By David Donovan, Senior Infrastructure Architect, VC3 This article originally appeared in the Winter 2023 issue of The South Carolina CPA Report There is no denying that backing up your [...]
The South Carolina Department of Revenue’s Information Letter #23-11 provides an overview of tax law changes enacted during the 2023 legislative session in South Carolina. The main updates include: [...]
The South Carolina Department of Revenue (SCDOR) has announced changes concerning the state's Maximum Sales & Use Tax (Max Tax). Here are the key takeaways: Max Tax is a [...]
By Walda Wildman, CPA All kinds of big companies are playing up their compliance with ESG standards. However, those companies haven’t had any codified standards to use in preparing [...]
To protect taxpayers from scams, IRS orders immediate stop to new Employee Retention Credit processing amid surge of questionable claims; concerns from tax pros, aggressive marketing to ineligible applicants [...]
By Karen Davis, EA, MBA, PhD The “Setting Every Community Up for Retirement Enhancement Act of 2020” (SECURE Act) made two significant retirement plan changes starting in 2020 – [...]
Updated 9/8/2023 On Wednesday, September 6, the Internal Revenue Service (IRS) announced an extension in tax filing and payment deadlines for individuals and businesses affected by the Idalia storm [...]
The compression of the CPA pipeline is an issue of state and national concern. SCACPA and societies in other jurisdictions and national organizations are continuously exploring avenues to relieve [...]
The following was provided by SC Works . SC Works cordially invites you to join them on September 20th, 2023, for the Annual SC Works Job Fair. This event [...]
The following was provided by the South Carolina Department of Employment & Workforce Development SC DEW would like to announce that employers now have an additional option to make [...]
The Internal Revenue Service (IRS) recently announced a significant policy shift to improve safety, reduce confusion, and enhance taxpayer transparency. As part of their larger agency transformation efforts, the [...]
Provided by Copper Dome Strategies, LLC The 1st regular session of the 125th South Carolina General Assembly concluded last week. Many of the priorities going into the session were [...]
The compression of the CPA pipeline is an issue of state and national concern. SCACPA, as well as societies in other jurisdictions and national organizations, are continuously exploring avenues [...]
Content provided by Gallagher. SCACPA members can access these benefits and more as a part of their membership benefits package. We believe that a well-equipped workspace contributes significantly to [...]
In a recent announcement, the South Carolina Department of Revenue (SCDOR) has informed taxpayers and tax professionals, including CPAs, about a significant change in their refund disbursement process. Effective [...]
Last year, the passage of S.812 significantly updated the Accounting Practice Act. Almost as soon as the ink dried on the bill, task forces began drafting revisions to the [...]
In an Executive Order issued today, South Carolina Governor Henry McMaster announced the appointment of Brian J. Gaines as the new Comptroller General of the State of South Carolina. [...]
By Jaclyn Veno, CPA, Galasso Learning Solutions This article appears in the Spring 2023 issue of the South Carolina CPA Report For more than a decade, leases have been a [...]
The South Carolina Department of Revenue (SCDOR) has launched an enhanced online Business Tax Application to simplify the registration process for new businesses in the state. The updated application [...]
At the beginning of 2023, the AICPA released a draft of an 8-point plan to address the challenges facing the CPA Pipeline. The SCACPA Board of Directors reviewed this plan [...]
The following email was sent from the South Carolina Department of Labor, Licensing and Regulation on December 3, 2022. Questions regarding this renewal process and your CPA license may [...]
When it comes to financial services, employees are the face of the business. While many people probably have the technical skill set to do the work, the relationships that [...]
South Carolina Startups Could Save an Extra $250,000 Per Year, up to $2.5MM Submitted by Margaret Krajcer JD, Vice President and General Counsel of Tax Credits Group On August [...]
Prepared by Copper Dome Strategies First election under new state law that allowed for early voting A newly enacted voting law allowed for 12 days of early, in person [...]
The National Association of State Boards of Accountancy has announced tentative key dates regarding the implementation of the CPA Evolution initiative and the changes it will have on the [...]
Originally posted on David's Accountable Blog It has often been said that you never get a second chance to make a first impression. While no one is quite sure [...]
Updated 10/10/2022 We just received news from the SC Department of Revenue regarding its response to Hurricane Ian. This announcement aligns the deadline extensions the IRS announced last week [...]
The AICPA Government Audit Quality Center needs your feedback. Due to the historic amount of federal pandemic funding, the AICPA Government Audit Quality Center (GAQC) is gathering auditor feedback [...]
Submitted By David Peters, CPA, CFP, CLU, CPCU Visit Accountable: Blog for CFOs “I am just trying to get my credits in.” I have heard these words uttered by [...]
Submitted by the South Carolina Department of Revenue More than 240,000 employees work in the state’s agribusiness industry, which includes 25,000 farms as well as food producers and timber-related [...]