South Carolina’s journey toward reaching Tax Conformity is on hold until the legislature meets again to considered it under Legislation Awaiting Final Action. The Sine Die Resolution allows the legislature [...]
AICPA has held recent conversations that point to resources CPAs can use on how to remain relevant as the marketplace for tax compliance services is becoming commoditized by advances in [...]
As Thousands of Technical Jobs go Unfilled, Leaders Debate Ways to Strengthen Workforce With the state’s 4.4% unemployment rate at a near two-decade low, thousands of new residents moving in [...]
The Supreme Court struck down the 1992 Professional and Amateur Sports Protection Act that prohibited states from authorizing sports gambling by a 6-3 vote on Monday, May 14. It clears [...]
The "South Carolina Taxpayer Protection and Relief Act,” the Senate version of tax Conformity (S. 1258), was introduced by Senate President Pro Tem and Finance Committee Chairman Hugh Leatherman (R-Florence) on [...]
With the hours ticking away before the end of the legislative session, the S.C. Senate introduced a bill for Tax Conformity on Thursday, May 10. The “South Carolina Taxpayer Protection [...]
The IRS introduced an online tool that provides faster, easier access to public information about charities and exempt organizations. Tax Exempt Organization Search replaces EO Select Check, which has been [...]
As New President of U.S. Mayors, Benjamin Can Raise Profile of Columbia Columbia's Steve Benjamin has been sworn in as president of the U.S. Conference of Mayors, where he will [...]
South Carolina’s legislative session is set to adjourn on Thursday, May 10, and the fate of a Tax Conformity bill remains in serious question. Cindi Ross Scoppe, the Associate Editor [...]
Three legislative days remain in this session, and a bill that would grant Tax Conformity for South Carolina to the Federal code is on its way to the Senate for [...]
Want to Start a Small Business? Charleston is America’s Worst Place to Do That, Study Says RewardExpert, a travel and credit card rewards tracking firm, wanted to find the best [...]
In recognition of National Small Business Week (April 29-May 5), the IRS is highlighting its resources that help small business owners and the self-employed understand and meet their tax obligations, [...]
A group of House lawmakers introduced a Tax Conformity bill on Tuesday, May 1, 2018, that updates South Carolina to the Federal tax code through Feb. 9, 2018. H. 5341 [...]
With days running out before this S.C. legislative session adjourns, S.C. Gov. Henry McMaster sent a letter that asks the General Assembly to address the issue of Conformity to the [...]
With six legislative days remaining in this session, it appears South Carolina’s passage of a Conformity bill will be included in a sine die resolution. While the language for the [...]
With recent tax law changes and continued cybersecurity threats facing the tax community, the IRS is encouraging tax professionals to sign up for this summer’s Nationwide Tax Forums. Each of [...]
The IRS warned of a new twist on an old phone scam as criminals use telephone numbers that mimic IRS Taxpayer Assistance Centers to trick taxpayers into paying non-existent tax [...]
A bipartisan group of House Ways and Means Committee lawmakers have given the IRS a deadline of May 4 to answer questions related to the April 17 technical glitches that [...]
As the deadline nears for first quarter unemployment wage filings and payments, the S.C. Department of Employment and Workforce understands that many businesses may have lost a day of preparation [...]
The South Carolina Association of CPAs was one of the multiple entities that presented testimony about tax Conformity bill H. 5162 to the Income Tax Subcommittee of the House Ways [...]
