TaxConnex

JULY 10, 2025

25-27; South Carolina (clothing and footwear, supplies [including some bed and bath], computers), Aug.1-3; 2-3; Florida (clothing to $100, general supplies up to $50, computers up to $1,500) Aug. 1-31; Missouri (clothing up to $100, general supplies up to $50, among others) Aug. 1-31; Texas (costing up to $100), Aug.

West Virginia

Accounting Today

JUNE 13, 2025

SOUTH CAROLINA Elliott Davis, Greenville, announced the selection of John Otten as its next CEO, effective July 1, and succeeding Rick Davis, who held the role for over 18 years and will stay at the firm in an advisory role.

Technology

Insightful Accountant

JUNE 6, 2025

Top ProAdvisor Profiles: Debi Choi by William Murphy, Insightful Accountants Top ProAdvisor Award Process Administrator June 6, 2025 11:53 AM RSS Print Expand This week, our Top ProAdvisor profile focuses on Debi Choi of Sage Growth Advisors of Simpsonville, South Carolina.

South Carolina

Going Concern

APRIL 7, 2025

billion accounting error in South Carolina’s finances. In the Senate, Republicans approved a budget outline on Saturday that opens the door to locking in the Trump tax cuts indefinitely without Democratic support. The State continues to cover that $1.8 Unsurprisingly, CliftonLarsonAllen will probably be losing that contract.

auditor

Going Concern

JULY 18, 2025

The city’s last completed audit was for fiscal year 2018, which was finalized last year.

audit

Going Concern

JANUARY 17, 2025

already overbudget [ The Nerve (South Carolina)] In a 65-page report released late this afternoon, AlixPartners, a New York-based global consulting firm, determined that about $1.6 billion [missing from South Carolina state funds] “did not represent real cash.” Cost of investigating mystery $1.8B

South Carolina

Insightful Accountant

JULY 25, 2025

I cherish the time we spend together, whether its a quiet evening, a weekend adventure, or a vacation to South Carolina. Expand Outside of work, I enjoy a full and active life with my family. I’m a proud parent of two children, Sara (28) and Andrew (9).

general ledger

Accounting Today

JULY 2, 2025

Several House lawmakers, including Texas Representative Chip Roy and Representative Ralph Norman of South Carolina, predicted the first procedural vote would fail. House leaders plan to hold a procedural vote to advance the legislation on Wednesday, with the goal of sending it to the president by Friday for his signature.

North Carolina

CPA Practice

OCTOBER 22, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

payroll

Cherry Bekaert

JUNE 18, 2024

Contributor: Nick Cousino, Senior Manager A new South Carolina tax credit that encourages private parties to expand the state’s ever-growing trail system went into effect May 13. Therefore, South Carolina taxpayers who may qualify for the trails credit should plan to take advantage of the credit from tax years 2024 through 2028.

South Carolina

CPA Practice

APRIL 21, 2025

The stateSenatevoted April 21 to oust South Carolina Treasurer Curtis Loftis over a yearslong accounting error, leaving the statewide official a vote by the House away from being removed from office for willful neglect of duty.

South Carolina

CPA Practice

AUGUST 11, 2023

A South Carolina woman was sentenced today to 37 months in prison for conspiring to defraud the United States by preparing and filing false tax returns. Boroughs for the District of South Carolina made the announcement. Acting Deputy Assistant Attorney General Stuart M. Attorney Adair F.

South Carolina

CPA Practice

AUGUST 14, 2023

A South Carolina woman was sentenced today to 37 months in prison for conspiring to defraud the United States by preparing and filing false tax returns. Boroughs for the District of South Carolina made the announcement. Acting Deputy Assistant Attorney General Stuart M. Attorney Adair F.

South Carolina

TaxConnex

MARCH 21, 2024

The Court of Appeals of South Carolina has affirmed a state Administrative Law Court (ALC) finding that the online retail giant remains liable for eight figures in unpaid sales tax on third-party sales from 2016, interest and penalties. Here’s a review of some of the recent changes and updates. Amazon still liable.

South Carolina

TaxConnex

AUGUST 17, 2021

Looking at each of the two transactions individually helps to make the answer clear: Let’s look at a distributor in Arkansas who sells to a retailer in South Carolina (at that retailer’s request) and drop ships the product to the retailer’s customer in Illinois. Not all states are alike. Let’s look at a different example.

South Carolina

TaxConnex

DECEMBER 5, 2023

In South Carolina, membership fees to for-profit gyms can be exempt if the gym has aerobics/calisthenics, weightlifting or exercise, running tracks, racquetball and swimming pools. Throw in basketball courts, though, and the memberships incur sales tax. States don’t take membership sales tax lightly.

South Carolina

TaxConnex

SEPTEMBER 10, 2020

Nevada , Texas , South Carolina and New Jersey are among the first states mandating surcharges on retail sales subject to sales tax. South Carolina restaurants are charging an average of 3 percent as a surcharge.). Lately they’ve been followed by retailers, notably restaurants , nationwide. States to watch.

South Carolina

CPA Practice

MARCH 26, 2025

billion accounting error where a South Carolina Senate Finance panel recommended removal of Treasurer Curtis Loftis, senators alleged the treasurer is in violation of federal law. In a scathing report into the $1.8

South Carolina

CPA Practice

APRIL 8, 2025

South Carolina lawmakers want to move on from outside independent auditor CliftonLarsonAllen after a 20-year relationship.

South Carolina

CPA Practice

FEBRUARY 11, 2025

a construction accounting-focused practice with four offices across North Carolina and South Carolina, effective Jan. The Atlanta-based top 100 accounting firm has acquired Smith Kesler & Co.,

South Carolina

Insightful Accountant

JULY 18, 2025

* Expand This week, our Top ProAdvisor profile focuses on Lauren LaMantia of LaLa Solutions of Charleston, South Carolina. Discover exclusive insights and resources! At LaLa, we know when it comes to managing your business’s financials, one size does not fit all.

South Carolina

CPA Practice

APRIL 11, 2025

Facing a vote in the state Senate to remove him from office, South Carolina Treasurer Curtis Loftisis asking the state Supreme Court to stop the planned hearing in the General Assemblys upper chamber.

South Carolina

Accounting Today

MAY 15, 2025

The Top 75 Firm based in Atlanta is expanding into Greenville, South Carolina, effective June 1, 2025.

South Carolina

TaxConnex

JULY 8, 2021

The holidays may only cover state sales tax but not local sales taxes, as in South Carolina (which, like other states, has no price cap on eligible items). Other unusual exempt items include certain chain saws in Virginia and bed linen in South Carolina. Many states’ holidays are fixed and annual (but not all!).

Sales

TaxConnex

MAY 26, 2022

As an example, a distributor/wholesaler in Arkansas sells to a retailer in South Carolina and drop ships to the retailer’s customer in Illinois. Instead, they are leveraging other suppliers/distributors who “drop ship” directly to the customer.

South Dakota

TaxConnex

AUGUST 15, 2024

South Carolina cuts meat packers a tax break for every dressed deer or wild hog they send to a food pantry. You can get a big tax break in New Mexico if you just live to 100. Louisiana lets small private aircrafts soar tax-free, and Connecticut extends that to bigger planes. Some taxes are used to benefit specific groups.

Sales

TaxConnex

JUNE 1, 2021

South Carolina, for instance, gives a slightly better break for electronic filing rather than paper filings. Some states, like Indiana and Wisconsin, vary the discount depending on the amount of tax collected and remitted.

Sales

Withum

AUGUST 14, 2024

On August 9, 2024, the IRS announced relief from certain tax filing and payment deadlines for individuals and businesses in all of South Carolina, most of Florida and North Carolina, and part of Georgia that were affected by Hurricane Debby.

South Carolina

TaxConnex

MAY 14, 2024

(Marketplace facilitators can also be called on the carpet just like individual remote sellers can if they fail in sales tax obligations, as happened recently to Amazon in South Carolina.) Note that a facilitator such as Amazon might also have warehouses in many states to store the inventory of its sellers.

Sales

CPA Practice

MAY 16, 2025

The merger, which is effective June 1, aligns with the top 75 firm's mission to offer comprehensive accounting and advisory solutions to clients while expanding its footprint in key markets, Mauldin & Jenkins Managing Partner Hanson Borders said.

South Carolina

TaxConnex

AUGUST 24, 2021

If you are selling through a marketplace, the majority of states now have these laws in place, including, recently , Georgia, Florida, Hawaii, Wisconsin, Illinois, Michigan, South Carolina and North Carolina.

Sales

TaxConnex

MARCH 22, 2022

Colorado, Mississippi, Nevada, Ohio and Louisiana are among states offering a discount for prompt payment; Arizona gives a better discount for e-filers; Florida and South Carolina offer both. among other conditions, to qualify for these discounts. Michigan offers progressively better discounts for progressively prompter payment.

Sales

TaxConnex

JANUARY 11, 2022

Origin and destination sourcing figure big in South Carolina. In Maryland, the shipping charge becomes taxable when it’s combined with handling. Give a buyer in Louisiana the option to contract separately for shipping and the cost becomes tax-exempt.

Sales

CPA Practice

APRIL 25, 2023

A South Carolina return preparer has pleaded guilty, after his jury trial had begun, to two counts of filing false tax returns. Attorney Adair Boroughs for the District of South Carolina and Special Agent in Charge Donald Trey Eakins of IRS-Criminal Investigation, Charlotte Field Office, made the announcement.

South Carolina

Cherry Bekaert

MAY 27, 2024

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.

South Carolina

Accounting Today

SEPTEMBER 6, 2023

The IRS is giving South Carolina residents impacted by the storm later filing and payment dates.

South Carolina

TaxConnex

MAY 19, 2022

South Carolina voters may approve a local option tax through county referendum. Recent examples include: Arizona counties and cities can charge an additional local sales tax and the state also has more than 500 special jurisdictions with local sales taxes in addition to the state sales tax.

Alaska