SCACPA Blog2018-04-27T14:34:20-04:00

Take the RAP Index Survey to Strengthen SCACPA Advocacy and Our Connections to Legislators

Earlier in 2019, SCACPA launched an important survey to help us grow our advocacy programs and advance our positions on the issues that impact South Carolina CPAs. Members from across the state participated in [...]

Help SCACPA Welcome New CPAs to the Profession at Wednesday Night Oath Ceremony Before Fall Fest

For those SCACPA members who live in the Columbia area, or if you plan to arrive in the Capital City the Wednesday before Fall Fest, please consider joining SCACPA to welcome the latest wave of [...]

New Process for Amending SC Individual Income Tax Returns Coming in 2020

The South Carolina Department of Revenue is changing the process for amending South Carolina Individual Income Tax Returns in 2020. Beginning with tax year 2019, you will use the SC1040 to amend South Carolina Individual [...]

SCDOR’s Online State Tax Lien Registry Launches on Nov. 1

The South Carolina Department of Revenue will implement an online state tax lien registry on Nov. 1. State lawmakers called for the implementation of this registry after passage of S. 160 in March. A [...]

Galasso A&A Video Blog: Proposed SAS – Conforming Edits to 800 Series

This Q3 in 2019 review covers the final standards issued by standard setters, including the two final SASes issued by the AICPA as well as a new forensic standard and Technical Questions and Answers. [...]

Check Out How Your Peers Are Making a Difference Around SC During October Month of Service

Central Chapter Members at Harvest Hope Food Bank. SCACPA challenged its chapters, firms and members to show how CPAs can give back to the community during October Month of Service, and we’re [...]

Galasso A&A Video Blog: GASB – Replacement of Interbank Offered Rates

The Governmental Accounting Standards Board (GASB) has introduced an exposure draft to address issues when LIBOR goes away for hedges and leases for governmental entities. Trying to ease the burden on governments, the proposal would [...]

SCACPA’s Student Pipeline: Catawba Members Introduce the World of Accounting at Rock Hill High School

The Catawba Chapter, along with Junior Achievement, sponsored an accounting lunch and learn at Rock Hill High School’s media center on Tuesday, Sept. 24. About 30 students attended from RHHS accounting classes, and they asked [...]

Member Benefit Alert: SCACPA Partners with Surgent On-Demand Self-Study CPE

SCACPA members who know they can depend on the Association for all-around CPE excellence now have an incredible opportunity to get specialized knowledge for their precise career needs. The South Carolina Association of CPAs [...]

Here’s a Free Guide: “Tax Law Reform Complicates Year-End Planning”

Get your clients ready for tax season with these year-end tax planning strategies. Make the most of recent tax law changes, such as the new deduction for qualified business income, the higher standard deduction, and [...]

SC News and Tax Roundup: Charleston Wine Market, Supply Chain Brace for Tariffs Hitting European Union

In This Edition: Charleston wine market, supply chain brace for tariffs hitting European Union … Anderson County, Duke Energy have plan for energy storage at civic center … With North Charleston ties to Mercedes-Benz vans, [...]

SCACPA Federal Tax Update Podcast with Lynn Nichols: Lack of Safe Harbor in Proposed Accounting Regs Chafes Tax Pros

Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols, CPA. This is presented as a member benefit by the South Carolina Association of CPAs. The commentary is brief, and you should not take [...]

Are You Registered for Our Biggest and Best Fall Fest Yet?

Last year’s inaugural Fall Fest was the biggest event in SCACPA history, and we’re ready for this year’s event at the Columbia Metropolitan Convention Center to be even bigger. As in, mechanical bull with [...]

Greenville/Spartanburg Chapters of the Institute of Management Accountants Bring You Their Fall CPE Event (And It’s Free for Students)

The Greenville and Spartanburg Chapters of the Institute of Management Accountants invite you to their Fall CPE Event on Friday, Nov. 15, from 8 a.m.-noon at the BMW Zentrum Center in Greer. The four [...]

SCACPA Advocacy: The Importance of Relationships with Persons in Government

SCACPA encourages all its members to offer their expertise as CPAs for our advocacy efforts through the State House. We know our members offer well-researched and objective knowledge in budgetary issues, economic forecasting and [...]

SCACPA Urges SC House Members to Support ‘Fiscal State of the Nation’ Resolution

The U.S. government’s balance sheet indicates that, over time, the nation has an accumulated deficit (from annual shortfalls as of Sept. 30, 2018) of $21.5 trillion. To put that in perspective, if you made [...]

Galasso A&A Video Blog: Materiality Considerations for Subject Matters that Cannot be Quantitatively Measured

The AICPA has issued an Invitation to Comment to provide feedback on a project related to materiality in attestation engagements that have non-quantitative subject matter. The ITC addresses the challenges faced by practitioners but also provides [...]

S.C. News and Tax Roundup: Charleston is Among Top U.S. Cities for Rise in Telecommuting

In This Edition: Charleston is among top cities for rise in telecommuting thanks to warm weather, affordability … In search of builders and facing lagging construction times, S.C. construction industry turns to workforce development [...]