Firms Can Gain an Edge as “Dot CPA” URL Application Deadline of Oct. 31 Nears
The future of online security and trust for the CPA profession is arriving with the rollout of the domain of .cpa. As the Oct. 31 deadline approaches for firms [...]
What Does a Road to Recovery Look Like? Here are Ideas for CPAs
After you let clients know that you’re still operating, nurture the knowns before venturing into the unkowns By Steven K. Howell, CPA, CFP, MBA | SCACPA Member Since 2018 [...]
The “Accountable” Podcast for CFOs: Cultivating Team Productivity From a Distance
Join host David R. Peters, CPA, MST, for another installment of “Accountable,” the podcast for CFOs, by CFOs. Remote Manager David Phillips offers advice on conducting business from afar. [...]
With South Carolina Businesses in Their Time of Need, Here is an Opportunity for CPAs to Volunteer
A just-in-time way for you to contribute your time and expertise for October Month of Service After seeing so many months of hardship around us, SCACPA is excited about [...]
SCACPA Chapters are Already Making a $7,200 Difference with Month of Service. Let’s Keep the Contributions Rolling!
We hope you’ve heard that this year’s CPA Month of Service is devoted to partnering with food banks and pantries throughout South Carolina. Be on the lookout for email [...]
Lynn Nichols Federal Tax Update (Oct. 19, 2020): Estate Litigators Look to Cement Support for ‘Tax Affecting’
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]
Bauknight, Pietras & Stormer is Named Nation’s Top Tax Advisory Firm to the Captive Insurance Industry
South Carolina-based CPA firm Bauknight, Pietras & Stormer, P.A., was recognized as the Top Tax Advisory Firm in the United States for the captive insurance industry by Captive Review [...]
Meet the CPE Committee of 16, Creating ‘Just in Time’ Education by CPAs, for CPAs
The CPE Committee of 16 is essential in ensuring that SCACPA provides the continuing education that members want. The team is responsible for defining, documenting and identifying sessions and [...]
HOW I WORK: Tim Lyons, CPA, CGMA, of Mauldin & Jenkins: “Be All About the Process”
Tim Lyons, CPA, CGMA Member since 2006 Current gig: Columbia Office Lead for Mauldin & Jenkins; Technical Lead for State/Local Government Practice Current mobile devices: Apple iPhone One word that describes [...]
View From the Dome: Board of Economic Advisors Finds SC Economy is Rebounding Faster than Expected
By Copper Dome Strategies Friday, Oct. 16, 2020 With no plans for the General Assembly to return to Columbia, this will be the final weekly report until after November’s [...]
Small Businesses, Nonprofits Have Two-Week Window to Apply for SC CARES Pandemic Relief Grant Programs, With Awards up to $25,000
Applications are due by Sunday, Nov. 1 The SC Department of Administration announced a $40 million grant program for small businesses for revenue loss due to COVID-19. The window [...]
Tell Your Clients SCDOR Encourages Taxpayers to Choose Direct Deposit for Refunds
Save time. Save tax dollars. Go direct. Encourage your customers to choose direct deposit. A message from the South Carolina Department of Revenue The fastest, most secure Individual Income Tax [...]
Lynn Nichols Federal Tax Update (Oct. 12, 2020): Ineffective S Corp Election
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]
Contribute to This Year’s Extraordinary October Month of Service as We Help Feed Carolina
Extraordinary times call for an exceptional response, and SCACPA knows our members are up to the challenge. October is CPA Month of Service, and your Chapter leaders are asking [...]
The “Accountable” Podcast for CFOs: Building a Risk Management Program From the Ground Up
Join host David R. Peters, CPA, MST, for another installment of “Accountable,” the podcast for CFOs, by CFOs. Most startup owners don't think about insurance until it's too late. [...]
Businesses Have New Option with SCDOR’s Consolidated Sales Tax Return
The South Carolina Department of Revenue announced a new Sales Tax filing option for businesses with multiple locations – the Consolidated Sales Tax Return. The Consolidated Sales Tax Return [...]
SCACPA Advocacy Scores Conformity Among Three Important Wins at State House
When the Senate passed bill S.545 during special session on Tuesday, Sept. 22, it represented three wins for the SCACPA Advocacy Team over this incredibly difficult year. The bill [...]
The “Accountable” Podcast for CFOs: The Value of Volunteering (and now on YouTube!)
Join host David R. Peters, CPA, MST, for another installment of “Accountable,” the podcast for CFOs, by CFOs. Today, Dave talks with Junior Achievement’s Cynthia Pantaleo about volunteering. Through [...]
View From the Dome: General Assembly Adopts Tax Conformity Legislation, Awaits Governor’s Signature
By Copper Dome Strategies Friday, Sept. 25, 2020 The General Assembly completed a special two-week legislative session and does not have plans to return until January. In addition to [...]
Galasso Learning Solutions: Topic 606 – Franchisor Practical Expedient
If you thought we were done with Revenue Recognition and Topic 606, you would definitely be surprised to hear that the Financial Accounting Standards Board (FASB) issued an exposure [...]
Lynn Nichols Federal Tax Update (Sept. 21, 2020): NOL Carrybacks – Back From the Dead
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]
Bauknight Pietras & Stormer Named as 2020 Best of the Best Firm by INSIDE Public Accounting
Bauknight Pietras & Stormer, P.A. has been recognized by INSIDE Public Accounting as one of America’s 50 Best of the Best public accounting firms for 2020. BPS was also [...]
Lynn Nichols Federal Tax Update (Sept. 14, 2020): Couple’s Tax Debt from Lavish Lifestyle was not Dischargeable
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]
SCACPA Commends BOA for Addressing Modification of Livestream CPE Rules and Hardship Requests
UPDATE: The South Carolina Board of Accountancy has released its announcement on this development. It is re-printed at the bottom of this post. The BOA's announcement includes a reminder [...]
View From the Dome: Senate Finance Committee Passes Version of FY20-21 Budget, OKs $420M from CARES Act for Unemployment Insurance Trust Fund
By Copper Dome Strategies Friday, Sept. 11, 2020 The Senate Finance Committee passed its version of the FY20-21 state budget and authorization for the remaining CARES Act funds. The [...]
Galasso Learning Solutions: Virtual Currency – New Practice Aid
Cryptocurrency is becoming a more recognized transaction with more entities participating in this ecosystem. The AICPA has issued nonauthoritative guidance on accounting and auditing digital assets. FASB does not [...]
Lynn Nichols Federal Tax Update (Sept. 7, 2020): IRS Issues Payroll Tax Deferral Guidance
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]
Introducing Your New-Look Current Assets E-Newsletter, Tailored to Your Interests
With Communications as one of our Five Pillars of membership, SCACPA is dedicated to bringing you a comprehensive news package that cuts through the clutter of your inbox. That’s [...]
SCACPA Joins AICPA, COST in Urging Congressional Support for State Tax Filing Relief for Remote Workers
SCACPA has joined more than 120 employers and organizations across the nation in signing a letter to Congressional leaders urging them to support state tax filing and withholding relief [...]
SCACPA Mourns the Passing of Past President Austin M. Sheheen Jr., Age 85
SCACPA mourns the passing of Austin Moses Sheheen Jr., CPA, of Camden, who died on Saturday, Aug. 29 at age 85. He was born Sept. 11, 1934, to Austin [...]