SCACPA’s tax courses offer specific information for a variety of specialty topics designed to allow SCACPA members to customize their training to their practice requirements. Consider these points when [...]
The time is NOW to help your business clients with tax strategies for 2020! Most strategies for reducing federal income tax liabilities require analysis, fact gathering, comparisons of alternatives, [...]
On June 11, the IRS published Treasury Decision 9864, which finalizes proposed regulations designed to clarify the relationship between state and local tax credits and federal tax rules for charitable contribution deductions. [...]
Note: SCACPA federal tax expert E. Lynn Nichols has looked closely at June 11’s Treasury Decision 9864, which finalizes proposed regulations designed to clarify the relationship between state and [...]
The IRS is urging taxpayers to review their 2019 tax withholding using the IRS Withholding Calculator and make any changes with their employer as soon as possible. Checking withholding is a good idea every [...]
As South Carolina consumers and retailers prepare for August’s annual Sales Tax Holiday, the state Department of Revenue has submitted a Public Draft for comment that features a list of eligible items and [...]
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 [...]
Proposed Accounting Standards Update – Income Taxes (740): Simplifying the Accounting for Income Taxes https://www.youtube.com/watch?v=_c1nWiM4iuM&list=PLBdVSCKuftJi5iumCKAwHFi0HDcpOBDmj&index=3 As part of its Simplification Initiative, FASB has issued an Exposure Draft proposing changes to ASC [...]
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 – 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 [...]
In just one week, CPAs from across the state and beyond will gather together in Charleston, S.C., for an event that will be long-remembered: SCACPA’s Spring Splash 2019. As a [...]
The South Carolina House Tax Policy Review Committee introduced its sales tax proposal on Thursday, May 2. It was read for the first time and referred to the Ways [...]
Imagine a place where you have the opportunity to network with over 200 of your peers—peers who can help provide a fresh perspective to your industry and who can [...]
As a CPA, you know a lot. But, in today’s changing environment, there are a lot of subjects where you probably have a fair share of questions. That’s why [...]
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 – 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 [...]
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 [...]
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 [...]
The SC Department of Revenue has issued an advisory opinion to inform taxpayers that a proposed Treasury Regulation might have an impact on South Carolina taxpayers’ charitable contribution deductions [...]
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 [...]
