SCACPA Login

Tax

SCACPA Federal Tax Update Podcast with Lynn Nichols: Lack of Safe Harbor in Proposed Accounting Regs Chafes Tax Pros

By |2019-10-15T13:27:50-04:00October 15th, 2019|Auditing & Accounting, Business & Industry, Educate, Featured, Governmental, Membership, Regulatory, Tax|

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, [...]

Comments Off on SCACPA Federal Tax Update Podcast with Lynn Nichols: Lack of Safe Harbor in Proposed Accounting Regs Chafes Tax Pros

Are You Registered for Our Biggest and Best Fall Fest Yet?

By |2019-10-15T12:40:52-04:00October 15th, 2019|Auditing & Accounting, Business & Industry, Educate, Featured, Governmental, Membership, Public Relations, Tax|

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. [...]

Comments Off on Are You Registered for Our Biggest and Best Fall Fest Yet?

SCACPA Urges SC House Members to Support ‘Fiscal State of the Nation’ Resolution

By |2019-10-14T15:26:07-04:00October 14th, 2019|Advocate, Auditing & Accounting, Blogs, Business & Industry, Featured, Governmental, Legislative/Advocacy, Tax|

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 [...]

Comments Off on SCACPA Urges SC House Members to Support ‘Fiscal State of the Nation’ Resolution

SCDOR Releases Information Letter on $50 Rebate Checks for Qualifying Taxpayers Mailing by December

By |2019-10-09T11:06:51-04:00October 9th, 2019|Featured, Governmental, Regulatory, Tax|

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 [...]

Comments Off on SCDOR Releases Information Letter on $50 Rebate Checks for Qualifying Taxpayers Mailing by December

View from the Dome: Business License Tax Collection Study Committee Hears from Business Owners About Reform

By |2019-10-07T11:49:58-04:00October 7th, 2019|Advocate, Blogs, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

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 [...]

Comments Off on View from the Dome: Business License Tax Collection Study Committee Hears from Business Owners About Reform

State Tax Issue? Meet the SCDOR’s Taxpayer Advocate at Offices Around the State Later This Year

By |2019-10-02T16:09:19-04:00September 26th, 2019|Advocate, Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

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 [...]

Comments Off on State Tax Issue? Meet the SCDOR’s Taxpayer Advocate at Offices Around the State Later This Year

BOA Votes for License Fee Increases for 2021

By |2019-09-26T12:53:58-04:00September 25th, 2019|Advocate, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

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 [...]

Comments Off on BOA Votes for License Fee Increases for 2021

SCDOR Releases Two Revenue Rulings on Sales to Government Employees and Phone Bill Charges

By |2019-09-20T16:06:27-04:00September 20th, 2019|Auditing & Accounting, Business & Industry, Communicate, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax, Technology|

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 [...]

Comments Off on SCDOR Releases Two Revenue Rulings on Sales to Government Employees and Phone Bill Charges

SCDOR Releases its Tax Legislative Update for 2019

By |2019-09-11T11:19:04-04:00September 11th, 2019|Advocate, Blogs, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

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 [...]

Comments Off on SCDOR Releases its Tax Legislative Update for 2019

Dorian’s Threat is Gone, but Keep in Mind These Steps About Future Tax Deadline Extensions

By |2019-09-10T10:17:53-04:00September 10th, 2019|Auditing & Accounting, Blogs, Business & Industry, Communicate, Featured, Governmental, Legislative/Advocacy, Public Relations, Regulatory, Tax, Technology|

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 [...]

Comments Off on Dorian’s Threat is Gone, but Keep in Mind These Steps About Future Tax Deadline Extensions

Tax Preparedness Steps in Advance of a Hurricane or Other Disaster

By |2019-09-10T10:10:26-04:00September 10th, 2019|Blogs, Communicate, Legislative/Advocacy, Public Relations, Regulatory, Tax, Technology|

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 [...]

Comments Off on Tax Preparedness Steps in Advance of a Hurricane or Other Disaster

Chamber of Commerce Poll: 71% of SC Registered Voters Want Simpler Tax Code

By |2019-09-04T11:05:37-04:00September 4th, 2019|Advocate, Blogs, Legislative/Advocacy, Tax|

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, [...]

Comments Off on Chamber of Commerce Poll: 71% of SC Registered Voters Want Simpler Tax Code

Here’s Why You Need Six Hours of Ethics Classes This November 

By |2019-08-27T12:35:27-04:00August 23rd, 2019|Auditing & Accounting, Business & Industry, Educate, Featured, Membership, Regulatory, Tax, Technology|

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 [...]

Comments Off on Here’s Why You Need Six Hours of Ethics Classes This November 

Meet the CPE Committee of 16, Creating ‘Just in Time’ Education by CPAs, for CPAs

By |2019-08-20T10:22:43-04:00August 19th, 2019|Auditing & Accounting, Business & Industry, Educate, Featured, Legislative/Advocacy, Public Relations, Regulatory, Tax, Technology|

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 [...]

Comments Off on Meet the CPE Committee of 16, Creating ‘Just in Time’ Education by CPAs, for CPAs

If You Need Exceptional Tax Knowledge, Here’s Why SCACPA Tax CPE is For You

By |2019-07-24T13:36:01-04:00July 23rd, 2019|Blogs, Current Assets Parent, Educate, Featured, July 25, 2019, Membership Page Controls, Tax|

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 [...]

Comments Off on If You Need Exceptional Tax Knowledge, Here’s Why SCACPA Tax CPE is For You

The South Carolina Tax Team Challenges You to a Friday of Advanced Tax Planning for Businesses on July 12 in Charleston

By |2019-07-10T14:46:44-04:00June 26th, 2019|Blogs, Communicate, Educate, Featured, Membership Page Controls, Tax|

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, [...]

Reactions to IRS Charitable Contributions Final Ruling: Here’s How Exceptional SC Executive Director Says Adjustments Are Still a Possibility

By |2019-06-21T15:09:11-04:00June 21st, 2019|Blogs, Communicate, Featured, Governmental, Membership Page Controls, Public Relations, Tax|

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.   [...]

Lynn Nichols Sorts Through SALT Impacts on IRS’s Charitable Contributions Final Ruling

By |2019-06-21T15:08:11-04:00June 21st, 2019|Blogs, Educate, Featured, Governmental, Membership Page Controls, Tax|

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 [...]

IRS Promotes its Tax Withholding Calculator for Your Paycheck Checkup

By |2019-06-12T09:57:27-04:00June 12th, 2019|Blogs, Communicate, Featured, Membership Page Controls, Tax|

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 [...]

Public Draft is Open for Comments Until June 19 for August’s Sales Tax Holiday Weekend

By |2019-06-11T12:33:19-04:00June 11th, 2019|Blogs, Communicate, Featured, Membership Page Controls, News Roundup, Tax|

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 [...]