SCACPA Login

Regulatory

Galasso A&A Video Blog: New State and Local Ethics Interpretations

By |2019-07-10T14:41:51-04:00July 10th, 2019|Auditing & Accounting, Blogs, Communicate, Educate, Featured, Membership Page Controls, Regulatory|

https://www.youtube.com/watch?v=Sg_AfW2qEUk The AICPA has issued a new interpretation related to the ethics code for state and local governments. This interpretation helps identify the entities related to a state [...]

View from the Dome: A Full Recap of the 2019 Legislative Session, With Tax Reform Proposals on the Way

By |2019-06-07T14:02:02-04:00June 7th, 2019|Advocate, Blogs, Communicate, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, News Roundup, Public Relations, Regulatory|

View from the Dome – June 7, 2019 By Copper Dome Strategies, LLC  The first session of the 123rd General Assembly adjourned Sine Die on May 10, but the General Assembly returned [...]

Galasso A&A Video Blog: Subscription-Based Information Technology Arrangements

By |2019-06-05T10:41:56-04:00June 5th, 2019|Auditing & Accounting, Blogs, Educate, Featured, Membership Page Controls, Partners, Regulatory|

https://www.youtube.com/watch?v=RVugiIBId64 This blog addresses a new exposure draft issued by GASB relating to accounting and financial reporting for subscription-based information technology arrangements (SBITAs). Cloud computing arrangements and other hosting type [...]

View from the Dome: McMaster Vetoes State Budget Items Totaling $40.7M

By |2019-05-31T13:48:35-04:00May 31st, 2019|Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

View from the Dome – May 31, 2019 By Copper Dome Strategies, LLC Although the General Assembly has adjourned for the year (see the May 24 edition of View from the [...]

View from the Dome: General Assembly’s Extra Days Resolve Differences on State Budget, Carolina Panthers HQ Tax Incentives

By |2019-05-24T16:16:01-04:00May 24th, 2019|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

View from the Dome – May 24, 2019 By Copper Dome Strategies, LLC The General Assembly returned to Columbia this past Monday and Tuesday to complete unfinished business, including passage of [...]

View from the Dome: Legislation on Board of Accountancy Takes Effect Immediately

By |2019-05-17T14:14:39-04:00May 17th, 2019|Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

View from the Dome – May 17, 2019 By Copper Dome Strategies, LLC Although the General Assembly adjourned Sine Die on May 9, a Joint Resolution to allow work to continue past the [...]

Melisa Galasso Auditing Blog: Definition of Direct Care of Collection Items

By |2019-05-10T10:37:14-04:00May 10th, 2019|Auditing & Accounting, Blogs, Educate, Featured, Membership Page Controls, Partners, Regulatory|

https://www.youtube.com/watch?v=NKVUS0CLVfM   In March 2019, the FASB issued an Accounting Standards Update (ASU) changing the definition of a collection to allow proceeds of a sale of a collection item to be [...]

View from the Dome: Board of Accountancy Bill for Revised Reciprocity Advances to Senate

By |2019-04-29T12:17:58-04:00April 29th, 2019|Auditing & Accounting, Blogs, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

View from the Dome – April 26, 2019 By Copper Dome Strategies, LLC The Senate spent the week in subcommittee and committee meetings in the morning and debated the [...]

View from the Dome: Income Tax Reduction Bill Falls Short of Crossover Deadline

By |2019-04-19T16:47:38-04:00April 19th, 2019|Business & Industry, Governmental, Legislative/Advocacy, Regulatory, Tax|

View from the Dome – April 19, 2019 By Copper Dome Strategies, LLC The Senate passed its version of the state budget Thursday night after two days of debate. The [...]

SCACPA Advocacy Helps Cut Through Your Regulatory Red Tape

By |2019-04-25T09:18:11-04:00April 15th, 2019|Advocate, Blogs, Featured, Governmental, Legislative/Advocacy, Membership, Membership Page Controls, Public Relations, Regulatory|

SCACPA knows you work hard to operate your business the right way. But the odds are good that someday – through no fault of your own – you will [...]

View from the Dome: Chambers Complete Flurry of Readings for Crossover Deadline

By |2019-04-12T12:37:45-04:00April 12th, 2019|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

View from the Dome – April 12, 2019 By Copper Dome Strategies, LLC Both chambers spent considerable time on the floor amid efforts to move bills to the other chamber [...]

Last-Minute Tax Roundup: Tips Among IRS Online Resources and Other Headlines

By |2019-04-10T19:08:33-04:00April 10th, 2019|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

With a few days remaining before the 2019 federal tax-filing deadline, demand for IRS tax help by phone is peaking. The IRS encourages taxpayers to make IRS.gov their first [...]

View from the Dome: Senate to Consider BOA Bill that Expands Eligibility for Reciprocity

By |2019-04-08T15:42:05-04:00April 5th, 2019|Advocate, Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory, Tax|

View from the Dome – April 5, 2019 By Copper Dome Strategies, LLC Both chambers worked their calendars to get as many bills in position to meet next week's [...]

Senate Considers Bill to Amend BOA Laws for Reciprocity, Open Hearings

By |2019-04-25T13:39:29-04:00April 3rd, 2019|Blogs, Featured, Governmental, Legislative/Advocacy, Regulatory|

REAL-TIME UPDATE (April 24, 2019): SCACPA CEO Chris Jenkins spoke to legislators on Tuesday in support of the Board of Accountancy bill and to answer any questions they might [...]

View from the Dome: Tax Conformity Bill Becomes Law; Move to Sell Santee Cooper Gains Momentum

By |2019-04-05T16:02:23-04:00March 29th, 2019|Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

View from the Dome – March 29, 2019 By Copper Dome Strategies, LLC The session is two-thirds completed (12 weeks down and 6 weeks remaining until the May 9 adjournment). [...]

These Four SC Counties Will Have Local Sales Tax Changes Go Into Effect May 1

By |2019-04-08T15:42:28-04:00March 29th, 2019|Advocate, Auditing & Accounting, Business & Industry, Governmental, Membership Page Controls, Regulatory, Tax|

The South Carolina Department of Revenue has issued a reminder that the following local tax changes go into effect May 1: Georgetown (County Code 1022) Local Tax Change: 1% [...]

Gov. McMaster Signs Conformity, Tax Lien Bills

By |2019-04-08T15:43:02-04:00March 29th, 2019|Advocate, Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Membership Page Controls, Regulatory, Tax|

Gov. Henry McMaster signed South Carolina’s annual tax Conformity legislation into law on Thursday, March 28. H.3985 (Reps. Lucas, G. M. Smith and Stavrinakis) had been ratified by the [...]

How to Apply IRC Section 199A? Joint Committee on Taxation has Prepared a Guide

By |2019-04-08T16:03:14-04:00March 22nd, 2019|Auditing & Accounting, Business & Industry, Educate, Governmental, Legislative/Advocacy, Membership Page Controls, Public Relations, Regulatory, Tax|

The U.S. Congress Joint Committee on Taxation has published a 32-page “Overview of Deduction for Qualified Business Income: Section 199A.” “The document appears to be a .PDF of 32 [...]

View from the Dome: House Tax Policy Review Committee Set to Discuss Taxes on Services; Bidding Process Explored for Santee Cooper Utility

By |2019-03-22T13:45:11-04:00March 22nd, 2019|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

View from the Dome – March 22, 2019 By Copper Dome Strategies, LLC There was action on several major legislative initiatives, including education reform, medical marijuana, an update to the [...]

Supply-Side Economics Guru Laffer Urges SC House Tax Policy Review Committee to Flatten Outdated Tax Structure

By |2019-03-21T18:10:43-04:00March 21st, 2019|Governmental, Legislative/Advocacy, Regulatory, Tax|

The SC House Tax Policy Review Committee on Thursday heard from Gov. Henry McMaster, who applauded the committee for its work and then introduced special guest speaker economist Dr. Art [...]