View from the Dome – March 15, 2019 By Copper Dome Strategies, LLC There were no meetings scheduled in the House this week as they debated and passed the [...]
The South Carolina Department of Revenue has released Information Letter 19-8, a 2-page advisory opinion regarding waiving federal penalties for underpayments of estimated taxes by certain farmers and fishermen. In [...]
The South Carolina Department of Revenue has released Information Letter 19-7, a 13-page advisory opinion that summarizes South Carolina conformity with Internal Revenue Code sections affecting individual taxpayers through Feb. [...]
March 14, 2019 There have been many questions about the hosting standard that was supposed to be effective in 2018 but was delayed until July 1, 2019. At last, [...]
The pace of change has never been this fast, yet it will never be this slow again. With your support, SCACPA successfully navigated the change to the new All-Inclusive [...]
The full Senate Finance Committee gave a favorable report on H.3985 (Reps. Lucas, G. M. Smith and Stavrinakis), the annual tax Conformity legislation, on Tuesday, March 12. UPDATE: The Conformity [...]
View from the Dome – March 8, 2019 By Copper Dome Strategies, LLC The Senate Finance Sales and Income Tax Subcommittee approved the annual tax conformity legislation. The South Carolina [...]
The South Carolina House Tax Policy Review Committee voted to adopt a plan to lower the state’s income tax from 7% to 4.5% over a five-year period. The plan would [...]
Don’t miss this extraordinary opportunity to promote the Profession and promote yourself! We are asking for CPAs to serve on an-air tax season phone bank on Thursday, March 14, on [...]
View from the Dome – March 1, 2019 By Copper Dome Strategies, LLC The debate over comprehensive education reform continued in both bodies. The Chief Justice of the State Supreme [...]
A Tax Conformity Bill sponsored by House Speaker Jay Lucas (R-Darlington), House Ways and Means Committee Chairman G. Murrell Smith Jr. (R-Sumter) and Leon Stavrinakis (D-Charleston) was introduced on Thursday, [...]
The ever-changing landscape of tax and audit means it helps to rely on guidance from trusted voices. The South Carolina Association of CPAs is proud to offer as a [...]
No CPA is looking forward to the long hours and deadline pressure of Tax Season. The ability to recharge and refresh is at a premium. And while there are plenty [...]
View from the Dome – Feb. 22, 2019 By Copper Dome Strategies, LLC Six weeks have been completed and 12 weeks remain in the first year of the two-year legislative [...]
Committee Chairman Tommy Pope (R-York) began Thursday’s meeting of the South Carolina Tax Policy Review Committee by telling members his goal is find consensus to send a “working template” to [...]
View from the Dome – Feb. 15, 2019 By Copper Dome Strategies, LLC The debate over comprehensive education reform continued in both [...]
By John E. Sircy, CPA, CMA, CFM, CSCA | SCACPA Member Since 2012 The Industry Partnership Fund represents an excellent option for your clients to support South Carolina’s innovation [...]
The South Carolina Association of CPAs would like to announce some updates and adjustments to the Peer Review process available to members. Since 2016, SCACPA has outsourced the administration [...]
INSIDE Public Accounting, the accounting profession’s benchmarking specialist, is offering a new tool to help partners better understand your firm’s culture – and how to improve it. IPA’s first Excellence [...]
The IRS receives more phone calls on the day after Presidents Day than on any other day of the year. “Given the high call volumes at this time of the [...]
