLATIVE UPDATE: House Income Tax Subcommittee Hears Testimony from SCACPA, Others in Favor of Conformity

By |2018-05-03T11:00:16+00:00April 20th, 2018|Blogs, Featured, Legislative/Advocacy, Membership, Tax|

The South Carolina Association of CPAs was one of the multiple entities that presented testimony about tax Conformity bill H. 5162 to the Income Tax Subcommittee of the House Ways [...]

Conformity Update: SCACPA Board Member Ken Newhouse Testifies on Conformity at Ways and Means Subcommittee Meeting

By |2018-05-03T11:01:15+00:00April 18th, 2018|Blogs, Featured, Legislative/Advocacy, Membership, Tax|

April 18, 2018 – SCACPA Board Member Ken Newhouse, CPA, presented testimony in support of Conformity to the South Carolina House Ways and Means Committee on Tuesday, April 17, 2018. [...]

SCACPA Continues to Monitor, Oppose SC House Proposals on Services

By |2018-05-03T03:13:37+00:00April 11th, 2018|Blogs, Legislative/Advocacy, Tax|

As part of our mission to be on the forefront of advocacy for South Carolina CPAs, it has come to SCACPA’s attention that a South Carolina House panel has proposed [...]

Comments Off on SCACPA Continues to Monitor, Oppose SC House Proposals on Services