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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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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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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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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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How the 50 States Rank By Lifetime Taxes

CPA Practice

Taxpayers in Washington will pay the most on everyday expenses ($83,014), followed by those in California ($78,191), accounting for food, clothing, personal care, and entertainment. North Carolina $1,381,529 $450,446 32.6% South Carolina $1,326,469 $416,183 31.4% South Dakota $1,390,105 $380,130 27.3%

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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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Draffin Tucker Joins Forces With Baldwin & Associates

CPA Practice

Top 300 accounting firm Draffin Tucker has expanded into South Carolina by merging with Baldwin & Associates, an accounting firm offering financial and accounting services to clients in the greater Charleston area and along the state’s coast since 2003. “We Pleasant office.