TRENDING THIS WEEK:

  • IMPORTANT NOTE FOR STUDENT MEMBERS – AN IMPORTANT SCHOLARSHIP DEADLINE IS MARCH 1! SCACPA Student Members can apply for the AICPA/SCACPA Scholarship Award for Minority Accounting Students until 3 p.m. on Monday, March 1. Awards can range from $3,000-$5,000. Learn the eligibility details and apply now at https://www.thiswaytocpa.com/education/scholarship-search/scholarship-minority-accounting-students.
  • SCACPA wants all our members to know we understand the importance of certainty for taxpayers and tax practitioners regarding due dates. The Association agrees with the AICPA statement that calls on the IRS to provide certainty around 2021 filing season due dates, and to make any announcements soon, rather than waiting until tax due dates are imminent.
  • Tax season unfortunately also means we anticipate a spike in incidents of fraud. The South Carolina Department of Employment and Workforce offers several options to report identity theft and suspected cases of unemployment benefit fraud. Read about the tools offered to report incidents on the DEW’s refreshed website.
  • The Governmental Affairs Team held its quarterly meeting on Feb. 18, and video conference talks took place with the Department of Employment and Workforce, the Board of Accountancy and the Department of Revenue. As part of their day, the team reviewed more than 100 bills up for consideration during this legislative session and came to a consensus as to whether the SCACPA Advocacy Team supports the bill, opposes the bill or holds a neutral stance. Watch the SCACPA website for their determinations on the issues that affect the profession. Remember, SCACPA is the only organization that protects and promotes the CPA credential in South Carolina.
  • Tax season is underway! Are you familiar with your member benefit of SCACPA’s private online discussion portal, Connect? It’s easy to get started when you visit our new platform page for Connect. It tells you how to follow the steps to start growing your professional network today.
  • During February’s Black History Month, SCACPA is proud to commemorate the groundbreaking African-American CPAs of South Carolina. Meet Dr. Joseph L. “Joe” Boyd (CPA certificate No. 572) as he describes his journey from a University of South Carolina accounting graduate in 1969 to becoming the Business School Dean of Texas Southern University.

Advocate

  • For three hours during the South Carolina Board of Accountancy’s Special Called Meeting via video conference on Feb. 5, SCACPA Board Member and vice chair of the Governmental Affairs Team David Knoble, CPA, presented a draft of proposed changes to statutes based on the work of a volunteer task force. The presentation received great questions and feedback from Board members. With so many important changes to our current statutes on the horizon, here is a synopsis of a few of the most impactful changes that are proposed.
  • The Board of Accountancy’s next video conference meeting is scheduled for Tuesday, April 27. Interested in requesting a seat as part of the general public? Begin the process to receive the telephone or internet logon information of all upcoming meetings by emailing contact.accountancy@llr.sc.gov. For more details on attending BOA video conferences and tips for making the most of the Webex platform that carries the meetings, continue reading here.
  • The first session of the 124th General Assembly is underway, and so are weekly editions of our “View From the Dome” legislative updates. Tune in to the SCACPA Legislative Blog every Friday afternoon for your weekly “View From the Dome” legislative updates.
  • Your legislators are in session now, but staying in touch with them is something to consider year-round. Here are some tips on how to start a conversation. If you’re unsure of who represents you, check out the Find Your Legislators search engine.
  • SCACPA’s 2021 Legislator’s Tax Guide has been distributed at the State House. This goal of this annual publication from our Governmental Affairs Team is to assist our representatives with their specific income tax implications of being a state legislator. Special thanks to GA Team volunteers Ann Fleming, CPA, and W. Edward Howard Jr., CPA, for their expertise in writing and editing the guide. We have also compiled links to additional resources about tax, businesses and the state of South Carolina.
  • Make a Commitment to Making a Difference: SCACPA Has Opened Nominations for Board of Directors and Chapter Leadership for 2021-2022. In an effort to generate as much awareness and interest as early possible, SCACPA is announcing that we are accepting nominations for multiple seats on the SCACPA Board and for Chapter Leadership for our 2021-22 membership year. We look forward to receiving your nominations of others – or yourself.

Educate

  • A&A video update – Quality Management Proposal (Part 2 of 3). The AICPA has issued three new proposals related to quality management. Join Melisa Galasso for the second of three videos that will dive into the details of each proposal. Have you missed any recent editions of the Galasso Learning Solutions video blogs? Check out the latest news on the A&A Page of the SCACPA blog.
  • While we can’t wait for in-person social events to kick in again, SCACPA’s Catawba Chapter has scheduled two Livestream Lunch and Learn opportunities that are open to all members: Wednesday, March 17: Excel – Working With Data. SCACPA CEO Chris Jenkins gives you the keys to a wide range of solutions for your common data input requirements. (LICATE02).Wednesday, June 9: Excel – Working With Data Continued. Chris Jenkins will help participants understand filtering, summarizing, and combining data. (LICATE03).
  • The Federal Tax Update with Lynn Nichols is the member benefit you need during tax season! Catch up every week on SCACPA’s Tax Blog with a video from SCACPA’s advisor and speaker on federal tax topics, Lynn Nichols.
  • The CPE Planning Committee has nearly finalized SCACPA’s 2021-22 CPE calendar and itinerary for Virtual Spring Splash 2021, with simultaneous Tax and A&A tracks on May 13-14. Be on the lookout for the dates when we will broadcast via livestream the tracks of B&I, Government, Nonprofit and Variety that would have been offered in a traditional in-person Spring Splash.
  • If you have ideas about how we can make CPE more valuable with specific speakers or topics, please let us know with this form. Stay tuned to SCACPA social media, our blog and scacpa.org/events as we deliver “just-in-time” learning on breaking news topics.

Communications

  • Interested in contributing news or a story in your area of expertise for our next issue of the quarterly South Carolina CPA Report magazine? Contact SCACPA Content Strategist Gregory Hardy at ghardy@scacpa.org. Catch up with the latest news from the Association and the profession, and you can get see the PDF of our latest issue here.
  • SCACPA Social Media is important for you to get the most out of membership! Don’t forget to follow us on social media (Facebook, Twitter, LinkedIn and YouTube) for real-time updates. We steadily share breaking news on social media, so please give us a Like and Follow!

Connect

  • VOLUNTEER OPPORTUNITY: SCACPA is in need of a member to volunteer as an Educational Fund Board Member to fill a vacancy as of July 1. Interested members should fill out the Volunteer Interest form at www.scacpa.org/volunteer. Submissions for Board approval are due May 1. This is a five-year term from July 1, 2021 through June 30, 2026. Meetings are held once per quarter via video conference, and scholarship winners are selected at the July meeting. Last year, the EdFund Trustees awarded $64,500 to 43 exceptional Student Members who plan to pursue careers in accounting.
  • SCACPA Membership pays like never before! When you share the excitement by referring a friend or peer to join SCACPA as a Fellow member, we will send you a check for $100. Our Refer-A-Friend offer is simple: All the candidate must do is enter your email in the “Referred By” field on our new member application when registering for Fellow status. Once we have processed their membership payment, we will send you a check for $100. Make sure your Refer-A-Friend knows they get immediate access to a 40-hour CPE bank that can be put to use starting with our Surgent On-Demand self-study options. Find out more about Refer-A-Friend here.
  • SCACPA is proud to promote the “Accountable” podcast for CFOs, from David Peters, CPA, MST, who is the Association’s advisor and speaker on B&I topics. You can now download it as an audio podcast or watch the interviews on YouTube. Look for the latest installments on SCACPA’s B&I Blog Page.
  • Did you know that with SCACPA Connect you can review and respond to items in a daily digest email? Pick the time of day you would like to receive a notification that summarizes posts that occurred in the community. You can modify your notification settings to immediate, daily, weekly. However, we ask that you allow the “daily digest” emails at first to familiarize yourself, as well as facilitate and generate some timely discussion.

Grow

  • Congratulations to the more than 50 CPA Candidates and Student Members who took part in our recent Virtual Mock CPA Exam in January. We are in the process of scheduling another one for the summer, stay tuned to SCACPA communications for an announcement.
  • SCACPA wants to make sure as many accounting students as possible can find financial help along the way through college. That’s why the application period has opened for a wide variety of SCACPA scholarships. These awards are intended for juniors, seniors and graduate students. Scholarship amounts usually range from $500 to $2,500. Don’t delay, start on the path today!

Partner with SCACPA for Success

  • For businesses looking to grow, we’re letting them know that CPAs are an ideal target market. The new Partnership Playbook explains all the reasons why partnering with SCACPA is a win-win.

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