The South Carolina Association of CPAs is sending an advisory to its members that the South Carolina Department of Labor, Licensing and Regulation has begun issuing courtesy notice email [...]
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]
The AICPA has rolled out a Toolkit to Assist Firms in identifying affiliates under the new ET Section 1.224.020. In June 2019, the PEEC rolled out a new definition [...]
The South Carolina Board of Accountancy wants you to know it remains open for business! The BOA is actively reviewing applications to sit for the CPA Exam as well [...]
Manage SCDOR Property Tax accounts with ease on MyDORWAY Using MyDORWAY is already the best way to manage South Carolina tax accounts for you and your clients, including SCDOR Property [...]
This is a continuation on the adaptation of COVID delays. Issued: November 2020 What questions do you have? Send your questions to melisa@galassolearningsolutions.com Tune in to the Galasso Learning [...]
The AICPA's Auditing Standards Board has issued proposed targeted improvements to guidance on the use of specialists and external pricing sources. The proposal incorporates some PCAOB guidance and provides additional [...]
SCACPA’s flagship event, Virtual Fall Fest 2020, is here! To find your online session, go to our Welcome Page at www.scacpa.org/classroom. We’re adopting and innovating so you can earn [...]
This installment of the Genuine Learning Blog includes two proposals from the FASB. One proposed ASU addresses three implementation issues identified in implementation of ASU 2016-02, Leases. The other proposal [...]
South Carolina stands out with its particular rules for journeying CPAs; and don’t forget your obligations in your former home By David R. Peters, CPA | SCACPA Member Since [...]
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]
The Association for Certified Fraud Examiners biennially releases its “Report to the Nations.” The 2020 version provides insight into the types of fraud that were most common, who perpetrated [...]
The future of online security and trust for the CPA profession is arriving with the rollout of the domain of .cpa. As the Oct. 31 deadline approaches for firms [...]
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]
The CPE Committee of 16 is essential in ensuring that SCACPA provides the continuing education that members want. The team is responsible for defining, documenting and identifying sessions and [...]
The AICPA's Professional Ethics Executive Committee (PEEC) is re-proposing an interpretation for staff augmentation. This proposal would further limit the ability of firms to offer staff augmentation services. The proposal [...]
By Copper Dome Strategies Friday, Oct. 16, 2020 With no plans for the General Assembly to return to Columbia, this will be the final weekly report until after November’s [...]
Save time. Save tax dollars. Go direct. Encourage your customers to choose direct deposit. A message from the South Carolina Department of Revenue The fastest, most secure Individual Income Tax [...]
McGriff Insurance Special Alert: Watch for IRS Notices 972CG Note: The following is based on an IRS compliance alert from SCACPA partner McGriff Insurance concerning the Affordable Care Act: [...]
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]
By Copper Dome Strategies Friday, Oct. 9, 2020 Several court decisions impact the November elections and federal CARES Act funds. The Joint Bond Review Committee (JBRC) received an update [...]
The South Carolina Department of Revenue announced a new Sales Tax filing option for businesses with multiple locations – the Consolidated Sales Tax Return. The Consolidated Sales Tax Return [...]
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]
By Copper Dome Strategies Friday, Oct. 2, 2020 Gov. Henry McMaster signed a number of bills into law that were passed and ratified by the General Assembly. The General [...]
When the Senate passed bill S.545 during special session on Tuesday, Sept. 22, it represented three wins for the SCACPA Advocacy Team over this incredibly difficult year. The bill [...]
Welcome to the Federal Tax Update Podcast, hosted by Lynn Nichols. This is presented as a member benefit by the South Carolina Association of CPAs. It is produced to [...]
By Copper Dome Strategies Friday, Sept. 25, 2020 The General Assembly completed a special two-week legislative session and does not have plans to return until January. In addition to [...]
If you thought we were done with Revenue Recognition and Topic 606, you would definitely be surprised to hear that the Financial Accounting Standards Board (FASB) issued an exposure [...]
By Copper Dome Strategies Friday, Sept. 18, 2020 The General Assembly returned to Columbia to begin a special two-week legislative session. The Senate passed its version of the FY20-21 [...]
The AICPA has issued a Technical Q&A titled “Accounting for Lease Components in Type A Life Care Contracts by Continuing Care Retirement Communities.” Issued in August, the TQA addresses [...]