Regulatory

BREAKING: Senate Introduces Tax Conformity Bill on Final Day of Session

By | 2018-05-10T12:20:52+00:00 May 10th, 2018|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

With the hours ticking away before the end of the legislative session, the S.C. Senate introduced a bill for Tax Conformity on Thursday, May 10. The “South Carolina Taxpayer Protection [...]

IRS.gov Tool Upgrades Access into Tax-Exempt Organizations

By | 2018-05-09T18:04:11+00:00 May 9th, 2018|Auditing & Accounting, Business & Industry, Governmental, Regulatory, Tax|

The IRS introduced an online tool that provides faster, easier access to public information about charities and exempt organizations. Tax Exempt Organization Search replaces EO Select Check, which has been [...]

Letter from the SCACPA CEO: Senate Must Avoid ‘Inertia’ and Take Action on Conformity

By | 2018-05-08T12:43:01+00:00 May 8th, 2018|Auditing & Accounting, Business & Industry, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax|

South Carolina’s legislative session is set to adjourn on Thursday, May 10, and the fate of a Tax Conformity bill remains in serious question. Cindi Ross Scoppe, the Associate Editor [...]

IRS: Deadline Nears for SC to Claim $12 Million in 2014 Refunds

By | 2018-04-24T19:42:41+00:00 April 5th, 2018|Blogs, Regulatory, Tax|

The IRS is reminding more than 1 million taxpayers that time is running out to file a 2014 tax return and claim refunds totaling more than $1 billion. The IRS [...]

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Investigation: SC Counties Gave $221M in Tax Breaks to Lure Businesses

By | 2018-05-04T15:00:38+00:00 March 19th, 2018|Blogs, Business & Industry, Governmental, Regulatory, Tax|

How many tax breaks do South Carolina county governments offer to lure businesses into their borders? There were $221 million in 2016 tax breaks found, according to documents analyzed by [...]

‘Reverse Trade Show’ Offers 2 Business Networking Events with SC Governmental Agencies

By | 2018-04-25T14:37:55+00:00 March 6th, 2018|Blogs, Business & Industry, Regulatory|

For entrepreneurs who wish to conduct business with South Carolina governmental agencies, the South Carolina Association of Governmental Purchasing Officials has announced a pair of dates and locations for its [...]

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Pension Pains: State Senator Calls to Enroll New Public Employees into 401(K)-Type Plans

By | 2018-04-25T18:09:08+00:00 February 27th, 2018|Blogs, Legislative/Advocacy, Regulatory|

Each new state worker would be enrolled in a 401(k)-style retirement plan instead of South Carolina’s pension system beginning July 1, 2018, under a proposal unveiled on Feb. 20 by [...]

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Partnership Places SC DOR’s Tax Ed Classes into SCACPA’s CPE Catalog

By | 2018-04-25T18:20:06+00:00 February 25th, 2018|Blogs, Regulatory, Tax|

The South Carolina Association of Certified Public Accountants is announcing a tax education partnership with the South Carolina Department of Revenue. SCACPA members will now be able to use the [...]

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IRS Audit of Rock Hill Leads to Changes for Rec Department

By | 2018-04-25T18:36:37+00:00 February 20th, 2018|Auditing & Accounting, Blogs, Business & Industry, Regulatory|

An IRS general audit of the city of Rock Hill last year took issue with its longtime practices of how employees were classified as employees or independent contractors, according to [...]

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SC Department of Revenue Offers Wide Range of 2018 Tax Education

By | 2018-04-25T18:47:25+00:00 February 18th, 2018|Blogs, Membership, Regulatory, Tax|

When it comes to properly learning about how to comply with tax laws, it makes sense for your teacher to be the South Carolina Department of Revenue. The SCDOR offers [...]

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IRS: 2018 Pension Plan Limitations Not Affected by Tax Cut and Jobs Act

By | 2018-04-25T18:50:32+00:00 February 16th, 2018|Blogs, Regulatory, Tax|

The IRS announced on Feb. 7 that the Tax Cut and Jobs Act of 2017 will not affect the tax year 2018 dollar limitations for retirement plans outlined last year [...]

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SCDOR Urges Taxpayers to File Electronically

By | 2018-04-25T19:16:38+00:00 February 6th, 2018|Blogs, Regulatory, Tax|

As the South Carolina Department of Revenue pushes to have all individual taxpayers and professional tax preparers file their tax returns electronically, options remain for those who lack internet access. [...]

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To Re-Route Columbia Trains, Mayor Suggests Vote on Property Taxes

By | 2018-04-25T19:26:55+00:00 February 4th, 2018|Blogs, Regulatory, Tax|

While addressing the issue of train traffic congestion in his State of the City address on Jan. 30, Columbia Mayor Steve Benjamin posed a solution that would require a combination [...]

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