Scott and Company LLC

10/20/2026

South Carolina recently updated how individual income tax is calculated — new rates, new rules, and a few details worth knowing before you file next year.

The headline is a lower top rate, but the way your tax is calculated has changed too, so the actual impact varies from person to person.

In this month’s Columbia Business Monthly, our Managing Member, John Price, CPA, walks through exactly what changed and shares a side-by-side example comparing the old rules to the new ones.

Take a look at the article—and if you’d like help figuring out what it means for your return, we’re happy to talk it through.

➡️ https://scottandco.com/blog/south-carolina-individual-income-tax-for-2026-and-beyond

Hiring almost always feels like the right move. You need help, you set a salary, you make the offer. But the number on that offer letter rarely tells the whole story. By the time you add payroll taxes, benefits, software, equipment, and the hours your team spends onboarding someone new, a "$70,000 h...

10/08/2026

These 2 Strategies Can Help Smart Retirees Win at Tax Planning

In the next generation of tax planning, retirees who combine direct indexing and tax-loss harvesting could minimize what they pay Uncle Sam and keep more of their wealth.

➡️ Read here: https://www.kiplinger.com/taxes/tax-planning/tax-loss-harvesting-and-direct-indexing-strategies-for-retirees

A tax planning strategy that combines direct indexing and tax-loss harvesting could help retirees minimize what they pay Uncle Sam and keep more of their wealth.

09/28/2026

⏰ Quick reminder: there's still time to vote for Scott and Company in Best of Columbia 2027!

Thank you to everyone who has already voted. We're honored to be nominated in the Certified Public Accounting Firms category. 🎉

🔗 Vote here: https://columbiametro.com/best-of-columbia-ballot/

Go to SERVICES → Best Certified Public Accounting Firm
Voting closes October 13. Thank you, Columbia!

09/15/2026

The Scott and Company team traded spreadsheets for arcade games after hours — a great reminder that the best teams know how to celebrate together, not just work together.

Grateful for a group that brings as much focus and fun to friendly competition as it does to client success.

09/01/2026

Scott and Company has been nominated for Best of Columbia 2027 in the Certified Public Accounting Firms category! 🎉

🔗 If you'd like to cast a vote, the ballot is here: https://columbiametro.com/best-of-columbia-ballot/

(Scroll to SERVICES → Best Certified Public Accounting Firm.)
Voting closes October 13. Thank you, Columbia!

08/26/2026

🎉 Scott and Company has been named a South Carolina 2026 Best Places to Work — our 12th year on this list! 🎉

We're proud to finish 4th in the Small Employer category. Thank you to our team for building an accounting firm culture centered on excellence, collaboration, and growth — the same values we bring to serving our clients every day!

08/06/2026

✨Nearly 20 years and counting!

That's how long Riverbanks Zoo and Garden here in Columbia has trusted Scott and Company CPAs with their audit and tax needs — and we couldn't be more proud of that relationship.

In their words: "Thorough, professional and responsive. Scott and Company is the missing puzzle piece to complete our financial team."🧩

Grateful to be part of the Riverbanks story and to earn that trust year after year.

Learn more about our work with Riverbanks Zoo & Garden: https://scottandco.com/about -years

07/27/2026

Audits go more smoothly when prep starts early. That's why Dave Bodiford of our Assurance and Advisory team put together a year-end close checklist to take the guesswork out of getting ready. It lays out the accounts, schedules, and documents that come into play at year-end — a handy roadmap for the weeks ahead.

Consider it a preview of how we work — and a head start on a smoother close.

➡️ Access the full checklist here: https://scottandco.com/blog/financial-year-end-close-check-list

07/16/2026

𝗜𝗥𝗦 𝗠𝗶𝗱-𝗬𝗲𝗮𝗿 𝗠𝗶𝗹𝗲𝗮𝗴𝗲 𝗥𝗮𝘁𝗲 𝗨𝗽𝗱𝗮𝘁𝗲

Effective July 1, 2026, the IRS has updated the optional standard mileage rates for business, medical, and moving purposes. These revised rates remain in effect through the end of 2026.

📊 New rates (July 1 – Dec 31, 2026):

• Business: $0.76 per mile
• Medical and Moving: $0.235 per mile
• Charitable: $0.14 per mile

For the first half of 2026 (Jan 1 to June 30), the rates were $0.725 for business, $0.205 for medical/moving, and $0.14 for charitable.

🔹 Full details and guidelines are available via the Internal Revenue Service: https://www.irs.gov/irb/2026-29_irb -2026-11

07/07/2026

📈 Your 40s aren't just another decade — they're a critical pivot point for building real wealth. This breaks down how to make sure your savings, investments, and debt strategy are all working toward your long-term goals, plus why shifting from "set it and forget it" to intentional planning makes all the difference now.

🔗 https://www.kiplinger.com/personal-finance/how-to-save-money/an-essential-money-checklist-for-your-40s

Your 40s can set the stage for the rest of your financial life. Discover wealth-building strategies that your future self will thank you for.