The South Carolina Department of Revenue has released a 13-page advisory opinion in connection with Act No. 83, enacted May 22, 2019, which substantially increased the job tax credit amount [...]
The South Carolina Department of Revenue has released an 18-page advisory opinion to update the Department of Revenue’s internal appeals process for tax matters. The primary change is to [...]
Earlier in 2019, SCACPA launched an important survey to help us grow our advocacy programs and advance our positions on the issues that impact South Carolina CPAs. Members from [...]
The South Carolina Department of Revenue is changing the process for amending South Carolina Individual Income Tax Returns in 2020. Beginning with tax year 2019, you will use the SC1040 [...]
The South Carolina Department of Revenue will implement an online state tax lien registry on Nov. 1. State lawmakers called for the implementation of this registry after passage of [...]
SCACPA members who know they can depend on the Association for all-around CPE excellence now have an incredible opportunity to get specialized knowledge for their precise career needs. The [...]
Get your clients ready for tax season with these year-end tax planning strategies. Make the most of recent tax law changes, such as the new deduction for qualified business income, [...]
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols, CPA. This is presented as a member benefit by the South Carolina Association of CPAs. The commentary is brief, [...]
Last year’s inaugural Fall Fest was the biggest event in SCACPA history, and we’re ready for this year’s event at the Columbia Metropolitan Convention Center to be even bigger. [...]
The U.S. government’s balance sheet indicates that, over time, the nation has an accumulated deficit (from annual shortfalls as of Sept. 30, 2018) of $21.5 trillion. To put that [...]
Thanks to the $61 million in tax dollars generated by the winning $1.5 billion 2018 Mega Millions ticket, South Carolina lawmakers determined the funds would go toward $50 rebate [...]
By Copper Dome Strategies Friday, Oct. 4, 2019 In this edition: The Business License Tax Collection Study Committee met on Thursday, Oct. 3. Legislators will have more money to [...]
Those who need help resolving state tax issues can visit the SC Department of Revenue’s Taxpayer Advocate across the state beginning in October. The Advocate, who is based in [...]
The South Carolina Board of Accountancy voted its approval to raise annual license fees starting for 2021 during a Special Called Meeting on Tuesday, Sept. 24. The vote came [...]
The South Carolina Department of Revenue has issued a pair of approved advisory opinions based on public drafts that were released in August. The first informs retailers that federal government [...]
What were the critical changes in South Carolina’s tax and regulatory laws enacted during the past legislative session? The state’s Department of Revenue has prepared a summary of these [...]
Now that South Carolina has finished enduring the immediate threat of Hurricane Dorian, many SCACPA members are contacting the Association in search of news about possible state and federal tax [...]
The South Carolina Association of CPAs wants our members to be aware that we monitor news and weather forecasts for projected hurricanes and other natural disasters for their possible effects [...]
Tax reform has broad popularity with South Carolina registered voters, and respondents to a statewide poll conducted in August are soundly in favor of adjustments to the state tax code, [...]
SCACPA is presenting a day of six total hours of ethics training on Tuesday, Nov. 26. With “Tax Practice Ethics,” you’ll avoid the headache of big mistakes discovered in IRS audits. That will [...]
