SC Tax Update (SMTX43/19)

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Event Description

Gain information you cannot get anywhere else. This seminar provides an in-depth look at a selection of important topics specific to South Carolina taxation and will include new laws enacted in the 2018 session of the General Assembly.

Major Subjects

  • Nexus Issues – A look at online businesses that make sales in state from out of state
  • When are you a resident – Determine when income is allocated to SC and issues impacting part-time SC residents
  • SC Gasoline Tax Credit – Effects on personal use of business vehicles and business use of personal vehicles
  • SC529 Plans – Learn who should be the beneficiary, recourses for when the beneficiary doesn’t attend eligible institutions, limitations on expanded education level applicability of plan
  • Common SC Tax Credits – Understand how to calculate and who they apply to
  • SC Active Trade or Business Tax – Calculating AT/B income and allowed adjustments, who it applies to and effects of new laws on the tax

Discussion Leader

J Strickland, CPA, MBA, JD