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Accounting and Bookkeeping Services in South Carolina
1-800Accountant, America’s leading virtual accounting firm for small businesses, effortlessly manages your demanding, time-intensive bookkeeping and accounting tasks with comprehensive services tailored to enhance and expand your small business.
Our Accounting Services for South Carolina Small Businesses
Business Tax Preparation: Have your taxes prepared and filed by a CPA who specializes in your industry. Entrust the complexities of South Carolina tax preparation to our CPAs, who have more than 17 years of experience on average, so you can enjoy peace of mind about your business tax situation and save thousands annually.
Bookkeeping: Bolster your financial base and control your cash flow with meticulous, error-free bookkeeping done for you that saves time and yields valuable data-driven insights. This detailed approach offers optimal tools for analyzing data with easy-to-understand reporting, enabling your accountant to develop essential financial models.
Tax Advisory: Business tax considerations don't end in April. Through our affordable tax advisory service, you can receive the guidance you need when you need it year-round from a dedicated small business CPA. Strategic planning helps reduce your business tax liability in South Carolina throughout the year while ensuring compliance.
Payroll: Free up hours each pay period with our comprehensive payroll service handled for you with regular tax submissions to the state. This allows you to concentrate on other business areas without the hassle of doing payroll yourself.
Business Formation: Reap the benefits of officially registering your business in South Carolina with our complimentary incorporation service. You cover the state fees, and we handle everything else. This puts you on a path to hiring staff, opening a business bank account, and enjoying an optimized business tax structure for maximum tax savings.
South Carolina Corporate Tax Rates and Brackets
| Corporate Tax Rate | Corporate Tax Bracket |
|---|---|
| 5.0% | $0 |
When Do You Have to File Business Tax Returns in South Carolina?
| Partnerships Due Date - Annual Returns | C-Corp Tax Due Date - Annual Returns | S-Corp Tax Due Date - Annual Returns |
|---|---|---|
| The 15th day of the third month after fiscal year end | The 15th day of the fourth month after fiscal year end | The 15th day of the third month after fiscal year end |
LLC Renewal Dates and Fees in South Carolina
| How Often Do You Have to Renew Your LLC? | LLC Formation Filing Fee | LLC Yearly/Biennial Filing Fee |
|---|---|---|
| Annually | $110 | $0 |
Single Filers - South Carolina Tax Rates and Brackets
| Single Filer Rates | Single Filer Brackets |
|---|---|
| 0.00% | $0 |
| 3.00% | $3,460 |
| 6.40% | $17,330 |
Single Filers - South Carolina Exemptions and Deductions
| Standard Deduction (Single) | Personal Exemption (Single) |
|---|---|
| $14,600 | n.a. |
Married Filing Jointly - South Carolina Tax Rates and Brackets
| Married Filing Jointly Rates | Married Filing Jointly Brackets |
|---|---|
| 0.00% | $0 |
| 3.00% | $3,460 |
| 6.40% | $17,330 |
Married Filing Jointly - South Carolina Exemptions and Deductions
| Standard Deduction (Couple) | Personal Exemption (Couple) |
|---|---|
| $29,200 | n.a. |
What to Look for in South Carolina Accounting and Bookkeeping Services
When picking an accountant or bookkeeper for your South Carolina small business, you should consider these factors:
Deep Knowledge of South Carolina's Tax Incentives: Look for a financial professional who can navigate the state's specific tax incentives like the Job Development Credits or Investment Tax Credits, which is crucial for businesses in aerospace and automotive manufacturing.
Familiarity with Coastal and Rural Business Dynamics: Choose an accountant who understands the financial nuances of operating in South Carolina's coastal areas, which are dependent on the tourism and hospitality industries, versus rural regions focused on agriculture and textiles.
Expertise in State-Specific Sales Tax Rules: Ensure your prospective accountant is adept at handling South Carolina's varied sales tax rules, including exemptions and special rates for different types of products and services.
Experience with Local Economic Development Zones: Opt for a tax professional knowledgeable about the benefits and requirements of operating within South Carolina's Opportunity Zones or Enterprise Zones, which offer additional tax and financial advantages.
Proven Track Record with South Carolina's Regulatory Environment: Select an accountant or bookkeeper with a successful history of guiding businesses through the complexities of South Carolina's regulatory and legal landscape, including labor laws and environmental regulations.
Serving Small Businesses Throughout the Entire State of South Carolina
- Columbia
- Charleston
- Clemson
- Myrtle Beach
- Florence
- Rock Hill
- Hilton Head
- Lexington
“I’ve been fortunate to have great accountants who care, get back to me very timely, and believe they do a great job getting the most money back they are able to.”
Sal
Actual customer testimonial. Photo is illustrative only.
Additional South Carolina Accounting Resources:
Virtual Bookkeeping: How To Find the Best Online Bookkeeper
CPA vs. Tax Preparer: Which Is Best for Your Business?
10 Common Small Business Tax Questions Owners Are Asking
Talk to a business tax expert today for all your tax needs in South Carolina.
*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.
*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.
*Historical first-party data.