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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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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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Friday Footnotes: Fired Accountant Spills the Dirty Laundry; Scandals of Yore; Gen AI For Good | 1.26.24

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Indeed, trust is not built on mitigating risks alone. million from the federal government.

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Property tax 101

ThomsonReuters

Accountants who help clients effectively manage property taxes can further strengthen their role as a trusted advisor. As a significant source of state and local revenue in the United States, the importance of property taxes is not to be underestimated. How are property taxes calculated?

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