Genuine Learning Blog: FASB Proposed Changes to Hedge Accounting
GFOA explores rethinking financial reporting to enhance usability and efficiency, addressing limited audience engagement with annual government financial reports.
From CNA: Coverage Considerations: Services Related to the Corporate Transparency Act
With the implementation of the Corporate Transparency Act (CTA), accounting firms may find themselves in a new area of service: helping clients comply with beneficial ownership reporting. As firms step into this space, it’s crucial to understand the extent of liability coverage. CNA, a leading provider of professional liability insurance, generally covers these services under …
View From the Dome | October 18, 2024
Provided by Copper Dome Strategies, LLC State economists met to review tax revenue and discuss the state of our economy. A Senate committee met to discuss the state’s growing energy needs. A state agency announced a new director. South Carolina First Steps, the state’s public-private partnership for early childhood education, announced that Ann Vandervliet has …
IRS Offers Tax Relief for Victims of Hurricane Helene
By Larry Pon, CPA, EA, USTCP, CFP, PFS, AEP The IRS has announced tax relief for individuals and businesses affected by Hurricane Helene. Here are the key details to help you guide your clients through this recovery process. Who Qualifies? Tax relief applies to residents and businesses in Alabama, Georgia, North Carolina, South Carolina, and …
SCACPApalooza Backstage Preview | Playing by the Rules: Keeping HR Compliance in the Workplace
Tune in to a sneak peek of SCACPApalooza! This week, we’re turning up the volume on Kelli Long from KG Workforce. She’s ready to rock the stage with an essential session on HR Compliance, covering everything from preventing harassment and discrimination to navigating workplace regulations. KG Workforce will also have a booth at this year’s …
Genuine Learning Blog: Proposed Ethics Interpretation: 529 Plans
GFOA explores rethinking financial reporting to enhance usability and efficiency, addressing limited audience engagement with annual government financial reports.
Support Hurricane Helene Recovery: Trusted Donation Opportunities for CPAs
Hurricane Helene has devastated parts of the Carolinas. While the road to recovery will be long, our community can help rebuild. As part of CPA Month of Service, we have the opportunity to support organizations leading critical recovery efforts. Many worthy organizations are contributing to relief, but our team has identified four trusted groups making significant …
From the SCDOR: Hurricane Relief Update
The SCDOR provided this information on October 7, 2024. The SCDOR is granting relief to South Carolina taxpayers in the wake of Hurricane Helene. Several returns and payments originally due between September 25, 2024 and May 1, 2025 are now due May 1, 2025. This tax relief applies to all 46 South Carolina counties and follows the IRS’s …
Genuine Learning Blog: Financial Data Transparency Act Joint Data Standards
GFOA explores rethinking financial reporting to enhance usability and efficiency, addressing limited audience engagement with annual government financial reports.
View From the Dome | October 4, 2024
Provided by Copper Dome Strategies, LLC It has been a trying and heartbreaking week in South Carolina and across the region following the arrival of Hurricane Helene last Friday, which caused catastrophic damage. The 41 deaths attributed to Helene in South Carolina now exceed the total from Hurricane Hugo in 1989, which killed 35 after …