South Carolina news

A&A

Bramwell's Lunch Beat: KPMG's Best Year Ever

Here are "Bramwell's Lunch Beat" menu items for December 13.
Tax

Crime Watch: December 13, 2013

Rathana Ung, the former director and officer of Lim's Income Tax and Lim's Tax, Inc., was sentenced to twelve months and a day imprisonment, one year of supervised release, and ordered to pay $103,736 in restitution to the IRS.
Education & Careers

Prepping Future CPAs: AICPA Awards Innovative Teaching

Firm leaders who want to know how the latest generation of CPAs are prepared to enhance their business and meet the demands of a "dynamic marketplace" need to look no further than the college accounting classroom.
Tax

Crime Watch: August 30, 2013

The Justice Department announced August 20 that Teresa Marie Marty, Charles Tingler, and Victoria Tingler have been charged with conspiracy to defraud the United States and filing multimillion-dollar liens against government officials.
Tax

Employers in Seventeen States May Face Higher FUTA Tax Rates

Because seventeen states and the Virgin Islands have had an outstanding federal unemployment insurance loan for at least two years, employers in those jurisdictions may not be able to claim the maximum amount of state unemployment tax credits on their 2013 FUTA tax return.
Tax

Many States Offer Back-to-School Sales Tax Holidays in 2013

Did you know there are seventeen states where state sales tax charges are temporarily dropped on back-to-school items, such as clothing, footwear, classroom supplies, computers, and certain other products?
Tax

Crime Watch: July 25, 2013

A former manager of an H&R Block Preparation store has been sentenced to twelve months and one day in federal prison for using the identities of former tax preparation clients to file false returns with the IRS seeking fraudulent income tax refunds.
Tax

Internet Sales Tax Clears Senate Hurdle

New legislation authorizing the states to collect sales tax from companies peddling their wares online breezed through the Senate on May 6 by a wide 69-27 margin. But the Marketplace Fairness Act is expected to face much tougher opposition in the Republican-controlled House of Representatives.
Practice

Mix of Old and New Comprise 2014 Vault Accounting 50

Vault.com released its 2014 Vault Accounting 50, a ranking of the fifty best accounting firms in the nation to work for. The survey asked more than 7,900 accountants to assess their peer accounting firms on a scale of one to ten based on prestige and quality of life factors.
Practice

Johnstone, Graydon & Thompson to Merge with Scott and Company

The South Carolina CPA firms of Johnstone, Graydon & Thompson CPAs, PA and Scott and Company, LLC have entered into a letter of intent to merge on June 30, 2013.
Tax

Crime Watch: February 12, 2013

Hedge fund manager and CPA administrator Jonathan Davey was convicted by a jury in Charlotte, North Carolina, on February 8 for a $40 million Ponzi scheme. Ten other defendants were also convicted in the case.
Tax

Crime Watch: January 24, 2013

A tax return preparer in Florida allegedly falsified tax returns that cost the US Treasury more than $17 million. After examining over 250 tax returns, the IRS found that over 90 percent understated the taxpayer's liability.
Education & Careers

AICPA Honors Top Accounting Educators

On October 18, the American Institute of CPAs (AICPA) honored some the best and brightest forward-thinking educators when it announced the 2012 recipients of three accounting curriculum awards.
Practice

Company Announcements: Week of October 29, 2012

Following is the latest roundup of community news for the week of October 29, 2012.
Community News

2012 SCACPA 'Women to Watch Award' Winners

The "Women to Watch Award," which is cosponsored by the AICPA and the SCACPA, highlights the accomplishments of women in the CPA profession. This year's three winners were recognized at the Women in Leadership Conference.
Education & Careers

Five Receive CalCPA Women to Watch Awards

The CalCPA honored five CPAs with its Women to Watch Awards for 2012 during ceremonies at the "Women's Leadership Forum" at the Ritz-Carlton September 27. The awards recognize service and contributions to the CPA profession.
AccountingWEB Life

Survey Finds Americans Out of Touch with How Much They Spend

A new survey conducted by Rasmussen Reports for the Consumer Federation of America ? the COUNTRY Financial Security Index - shows a gap between what Americans think they're spending and what's happening in reality.
AccountingWEB Life

Smashing the Clock: Conference Focuses on Results-Only Workplace

On April 29, forward-thinking CPAs attended the THRIVEal +CPA Network online conference to explore a revolutionary idea in the accounting world: replacing the profession's conventional billable hours and "presenteeism" work culture with a results-only work environment (ROWE).
Education & Careers

AICPA: 2011 Elijah Watt Sells Award Winners Announced

The American Institute of Certified Public Accountants has announced the winners of the 2011 Elijah Watt Sells Award. Thirty-seven students received this honor.
Community News

Elliott Davis Named among "Healthiest Employers of Greater Charlotte"

Elliott Davis, a Charlotte-based accounting, tax, and consulting services firm, has been named one of the "Healthiest Employers of Greater Charlotte." A second annual awards event, which honored the area's most outstanding health and wellness programs, was held at the Charlotte Convention Center March 21.

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