Taxes April 1, 2026
South Carolina Governor Signs Income Tax Reform Bill
Gov. Henry McMaster signed legislation that sets a course to eliminate the state income tax over the course of an unspecified number of years.
Accounting November 17, 2025
South Carolina Accountant Guilty in Theft of $300K from Lawsuit-Hit Restaurants
A jury in federal court on Nov. 5 convicted Melodie Turner—the bookkeeper for All In Restaurant Group, which owns the restaurants Boku and Publico—of one count of wire fraud and one count of money laundering.
Accounting May 8, 2025
South Carolina Treasurer’s Office Under Investigation by State’s Inspector General
The investigation follows a House decision not to take up a Senate resolution to remove Curtis Loftis as state treasurer this year over a $1.8 billion accounting error.
Accounting April 21, 2025
South Carolina Senate Votes to Oust State Treasurer Curtis Loftis Over $1.8B Accounting Error
The state Senate voted April 21 to oust South Carolina Treasurer Curtis Loftis over a yearslong accounting error, leaving the statewide official a vote by the House away from being removed from office for willful neglect of duty.
Accounting April 11, 2025
South Carolina Treasurer Asks State Supreme Court to Stop Senate Hearing Over $1.8B Accounting Error
Facing a vote in the state Senate to remove him from office, South Carolina Treasurer Curtis Loftis is asking the state Supreme Court to stop the planned hearing in the General Assembly’s upper chamber.
Accounting April 8, 2025
After $1.8B Accounting Error, South Carolina Looks to Change External Auditor
South Carolina lawmakers want to move on from outside independent auditor CliftonLarsonAllen after a 20-year relationship.
Accounting March 26, 2025
South Carolina Treasurer Accused of Violating Federal, State Law in Scathing Report on $1.8B Accounting Error
In a scathing report into the $1.8 billion accounting error where a South Carolina Senate Finance panel recommended removal of Treasurer Curtis Loftis, senators alleged the treasurer is in violation of federal law.
Accounting March 21, 2025
After $1.8B Accounting Error, Senate Report Likely to Suggest Removal of South Carolina’s Treasurer
South Carolina Senate Finance Committee members investigating a $1.8 billion accounting error on the state’s books will likely recommend Treasurer Curtis Loftis be removed from office for willful neglect of duty.