South Carolina Tax Tips for Veterans and Military Personnel
NOTE: The offices of the South Carolina Department of Revenue will be closed on Wednesday, Nov. 11 in observance of Veterans Day. MyDORWAY users can file and pay anytime [...]
Galasso Learning Solutions: 2020 Report to the Nations
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 [...]
Firms Can Gain an Edge as “Dot CPA” URL Application Deadline of Oct. 31 Nears
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 [...]
Meet the CPE Committee of 16, Creating ‘Just in Time’ Education by CPAs, for CPAs
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 [...]
Lynn Nichols Federal Tax Update (Oct. 12, 2020): Ineffective S Corp Election
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 [...]
SCACPA Advocacy Scores Conformity Among Three Important Wins at State House
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 [...]
Is Your Team New to Working Remotely While Social Distancing? Pay Attention to Your Cybersecurity
By Thomas G. Stephens Jr., CPA, CITP, CGMA | K2 Enterprises As the world comes to grips with COVID-19, many businesses are encouraging team members to work from home. [...]
SCACPA Commends BOA for Addressing Modification of Livestream CPE Rules and Hardship Requests
UPDATE: The South Carolina Board of Accountancy has released its announcement on this development. It is re-printed at the bottom of this post. The BOA's announcement includes a reminder [...]
View From the Dome: Senate Finance Committee Passes Version of FY20-21 Budget, OKs $420M from CARES Act for Unemployment Insurance Trust Fund
By Copper Dome Strategies Friday, Sept. 11, 2020 The Senate Finance Committee passed its version of the FY20-21 state budget and authorization for the remaining CARES Act funds. The [...]
Galasso Learning Solutions: Virtual Currency – New Practice Aid
Cryptocurrency is becoming a more recognized transaction with more entities participating in this ecosystem. The AICPA has issued nonauthoritative guidance on accounting and auditing digital assets. FASB does not [...]
Lynn Nichols Federal Tax Update (Sept. 7, 2020): IRS Issues Payroll Tax Deferral Guidance
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 [...]
Introducing Your New-Look Current Assets E-Newsletter, Tailored to Your Interests
With Communications as one of our Five Pillars of membership, SCACPA is dedicated to bringing you a comprehensive news package that cuts through the clutter of your inbox. That’s [...]
Introducing the “Accountable” Podcast for CFOs with SCACPA B&I Advisor David Peters, CPA
Join host David R. Peters, CPA, MST, on this installment of “Accountable,” the podcast for CFOs, by CFOs. David talks with Toni Berbrick, CPA, about cybersecurity. She is an [...]
Lynn Nichols Federal Tax Update (Aug. 24): Vacation Property Rentals and IRC Sec. 469
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 [...]
You Can Earn Six Hours of Livestream Ethics Credits on September 16 (and Discover Some Tech Gizmos, Too!)
A quality tax practice begins with respect for the standards, and SCACPA is presenting a day of six total hours of livestream ethics training on Wednesday, Sept. 16. Start [...]
Lynn Nichols Federal Tax Update (Aug. 10, 2020): Recapture of Erroneous Coronavirus Credit Refunds
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 [...]
SCDOR: State Sales Tax Holiday Begins Friday, Aug. 7
School supplies, clothes and computers are among the items that can be purchased free of sales tax during South Carolina’s annual 72-hour Sales Tax Holiday from Friday, Aug. 7 [...]
SCDOR Roundup: 2020 Individual Income Tax Statistics and Policy Division Updates
More South Carolina taxpayers filed their Individual Income Tax returns on time this year, with more taxpayers choosing electronic filing options, according to preliminary figures from the South Carolina [...]
NASBA Board Unanimously Approves CPA Evolution Framework
The National Association of State Boards of Accountancy Board of Directors has announced its unanimous vote of support for the advancement of the CPA Evolution initiative that designs and [...]
SCACPA Legislative Update: Congress Requires Recommendations from CPAs for Next Phase of COVID-19 Relief Legislation
The U.S. House of Representatives and Senate have returned to Washington, DC, for the first time since June. Leadership from both chambers are in deep discussion about a path forward [...]
SCACPA and Paychex are Partnering to Provide Helpful Resources
A message from SCACPA CEO Chris Jenkins: With so much change impacting business, there is no better time for SCACPA and Paychex to be working with one another. SCACPA is [...]
BPS CPA Kaczor to Address National Conference with Strategies to Combat COVID-19 Spike in Business Fraud
Fraudsters have been taking advantage of the new work and life routines of the pandemic and causing mayhem, according to Jessica Kaczor, CPA, CFE, of Bauknight, Pietras & Stormer, [...]
All Through June, SCACPA Has More Than 65 Hours of Livestream CPE for B&I, Government, Nonprofit, Ethics and More
Note: For your convenience, you can download a PDF with SCACPA's entire month of June CPE itinerary, complete with course information and links to register for the courses here. [...]
Three Bauknight Pietras & Stormer CPAs Share Their ‘How I Work – From Home’ Stories With SCACPA
Longtime SCACPA members know that a regular feature of the Association’s quarterly magazine is “How I Work.” In every issue of South Carolina CPA Report, we strive to showcase [...]
PPP Loan Forgiveness Calculator Available; Push Continues for Additional Guidance
Note: On June 6, the ‘Paycheck Protection Program Flexibility Act of 2020’ was enacted, which gives more flexibility to borrowers. Learn more here. A PPP Loan Forgiveness calculator is [...]
Thanks to All Virtual Spring Splash Attendees for Creating a CPE Success Story! Our Speakers Learned a Lot Along the Way, Too
No matter where you logged in from, thank you to all SCACPA members and presenters who banded together to turn the May 14-15 Virtual Spring Splash into a CPE success [...]
Amid the Rapid Change, Get Your Firm on the Cloud to Track New Opportunities
As you transition to virtual meeting environments, take stock of that data to re-imagine how you measure your firm – and the client experience By Chris Hervochon, CPA, CVA [...]
Attention Attendees of Virtual Spring Splash! Here’s How to Make Sure You and Your Devices are Prepared for SCACPA’s Biggest Two Days of Livestream Ever
Test Your Equipment Please Make Sure You’ll Be in the Correct Classroom! Gaining Your Credit Your Virtual Spring Splash is only a [...]
Your Guide to Virtual Spring Splash 2020: Course Descriptions, Online Classroom Links and Registration Tools
Spring Splash 2020 is going virtual, and we’re offering you more options than ever. SCACPA is delivering our planned tracks of Tax and A&A via livestream on May 14-15. [...]
SCACPA Website Login Alert: New Features Include Easier Secure Access Option
During this difficult season, SCACPA has your best interests in mind as we develop ways to get you the information you need as quickly and easily as possible. To [...]