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South Carolina Increases & Extends Abandoned Buildings Tax Credit

Cherry Bekaert

South Carolina legislature recently passed both an expansion and extension of the Abandoned Buildings Revitalization Act , which has been instrumental in the revitalization of abandoned and neglected properties across the state.

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South Carolina’s Top Accountant to Step Down After $3.5 Billion Error

CPA Practice

By Joseph Bustos, The State (TNS) South Carolina’s top accountant Richard Eckstrom says he will resign effective April 30 after disclosing to state lawmakers that he inflated the state’s cash balances for a decade, eventually reaching about $3.5 billion accounting blunder was the latest controversy for Eckstrom.

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Sales Tax Updates: What’s new in sales tax for April?

TaxConnex

In early 2025, sales and use tax filers and tax preparers will have a new self-service portal that aims to provide more control over taxpayer’s own accounts, providing faster access, easier filing and better assistance with tax account information. Sales and use will be the inaugural tax to be serviced.

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Oct. 16, 2023, is Deadline for Millions Who Filed Tax Extensions; But Many Get More Time Due to Disasters

CPA Practice

Taxpayers affected by recent natural disasters including those impacted by the recent Maui fires and hurricane Idalia in parts of Florida, South Carolina and Georgia. Those in the counties of Maui, Hawaii, and many counties in Florida, South Carolina and Georgia have until Feb. This list continues to be updated regularly.

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Monday Morning Accounting News Brief: Big 4 Consulting Salaries; Accounting For Dummies; PwC Boomerangs | 3.27.23

Going Concern

South Carolina’s comptroller quits after a $3.5 billion accounting error Alright, here are some other headlines for ya. The world’s largest accounting and professional services firms in terms of revenue and workforce, these prestigious firms are renowned for offering high salaries with a generous bonus structure.

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Oct. 16, 2023, is Deadline for Taxpayers with an Extension

CPA Practice

Taxpayers affected by recent natural disasters including those impacted by the recent Maui fires and hurricane Idalia in parts of Florida, South Carolina and Georgia. Those in the counties of Maui, Hawaii, and many counties in Florida, South Carolina and Georgia have until Feb. This list continues to be updated regularly.

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AICPA Foundation Awards $400,000 in Accounting Doctoral Scholarships

CPA Practice

This initiative aims to enhance racial and ethnic diversity and inclusivity among accounting educators in colleges and universities. Decker added, “The AICPA is committed to building a more diverse, equitable and inclusive accounting profession.

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