For the first time in a decade, the South Carolina Department of Revenue (“the Department”) has issued guidance in the form of a revenue ruling
Effective May 13, 2024, South Carolina has introduced a one-time income tax credit for those who encumber their property with a perpetual recreational trail easement.
The reporting requirements of the new Corporate Transparency Act are in effect as of January 1, 2024. The Act presents a new administrative burden for
The textile industry dominated South Carolina manufacturing starting in the post-Civil War area, but largely collapsed in the late 20th century. A result was the
Introduction After the collapse of South Carolina’s once robust textile industry, the state was littered with closed and abandoned textile mills. In 2004, the South
Many developers of property in South Carolina are applauding the recent extension of tax credits available for the rehabilitation of abandoned properties under the South
Lowcountry residents likely didn’t notice, but Jasper County, South Carolina recently grew a bit, while neighboring Beaufort County shrank. On February 7, Governor Henry McMaster
