Bill that would align SC tax code with federal tax code moves out of Senate committee

A bill that would align South Carolina’s tax code with the federal has moved out of the Senate Finance Committee.

Big beautiful refund? 5 tax code changes that may put more money in your pocket

Higher income taxpayers – those with modified adjusted gross income exceeding $500,000, or $250,000 for those married filing separately – won’t be able to take full advantage of the $40,000 deduction.

1.2M tax returns have been filed in SC. Will those returns have to be amended?

The Senate Finance Committee has pushed forward an annual tax conformity bill with less than a month until the income tax ...
WIS TV

SC lawmakers racing to align state tax code with new ‘One Big Beautiful Bill’ federal deductions

COLUMBIA, S.C. (WIS) - South Carolina taxpayers could be facing higher tax bills due to a mismatch between federal and state tax codes. After the “One Big Beautiful Bill” was passed in July 2025, ...
JD Supra

One Big Beautiful Bill Act, H.R. 1 – 119th Congress (2025-2026): Part IV – The Qualified Business Income Deduction / Code Section 199A

In this fourth installment of my multi-part series on the One Big Beautiful Bill Act (the “Act”), Steve Nofziger and I discuss a provision of the Act that impacts pass-through business entities and ...
JD Supra

One Big Beautiful Bill Act, H.R. 1 – 119th Congress (2025-2026): Part VI – Corporate Charitable Deductions / A Floor Has Been Added to Code Section 170(b)(2)(A)

In this sixth installment of my multi-part series on the One Big Beautiful Bill Act (the “Act”), I discuss a provision of the Act that impacts the deductibility of corporate charitable gifts under ...