News Roundup

SC News Roundup: USC Research Economists Forecast Tariffs Can Block Growth in 2019

By |2018-12-05T16:31:21+00:00December 5th, 2018|News Roundup|

In 2019 Forecast, USC Research Economists Warn Tariffs Can Block Growth Rising interest rates and tariffs threaten an “economic tug-of-war” for a South Carolina economy [...]

SC News Roundup: Time Will Tell if New Tax Law Affects ‘Giving Tuesday’ for SC Nonprofits

By |2018-11-28T19:03:01+00:00November 28th, 2018|News Roundup|

Time Will Tell if New Tax Law Affects ‘Giving Tuesday’ for SC Nonprofits As charitable contribution totals are counted from 2018’s Giving Tuesday, the period following Black Friday marked [...]

SC News Roundup: State Downgrades Hurricane Florence Damage Estimate Nearly in Half

By |2018-11-20T18:33:31+00:00November 20th, 2018|News Roundup, Uncategorized|

State Downgrades Hurricane Florence Damage Estimate Nearly in Half After on-the-ground damage reports became available from local, state and federal officials, Gov. Henry McMaster informed South Carolina’s congressional members [...]

S.C. News Roundup: Conway Set for $500,000 More from FEMA in Flood Buyout Program

By |2018-11-14T16:36:35+00:00November 14th, 2018|News Roundup|

Conway Set for $500,000 More from FEMA in Flood Buyout Program FEMA has earmarked an additional $500,000 for a flood buyout program in Conway, an increase on the $11.13 [...]

SC News Roundup: Strong Economy Boosts Gov. McMaster to Election Win and Full Term

By |2018-11-07T18:25:21+00:00November 7th, 2018|News Roundup|

Strong Economy Boosts Gov. McMaster to Election Win and Full Term South Carolina voters rewarded Republican Gov. Henry McMaster with his first full term for the office in Tuesday’s [...]

SC News Roundup: DOR Director Says ‘Large Internet Retailer’ Must Obey Online Sales Tax Law

By |2018-10-31T17:37:16+00:00October 31st, 2018|News Roundup|

DOR Director Powell: ‘Large Internet Retailer’ Must Obey SC’s Online Sales Tax Law Hartley Powell, Director of the SC Department of Revenue, recently told a state Senate committee that [...]

SC News Roundup: Charleston Airport will Offer Nonstop Flights to London in 2019

By |2018-10-24T17:04:40+00:00October 23rd, 2018|News Roundup, Uncategorized|

Charleston Airport will Offer Nonstop Flights to London in 2019 British Airways will offer nonstop service from Charleston International Airport to London’s Heathrow Airport from early April through late [...]

SC News Roundup: Will State’s Employees or Projects be Recipients of $177M Surplus?

By |2018-10-10T22:07:11+00:00October 10th, 2018|News Roundup|

Will SC’s Employees or Projects be Recipients of State’s $177M Budget Surplus? The S.C. State Employees Association wrote to Gov. Henry McMaster to consider splitting the state’s $177 million [...]

S.C. News Roundup: How SC’s 2019 Tax Returns will be Complicated Without Conformity

By |2018-09-26T15:58:08+00:00September 26th, 2018|News Roundup|

How SC’s 2019 Tax Returns will be Complicated Without Conformity SC’s legislative leaders have a chance to complete 2018 Tax Conformity starting with a special session next week, and [...]

S.C. News Roundup: Tourism Crowds Skip Lowcountry After Florence Evacuation Order

By |2018-09-13T13:47:30+00:00September 12th, 2018|News Roundup|

Tourism Crowds Skip Lowcountry After Florence Evacuation Order Hotels in the Charleston area, where occupancy rates typically are 85% in this part of the tourism season, are focused on [...]

S.C. News Roundup: IRS Loophole Proposal Could Constrict Exceptional SC Scholarship Donations

By |2018-08-29T20:11:11+00:00August 29th, 2018|News Roundup|

IRS Loophole Proposal Could Constrict Exceptional SC Scholarship Donations Proposed IRS regulations that attempt to clarify expectations between charitable contributions and tax payments could limit a loophole that made [...]

S.C. News Roundup: Legislators Float Ideas for State’s $177M Budget Surplus

By |2018-08-23T14:19:04+00:00August 23rd, 2018|News Roundup|

Legislators Float Ideas for State’s $177 Million Budget Surplus S.C Comptroller Richard Eckstrom announced a one-time $177 million surplus for the fiscal year that ended for the state’s $8.1 [...]

S.C. News Roundup: How South Carolina Differs from Other States in Wayfair Decision

By |2018-08-16T15:07:29+00:00August 14th, 2018|News Roundup|

How South Carolina Differs from Other States in Wayfair Decision The Baker Donelson law firm examines how the Supreme Court’s Wayfair decision for collecting online sales taxes already has [...]

S.C. News Roundup: Cutting into S.C.’s Labor Shortage Requires Removing Barriers for Women to Work

By |2018-08-09T13:16:19+00:00August 8th, 2018|News Roundup|

Removing Barriers for Women to Work Could Diminish S.C.’s Labor Shortage While South Carolina’s unemployment rate is at its lowest point in about 40 years, the state trails the [...]

SC News Roundup: To Absorb Tariffs, BMW Raises Prices in China on SC-made Vehicles

By |2018-08-01T18:57:10+00:00August 1st, 2018|News Roundup|

To Absorb Tariffs, BMW Raises Prices in China on SC-made Vehicles China’s retaliatory 25% tariff on American-made cars, which brings the Chinese import tax to 40% as of July 6, [...]

S.C. News Roundup: Construction Jobs are Evaporating in South Carolina

By |2018-07-25T19:06:21+00:00July 25th, 2018|News Roundup|

Construction Jobs Evaporating in South Carolina The Associated General Contractors of America say South Carolina dropped 1,600 construction jobs in its report of May to June activity. That’s a [...]

S.C. News Roundup: Amid Tariff Reactions, BMW Says Spartanburg Expansion Still on Track

By |2018-07-11T13:48:14+00:00July 11th, 2018|News Roundup|

Amid Tariff Reactions, BMW Says Spartanburg Expansion Still on Track German automaker BMW and Chinese partner Brilliance Automotive Group Holdings announced the joint venture BMW Brilliance Automotive to increase [...]