THIS WEEK:

  • SCACPA is excited for everything that’s in store for the 2020-21 Membership Year, and we continue to receive your membership renewals every day. More than 80% of our members are coming back for the All-Inclusive Membership experience. However, we understand that everyone’s different circumstances might not have allowed you to keep up with the renewal deadlines of June 30 for the end of the previous membership year and then the July 31 grace period deadline. Fortunately, based on member feedback and the extended tax season, we’re extending our “late payment” deadline fee of $25 until Monday, August 31. Head to  www.scacpa.org/dues and don’t risk an interruption of the benefits and services that help you offer the most value for your clients.
  • Because we don’t want your membership expire, the SCACPA staff will be placing phone calls this week to Fellow members who have yet to be in touch with us about their plans to renew. If you’re ready to renew your SCACPA membership for 2020-21 before you get that call, the SCACPA staff is standing by to help at 803.791.4181. Thank you for fortifying the profession and serving the South Carolina individuals and businesses that count on you.
  • We are indebted to everyone who responded to our 2020 Membership Survey. We received a total of 766 responses, with 491 coming from members and 275 from non-members. Take a look at what the survey respondents are telling us about the strengths we have today. Here are some thoughts you told us:
    • The majority of respondents say the investment value is “fair” or “more than fair.” Nearly one-fifth of respondents said they got more value back than what they invested in monetarily with SCACPA membership
    • Nearly 71% of respondents are “satisfied” or “very satisfied” with SCACPA’s level of service
    • 80% of respondents said SCACPA membership adds to their professional development
  • SCACPA is proud to co-sponsor the virtual ‘2020 Carolinas Planned Giving Conference’ on Wednesday, Sept. 2 and Thursday, Sept. 3. Registration is open through your CPE Bank for course ID LIOT04. Attendees will earn 10.50 hours of CPE, along with CFP credit and CLE credit. The CFP is ideal for members who are Certified Financial Planners. Read more about it here to expand your planned giving knowledge, learn new skills you can apply at your organizations, and network with peers and industry leaders. The Planned Giving Conference is presented by the North Carolina and South Carolina Planned Giving Councils.
  • The weekly Federal Tax Update with Lynn Nichols is back! Catch up every Monday with this video blog as SCACPA’s advisor and speaker on federal tax topics such as Recapture of Erroneous Coronavirus Credit Refunds as well as the Business Interest Expense Deduction.
  • Can’t wait for Fall Fest 2020 in November? We’ve got you covered all August, September and October for learning tracks of Business and Industry, Government, Nonprofit, Variety, Ethics and more. We are recording our speakers in advance as they deliver the content of all these sessions, and those courses will be offered online with the speaker monitoring discussion on the topic during the broadcast time. It’s all part of SCACPA’s commitment to keep you informed and up-to-date on your learning even in the midst of work-from-a-distance measures. We are still working on building additional courses, so stay tuned to SCACPA social media, our blog and scacpa.org/events as we deliver just-in-time education on breaking news topics.
  • Hurricane Isaias was South Carolina’s introduction to the 2020 hurricane season. SCACPA is helping you be prepared with our Disaster Readiness page to bring you updates when necessary. Don’t forget to review South Carolina’s 2020 Hurricane Guide, which is updated with precautions to remember should evacuations become necessary amid COVID-19 guidelines.
  • Thank you to all who have renewed your dues. We are innovating now more than ever to get the job done for you. If you have questions about what we are doing or how we can support you, we’re only a call or email away. If you have an idea about how we can make your membership more valuable, please let us know.

Advocate

  • Governmental Affairs continues its efforts to achieve Federal Tax Conformity while also bracing for required changes spawned by COVID relief packages. We’re maintaining our relationship with regulatory bodies and continue to communicate the impact we see with the Board of Accountancy, SC DOR, and DEW.
  • We’re promoting our #WhyCPA campaign to spread awareness about the differences between an accountant and a CPA, and why choosing a CPA is a smart long-term financial decision. We know choosing a CPA is the right decision, don’t you?
  • SCACPA is the only organization that protects and promotes the CPA profession in the state. Our benefits of advocacy and networking are waiting for you. SCACPA thanks you for your dedication to the profession and support of the Association now more than ever. We anticipate this will continue to be an active year with local, state and federal legislators.

Educate

  • Our CPE planning committee will meet virtually on Wednesday as it continues to evaluate possibilities while COVID-19 places significant restrictions on live CPE programming. The Committee of 16 is committed to bringing you the highest quality offerings in the most convenient, effective, and safe manner possible.
  • Are you ready to check out SCACPA’s CPE schedule for 2020-21? Remember, SCACPA is an IRS-approved provider for our tax CPE classes. With your new 40-hour CPE Bank for 2020-21, it’s easy to take advantage of all the learning and knowledge opportunities we have for you.
  • SCACPA CEO Chris Jenkins is the host of #TechTuesday, a weekly technology update posted to our YouTube channel. Check out 11 Excel spreadsheet tutorials here and remember to subscribe!

Communications

  • Check out th Q2 issue of South Carolina CPA Report magazine with this PDF, it tells how a group of young CPAs has been working from home, includes tips to navigate the road to recovery, and our CPE schedule for 2020-21 through June 2021.
  • Stay informed with SCACPA Happenings, especially as we start planning for November’s Fall Fest 2020 on Nov. 12-13!
  • Thank you to everyone who takes advantage of reading SCACPA’s Current Assets e-newsletter to learn the latest news in Association activities and events. It’s the member benefit that is delivered to your inbox every Thursday morning. If it’s been a while since you’ve read it, make sure to check your spam folder. Also: Look for changes on the horizon to its delivery that will result in you getting more of the targeted knowledge you’re looking for.
  • 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 Instagram) for quick, real-time updates. We share the latest breaking news on social media first, so go ahead and give us a Like and Follow!

Connect

  • October Month of Service is fast approaching. SCACPA is looking for new ways to help our communities during these times of social distancing. We’re hoping you have innovative ideas on how the SCACPA community can safely and effectively make a difference for those in need. Thank you in advance for your upcoming contributions that will demonstrate that CPAs are trusted neighbors for those in need.
  • As SCACPA continues to pivot and innovate to meet the needs of our members, make the most of the Association’s online open forum community SCACPA Connect. This member benefit allows members to talk to one another and offer support, which we know is needed now more than ever. Read about how to log in and start a conversation All we ask is that everyone abide by some simple rules of SCACPA Connect etiquette.

Grow

  • The South Carolina Association of CPAs Educational Fund Trustees are proud to announce it has awarded $64,500 to 43 exceptional students who plan to pursue careers in accounting. The scholarship recipients represent 16 South Carolina colleges and universities. Best of luck to all our hard-working SCACPA Student Members, you are the future of the profession! That includes three winners of our AICPA Minority Scholarship Award that was awarded in June. Jessica Outlaw of South Carolina State University, Kenisha Robinson of Winthrop University and Frederick Uy of Clafin University each received $5,000.

Member Benefit Spotlight

  • Have you checked out the COVID-19 tools provided by SCACPA partner Paychex? Their HR white paper eBook “What to Consider as Businesses Re-Open” can help you identify what to plan for, with details about staffing considerations, workplace safety and privacy considerations and supporting employees as they return to work. They also have a breakdown of state-by-state guidance.
  • SCACPA has introduced many new benefits including group health insurance, auto and home insurance, long-term care and pet health insurance. Visit www.scacpa.org/insurance for more details.
  • Maximize your office with SCACPA! With SCACPA’s Office Depot/OfficeMax member benefit, you can now text and receive your In-Store Purchasing Card directly to your phone so you can take your savings with you. Text SCACPASAVES to 555-888 now to download your free mobile In-Store Purchasing Card! Your SCACPA member discounts saves you up to 75% off on our Best Value List of preferred products. Visit officediscounts.org/scacpa for details and start saving today!