SC News and Tax Roundup: Legislators Request IRS Guidance on UBIT Refunds
IN THIS EDITION: IRS guidance on UBIT refunds requested by legislators … Gov. McMaster’s executive budget calls for $430M in tax relief and more tax rebates … How to [...]
SC News and Tax Roundup: SCDOR Unveils a South Carolina W-4 for 2020 State Allowances
In This Edition: SCDOR unveils a South Carolina W-4 for 2020 state allowances … Columbia, Charleston forecast among 2020’s ‘Affordable Alternatives’ to America’s high-priced big cities … Reach study [...]
SC News and Tax Roundup: Lowcountry Business Owners Describe Post-Dorian Frustrations in First-Ever ‘Resilience Assessment’
In This Issue: Lowcountry business owners describe post-Dorian frustrations in first-ever ‘Resilience Assessment’ … Phone companies settle with SC governments over unpaid 911 call center taxes, but many agreements [...]
SC News and Tax Roundup: SCRA and Industry Partnership Fund Find New Way to Boost Tech Investment
In This Edition: SCRA and Industry Partnership Fund find new way to boost tech investment … State’s October unemployment rate was 2.6%, with York County at 2% … Remote [...]
SC News and Tax Roundup: BEA Forecasts an Extra $2B Toward General Fund for State’s 2020-21 Budget
In This Edition: The S.C. Board of Economic Advisors forecasts an extra $2B toward general fund for state’s 2020-21 budget. … The Columbia area’s COMET bus system might have [...]
SC News and Tax Roundup: IRS Warns of Scam for Social Security Number Cancellation
In This Issue: IRS warns of telemarketing scam that threatens cancellation of social security numbers. … Employee’s compromised login credentials left online personal records of 19,000 Midlands hospitals patients [...]
SC News and Tax Roundup: Unemployment Rate in S.C. Hits Record Low 2.9%
In This Edition: South Carolina’s unemployment rate hits a record low 2.9%. … New Senate subcommittee wants faster path to wider interstates than what new gas tax allows … [...]
SC News and Tax Roundup: Charleston Wine Market, Supply Chain Brace for Tariffs Hitting European Union
In This Edition: Charleston wine market, supply chain brace for tariffs hitting European Union … Anderson County, Duke Energy have plan for energy storage at civic center … With North [...]
S.C. News and Tax Roundup: Charleston is Among Top U.S. Cities for Rise in Telecommuting
In This Edition: Charleston is among top cities for rise in telecommuting thanks to warm weather, affordability … In search of builders and facing lagging construction times, S.C. construction [...]
SC News and Tax Roundup: Charleston Cybersecurity Expert Warns of ‘Work from Home Accountant’ Job Post Phishing Scam
IN THIS EDITION: Charleston cybersecurity expert LaCour of PhishLabs warns of ‘Work from Home Accountant’ job phishing scam and other social media vulnerabilities … Charleston International Airport now requires [...]
SC News and Tax Roundup: Columbia’s Plan of Business Fees for Nonprofits Would Hit Hospitals Not Churches
IN THIS ISSUE: Columbia City Council’s plan to impose business fees for nonprofits would hit hospitals but not churches. … S.C.’s unemployment rate falls to 3.2% in August, thanks [...]
SC News and Tax Roundup: Hurricane Dorian Evacuations, Closures Said to Cost Charleston $58.6 Million
Hurricane Dorian Evacuations, Closures Said to Cost Charleston $58.6 Million Hurricane Dorian marked five straight years that the Palmetto State’s tourism industry lost business due to storms and flooding, [...]
Week of September 16-20
Advocate As SCACPA monitors the aftermath of Hurricane Dorian, we will provide updates regarding our activities, including working with legislators and FEMA on getting extensions, and those will be found [...]
SC News and Tax Roundup: Who Will Pay for Hurricane Dorian Cleanup?
Hurricane Dorian Damage Assessments are Being Collected to Calculate Cleanup Costs As South Carolina’s coastal residents clear the debris caused by Hurricane Dorian, municipal workers have begun to haul [...]
SC News and Tax Roundup: Waffle House Team Mobilizes with Suppliers to Serve Communities as Dorian Threatens Carolinas
Waffle House Team Mobilizes with Suppliers to Serve Communities as Dorian Threatens Carolinas From a conference room in Waffle House’s Atlanta headquarters, the path of Hurricane Dorian is monitored [...]
SC News and Tax Roundup: SC Housing Report Estimates Economic Impact of Unaffordable Housing is $8.4B
S.C. Housing Report Estimates Economic Impact of State’s Unaffordable Housing is $8.4B The newly released South Carolina State Housing Finance and Development Authority report contains a calculation of the [...]
SC News and Tax Update: USC Economist Von Nessen Sees ‘Decaffeinated Economy’ Ahead
USC Economist Von Nessen Sees Slower Growth, ‘Decaffeinated Economy’ Ahead A strong labor market is one of the main indicators that South Carolina market conditions are remaining stable for [...]
SC News and Tax Roundup: Movie, TV Industries Watch Tug of War for State, Federal Tax Incentives
SC’s Movie, TV Industries Watch Tug of War for State, Federal Tax Incentives The size of any area’s movie and television production industries depends heavily on how much business [...]
SC News and Tax Roundup: Path Continues for Repeal of Tax on Reserved Parking Benefit for Churches, Nonprofits
Path Continues for Repeal of Tax on Reserved Parking Benefit for Churches, Nonprofits A legislative package approved in June by the House Ways and Means Committee means that lawmakers [...]
SC News and Tax Roundup: Sales Tax Holiday Weekend Arrives with Range of Predictions
SC’s Sales Tax Holiday Weekend Arrives with Range of Predictions From Friday through midnight Sunday, South Carolina shoppers will get a break on the state’s 6% sales tax and [...]