Tax – Page 6 – South Carolina Association of CPAs

December 6, 2024

Tax season is in full swing! Here are some helpful reminders for tax professionals.

Submitted by the SC Department of Revenue If your work as a tax professional involves helping clients file Individual Income Tax returns, you’re probably finding that each day is busier ...

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Governmental, Tax

December 5, 2024

DYK: CPAs Can File BPP Taxes Using MyDORWAY?

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Blogs, Featured, Tax

December 5, 2024

From SCDOR: State’s Top Delinquent Taxpayers paid $8.5M to State in 2021

Submitted by the South Carolina Department of Revenue Hundreds of South Carolina’s top delinquent taxpayers paid the state more than $8.5 million in 2021 after their debts were published online. ...

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Featured, Tax

December 5, 2024

From SCDOR: Is Your Client’s Hobby a Business? Tips to Help You Find Out

Submitted by the South Carolina Department of Revenue Even before the pandemic, a majority of U.S. households had a hobby that involved making a product, from artwork and furniture to ...

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Tax

December 3, 2024

From SCDOR: What to Do If Your Client Can’t Afford to Pay Their Taxes

Submitted by the South Carolina Department of Revenue If your clients have a tax bill and are worried they can’t pay, the SCDOR wants them to know they have options. ...

December 3, 2024

SCDOR Revenue Ruling 22-x: Employer Wage Withholding Requirements

Yesterday, the South Carolina Department of Revenue Policy Division released a public draft of Revenue Ruling 22-x: Employer Wage Withholding Requirements. According to the SCDOR, the purpose of this draft ...

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Tax

December 3, 2024

SCATE Card: What You Need to Know

If you have clients who buy or sell exempt agricultural products, learn more about the SCATE card. Submitted by the South Carolina Department of Revenue In February, the South Carolina ...

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Tax

November 26, 2024

Claiming the Federal Research and Development Tax Credit? Don’t Overlook the State Opportunity

Submitted by Margaret Krajcer, JD, vice president and general counsel of Tax Credits Group. TCG is a Cleveland-based firm specializing in federal and state R&D tax credits and the Employee ...

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Educate, Featured, Regulatory, Tax

November 26, 2024

Label Doesn’t Determine Rental Self-Employment Tax Exclusion and 4 more topics! Nichols’ Tax Update, Issue 22-1

Nichols’ Tax Update, Issue 22-1 Contact the author . . . e-mail . . . lynnnicholscpa@outlook.com I have relied on Tax Analysts® to provide reliable and timely analysis of Federal tax developments for ...

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Educate, Regulatory, Tax

November 26, 2024

Guidance Implements Termination of Employee Retention Credit and 4 more topics! Nichols’ Tax Update, Issue 21-49

Nichols’ Tax Update, Issue 21-49 Contact the author . . . e-mail . . . lynnnicholscpa@outlook.com I have relied on Tax Analysts® to provide reliable and timely analysis of Federal tax developments for ...

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