Tax

Lynn Nichols Federal Tax Update (June 1, 2021): When Do I Have Income? An Old Question with New Twists, Among Several Topics

By |2021-06-07T09:42:13-04:00June 2nd, 2021|Educate, Governmental, Tax|

Spring Splash Reminder! SCACPA is offering more than 60 hours of livestream learning in May and June. There’s still time to register for Lynn Nichols’ informative livestream Tax sessions: Net Operating Losses [...]

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SCDOR Guidance: How to Amend a State Tax Return to Exclude Unemployment Benefits

By |2021-06-01T12:57:23-04:00June 1st, 2021|Communicate, COVID-19, Featured, Governmental, Public Relations, Regulatory, Tax|

South Carolina recipients of unemployment compensation are allowed to exclude from state taxes up to $10,200 of benefits they received in 2020, thanks to Gov. Henry McMaster signing into law [...]

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Lynn Nichols Federal Tax Update (May 24, 2021): Refunds of Tax On Unemployment Comp Set to Begin

By |2021-06-02T13:27:39-04:00May 26th, 2021|Educate, Tax|

Spring Splash Reminder! SCACPA is offering more than 60 hours of livestream learning in May and June. There’s still time to register for Lynn Nichols’ informative livestream Tax sessions: Net Operating Losses [...]

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IRS Message on Shift in Procedure: Collection Delinquency Resolutions Will Now be Exclusively Handled by SB/SE’s Automated Collection System

By |2021-06-04T12:44:14-04:00May 26th, 2021|Communicate, Tax|

The IRS Wage & Investment Division would like to address ongoing questions about certain Practitioner Priority Service line services. PPS assistors will continue to work with Forms 2848/8821/8655 representatives [...]

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View From the Dome (May 21, 2021): General Fund Revenues are $412M Above Expected Collections, Per BEA Report

By |2021-05-28T17:33:32-04:00May 21st, 2021|Advocate, COVID-19, Governmental, Legislative/Advocacy, Tax|

As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the 124th Legislative Session, prepared in cooperation [...]

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Lynn Nichols Federal Tax Update (May 17, 2021): LLC Members to be Audited for SE Tax, and 4 Other Topics

By |2021-05-24T12:24:35-04:00May 18th, 2021|Educate, Tax, Uncategorized|

Spring Splash Reminder! SCACPA is offering more than 60 hours of livestream learning in May and June. There’s still time to register for Lynn Nichols’ informative livestream Tax sessions: [...]

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View From the Dome (May 14, 2021): Conformity Bill Awaits Gov.’s Signature; Decouples with 10 Federal Provisions, Exempts $10,200 of Unemployment Payments

By |2021-05-24T12:15:46-04:00May 14th, 2021|Advocate, COVID-19, Governmental, Legislative/Advocacy, Regulatory, Tax|

As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the 124th Legislative Session, prepared in [...]

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Dues Renewal Season is Here, And These Are Reminders About Using Your 40-Hour CPE Bank

By |2021-05-10T15:12:53-04:00May 10th, 2021|Auditing & Accounting, Blogs, Business & Industry, Connect, Membership, Membership Page Controls, Public Relations, Tax, Why CPA|

Dues renewal time is almost here for SCACPA's 2021-22 membership year! The All-Inclusive Membership annual dues at the Fellow level remains at $799. We always take into account feedback [...]

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Want to Maximize the Value of Your CPE Bank? Here’s How with Our Livestream Spring Splash Courses in June

By |2021-05-26T19:44:36-04:00May 9th, 2021|Auditing & Accounting, Business & Industry, COVID-19, Educate, Featured, Governmental, Membership, Public Relations, Regulatory, Tax, Technology|

Have you ever attended an educational conference and found that so many of the sessions you want to attend happen at the same time? This May and June, SCACPA [...]

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View From the Dome (May 7, 2021): Tax Conformity Bill Reaches Calendar for Senate Readings

By |2021-05-14T12:54:07-04:00May 7th, 2021|Advocate, COVID-19, Governmental, Legislative/Advocacy, Regulatory, Tax|

As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the 124th Legislative Session, prepared in [...]

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Surgent’s On-Demand Self-Study Offers SCACPA Members the Specific CPE You Need With More than 230 Courses

By |2021-05-17T10:17:32-04:00May 2nd, 2021|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Membership, Partners, Public Relations, Regulatory, Tax, Technology|

SCACPA is excited to continue partnering with Surgent CPE for on-demand self-study in the 2020-21 membership year. Association members can depend on this incredible opportunity to get specialized knowledge [...]

View From the Dome (April 30, 2021): With Two Weeks Left in Legislative Session, Here are 10 Tax Bills About to be Considered by the Full SC House Ways and Means Committee

By |2021-05-07T13:20:24-04:00April 30th, 2021|Advocate, Auditing & Accounting, Business & Industry, COVID-19, Governmental, Legislative/Advocacy, Regulatory, Tax|

As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the 124th Legislative Session, prepared in [...]

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Lynn Nichols Federal Tax Update (April 26, 2021): IRS Announces Tax Credits for Covid Vaccination Paid Leave, and Other Topics

By |2021-05-03T13:24:30-04:00April 26th, 2021|COVID-19, Educate, Tax|

Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]

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View From the Dome (April 23, 2021): House is Signaling its Approval of Senate’s COVID-19 Liability Safe Harbor Act

By |2021-04-30T13:07:33-04:00April 23rd, 2021|Advocate, COVID-19, Legislative/Advocacy, Regulatory, Tax|

As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the legislative session, prepared in cooperation [...]

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Lynn Nichols Federal Tax Update (April 19, 2021): Important Excess Advance Payment News for Return Preparers, Among 8 Topics 

By |2021-04-26T13:57:27-04:00April 21st, 2021|Regulatory, Tax|

Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]

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View From the Dome (April 16, 2021): Crossover Deadline Passes, Senate Finance Committee Starts Draft of New $31B State Budget

By |2021-04-23T13:55:12-04:00April 16th, 2021|Advocate, COVID-19, Governmental, Legislative/Advocacy, Regulatory, Tax|

As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the legislative session, prepared in cooperation [...]

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Lynn Nichols Federal Tax Update (April 12, 2021): More Guidance on Employee Retention Credit, Among 8 Topics 

By |2021-04-20T17:54:13-04:00April 13th, 2021|COVID-19, Educate, Regulatory, Tax|

Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]

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View From the Dome (April 9, 2021): Conformity Moves Through House, with Tax Break for $10,000 in Unemployment Benefits

By |2021-04-16T16:17:27-04:00April 12th, 2021|Advocate, Governmental, Legislative/Advocacy, Tax|

As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the legislative session, prepared in cooperation [...]

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View From the Dome (April 2, 2021): Senate Approves Bill Concerning Attorney’s Fees Connected to DOR Actions

By |2021-04-12T09:56:31-04:00April 2nd, 2021|Advocate, COVID-19, Governmental, Legislative/Advocacy, Regulatory, Tax|

As part of SCACPA’s dedication to Advocacy on behalf of the CPA Profession, here is your weekly update of actions being taken during the legislative session, prepared in cooperation [...]

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SCDOR’s March 31 Information Letter Addresses Taxability of Unemployment Benefits in South Carolina

By |2021-04-02T11:04:09-04:00April 2nd, 2021|Communicate, COVID-19, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

The South Carolina Department of Revenue has issued guidance to draw attention to the situation that, as of this posting, unemployment benefits are taxable in South Carolina. The SC [...]

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Lynn Nichols Federal Tax Update (March 29, 2021): American Rescue Plan Act Provisions Affecting 2020 Income Tax Returns

By |2021-04-16T16:19:07-04:00March 29th, 2021|COVID-19, Educate, Governmental, Regulatory, Tax|

Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]

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