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SCDOR Releases Two Revenue Rulings on Sales to Government Employees and Phone Bill ChargesSCDOR Releases Two Revenue Rulings on Sales to Government Employees and Phone Bill Charges
Auditing & Accounting, Business & Industry, Communicate, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax, Technology
SCDOR Releases Two Revenue Rulings on Sales to Government Employees and Phone Bill Charges
The South Carolina Department of Revenue has issued a pair of approved advisory opinions based on public drafts that were released in August. The first informs retailers that federal government employees are using new credit [...]
SC News and Tax Roundup: Hurricane Dorian Evacuations, Closures Said to Cost Charleston $58.6 Million
Hurricane Dorian Evacuations, Closures Said to Cost Charleston $58.6 Million Hurricane Dorian marked five straight years that the Palmetto State’s tourism industry lost business due to storms and flooding, and a College of Charleston [...]
At Fall Fest, Look What’s in Store for the Student Track
Fall Fest Student Accounting Conference (UNSU01/20) Nov. 15, 10 a.m.-4:40 p.m. SCACPA Student Members, kick-start your career at the Fall Fest Student Accounting Conference on Fri., Nov. 15 at the Columbia Metropolitan Convention Center! [...]
Week of September 16-20
Advocate As SCACPA monitors the aftermath of Hurricane Dorian, we will provide updates regarding our activities, including working with legislators and FEMA on getting extensions, and those will be found scacpa.org/disaster-readiness along with our social [...]
Galasso A&A Video Blog: Reference Rate Reform & Balance Sheet Classification of Debt
Melisa Galasso talks about two big proposals just released from the Financial Accounting Standards Board. The first proposal relates to the movement away from LIBOR. As LIBOR has come under scrutiny, there has been [...]
SC Jackpot! $50 Rebate Checks Expected to Reach Qualifying Taxpayers by December
Thanks to the $61 million in tax dollars generated by the winning $1.5 billion 2018 Mega Millions ticket, South Carolina lawmakers determined the funds would go toward $50 rebate checks for more than 1 million [...]
SC News and Tax Roundup: Who Will Pay for Hurricane Dorian Cleanup?
Hurricane Dorian Damage Assessments are Being Collected to Calculate Cleanup Costs As South Carolina’s coastal residents clear the debris caused by Hurricane Dorian, municipal workers have begun to haul it away and governments at [...]
SCDOR Releases its Tax Legislative Update for 2019
What were the critical changes in South Carolina’s tax and regulatory laws enacted during the past legislative session? The state’s Department of Revenue has prepared a summary of these changes in “Information Letter 19-23: [...]
How You Can Get Involved with October Month of Service
The weeks are ticking down until the start of our annual October Month of Service drive, and SCACPA is proud to help CPAs connect with their peers to make a difference in their communities. SCACPA [...]
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Dorian’s Threat is Gone, but Keep in Mind These Steps About Future Tax Deadline ExtensionsDorian’s Threat is Gone, but Keep in Mind These Steps About Future Tax Deadline Extensions
Auditing & Accounting, Blogs, Business & Industry, Communicate, Featured, Governmental, Legislative/Advocacy, Public Relations, Regulatory, Tax, Technology
Dorian’s Threat is Gone, but Keep in Mind These Steps About Future Tax Deadline Extensions
Now that South Carolina has finished enduring the immediate threat of Hurricane Dorian, many SCACPA members are contacting the Association in search of news about possible state and federal tax deadline extensions. When SCACPA receives [...]
Tax Preparedness Steps in Advance of a Hurricane or Other Disaster
The South Carolina Association of CPAs wants our members to be aware that we monitor news and weather forecasts for projected hurricanes and other natural disasters for their possible effects on SCACPA functions and emergency [...]
Buy-Sell Agreements: Don’t Sleep on the Valuation Clause
Agreements that are not carefully considered for changing conditions can become “ticking-time bombs” that can lead to animosity – or years of litigation. By Dustin C. Scott, CPA, CVA, EA | SCACPA Member Since [...]
The Importance of CPA-PAC: Influencing the Decisions that Impact Our Profession
The CPA Profession has celebrated a long list of legislative victories, but none of those successes are possible without legislators who listen to and support our position. It is the South Carolina CPA-Political Action [...]
SC News and Tax Roundup: Waffle House Team Mobilizes with Suppliers to Serve Communities as Dorian Threatens Carolinas
Waffle House Team Mobilizes with Suppliers to Serve Communities as Dorian Threatens Carolinas From a conference room in Waffle House’s Atlanta headquarters, the path of Hurricane Dorian is monitored as decisions are made on [...]
LLR is Conducting an Email Verification Drive in Advance of License Renewals
SCACPA members should be aware that the Association has confirmed that the South Carolina Department of Labor, Licensing and Regulation is conducting an email verification drive in advance of license renewal season for firms and [...]
Chamber of Commerce Poll: 71% of SC Registered Voters Want Simpler Tax Code
Tax reform has broad popularity with South Carolina registered voters, and respondents to a statewide poll conducted in August are soundly in favor of adjustments to the state tax code, according to results announced by [...]
SC News and Tax Roundup: SC Housing Report Estimates Economic Impact of Unaffordable Housing is $8.4B
S.C. Housing Report Estimates Economic Impact of State’s Unaffordable Housing is $8.4B The newly released South Carolina State Housing Finance and Development Authority report contains a calculation of the economic impact of unaffordable housing [...]
SCACPA Members Talk About the Value of Volunteering During October Month of Service
We’re getting close to SCACPA’s annual October Month of Service. The Association is proud to offer ways to connect with your peers to make a difference in your community. If you or your firm has [...]
Why SCACPA Social Media is Important for You to Get the Most out of Membership
You can rely on SCACPA’s social media feeds to find the quick, real-time updates about what’s going on with the Association, along with South Carolina news you can use. We share our latest breaking [...]
Here’s Why You Need Six Hours of Ethics Classes This November
SCACPA is presenting a day of six total hours of ethics training on Tuesday, Nov. 26. With “Tax Practice Ethics,” you’ll avoid the headache of big mistakes discovered in IRS audits. That will be followed by “South Carolina Ethics, [...]