By Emerson Smith South Carolina businesses have been advised by Governor Haley’s office to register for a free credit monitoring service with Dun & Bradstreet (D&B) http://www.dandb.com/sc/or Experian http://www.smartbusinessreports.com/SouthCarolina. D&B has responded to some businesses with emails saying that the business’ credit profile is incomplete and that the business owner…
DOR expected to call off tax dogs
Two phone conversations last evening and one this morning indicate that the South Carolina Department of Revenue (DOR) will suspend its controversial sales tax ruling on contract services until the Legislature addresses the issue next year. The controversy exploded upon news last weekend that DOR was trying to collect back…
Small business tax “ambush”
When the S.C. Department of Revenue (DOR) told B.J. Rodgers that her Charleston business, Greenery Gallery, owed $42,000 is back sales taxes, she considered filing bankruptcy for her 24-year old business. Fortunately for us, she decided to fight back. In 2005, the General Assembly passed a package of changes to…