IRS Updates Contingency Plan as Government Shutdown Continues
Posted Oct. 9 at 2:14 p.m. EST The IRS released an updated FY 2026 Lapsed Appropriations Contingency Plan on Oct. 8, effective through April 20, 2026, in response to the ...
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IRS Releases FY 2026 Shutdown Contingency Plan
Posted Sept. 30 at 2:35 p.m. EST On Sept. 29, the Internal Revenue Service (IRS) released its FY 2026 Lapsed Appropriations Contingency Plan in anticipation of a potential government shutdown on October 1, ...
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SCDOR: New Guidance on Sales Tax Exemptions for Farmers
Author: South Carolina Department of Revenue, ReveNews Farmers can benefit from a variety of Sales Tax exemptions if they understand how to properly claim them. The South Carolina Department of Revenue (SCDOR) ...
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Get the Information You Need from the SCDOR
South Carolina Department of Revenue This article originally appeared in the Summer 2025 issue of the South Carolina CPA Report Do you ever have a question for the South Carolina Department ...
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When Was the Last Time You Looked at the Internal Revenue Code?
Author: J. William Strickland, CPA, J.D. This article originally appeared in the Summer 2025 issue of the South Carolina CPA Report The Internal Revenue Code—do your eyes gloss over? Do you need ...
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AICPA Seeks Guidance on Small Business Domestic Research Tax Costs in H.R. 1
In a comment letter to the Internal Revenue Service (IRS) and Treasury, the American Institute of CPAs (AICPA) requested immediate guidance on enacted Section 174A, which relates to the treatment ...
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Disaster Relief Bill Approved by Senate, AICPA Responds
The U.S. Senate unanimously passed the Filing Relief for Natural Disasters Act, following the House’s unanimous approval earlier this year. The bill now moves to the President’s desk for signature. ...
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ERC Enforcement Under the One Big Beautiful Act – Third Time’s the Charm?
Prose by Tax Pros Author: Hale Sheppard, partner at Eversheds Sutherland This article was published in Tax Analysts. Given the long list of enforcement tools already available to IRS, savvy ...
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View from the Dome June 6, 2025
Governor Henry McMaster issued his line-item vetoes of the state budget this past Wednesday, signaling the final act of the legislative session, as it is unlikely the General Assembly will ...
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SCDOR: Clarendon County’s School District Tax is Expiring
Author: South Carolina Department of Revenue Beginning July 1, Clarendon County’s Sales Tax rate will be 7%. Clarendon County’s 1% School District Tax will expire June 30. Why it matters: Filing ...
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