Tax Conformity Update: Where Things Stand—and What Comes Next

| , ,

Posted on March 11 at 5:10 p.m. EST

Last week conformity was added as an amendment to House Bill 3368. Today, March 11, the bill passed the South Carolina House of Representatives. The legislation now sits with the Senate Finance Committee for consideration.

The amended bill calls for full conformity with provisions outlined in the One Big Beautiful Bill Act.

As House Bill 3368 continues through the legislative process, continue following the South Carolina Department of Revenue’s guidance, as outlined in its January 30 Information Letter.

SC.CPA continues to advocate for you on all matters related to tax conformity and remains in constant communication with our advocacy partners to keep conversations moving forward. Additional updates will be shared as the bill progresses.

Genuine Learning Blog: IFAC Private Equity Investment in Accountancy

Explore the latest IFAC report on private equity investment in accountancy and what it means for firms worldwide. ...
READ MORE

Accounting ARC Podcast: The Sandwich Generation at Work — Accounting MOVE Project 2026

In this episode of Accounting ARC, hosts Liz Mason and Byron Patrick take a deeper look at the forces shaping today’s accounting ...
READ MORE

INSIDE THE PLAYBOOK: Evaluating the Reliability of Audit Evidence – Including Electronic Evidence & Use of AI

We’re opening the playbook on the SC.CPA Cup. These aren’t just sessions — they’re game plans. Each one is built to sharpen your strategy, strengthen your positioning, and help you ...
READ MORE