CPA Report South Carolina Association of CPAs
South Carolina Association of Certified Public Accountants Magazine Volume 42, First Edition 2012 Officers Michael R. Putich, CPA, Chair Sharon E. Mann, CPA, Chair-elect Malynda M. Grimsley, CPA, Vice Chair J. Bratton Fennell, CPA, Secretary-Treasurer Timothy L. Baker, CPA, Immediate Past Chair BOARD OF DIRECTORS William R. Barefoot, CPA Charles E. “Eddie” Brown, CPA Patrick P. Carey Jr., CPA Zoe M. Davis, CPA Amanda Hallman, CPA Suzanne Harnois, CPA Cheryl O. Lang, CPA Penny A. Lewis, CPA A.D. “Dave” Masters, CPA J. Patrick McDermott, CPA James W. McIlrath, CPA Philip R. Snipes, CPA Michael J. Targia, CPA, CFA Robert M. Tilton, CPA Beth T. Zamorski, CPA CHIEF EXECUTIVE OFFICER Erin P. Hardwick, CAE MANAGING EDITOR Maureen Taylor GRAPHIC DESIGNER Lisa S. McGee Contributing writers Emily Allen Charles M. Ayers, CPA April Blake Reva Brennan, MPA, CAE, IOM Eddie Dutton, CPA James C. Hardin III Erin P. Hardwick, CAE Mark T. Hobbs, CPA, CFF Rebecca Rish Caroline Strobel, CPA Maureen Taylor Jennifer Vozne 2012 Editorial Board Charles E. Alvis, CPA, MPA, MBA, Chair John B. Brantley, CPA Amanda S. Colgate, CPA Lisa S. Cooke, CPA Erin P. Hardwick, CAE Karen A. Hursey, CPA Lesley H. Kelly, CPA Margaret L. Lattimore, CPA Anthony G. Masino, CPA A. D. “Dave” Masters, CPA Derrick B. Stark, CPA V. Carroll Webster, CPA, MBA
Features 11 14 16
New Initiatives in IRS-CI International Highlight Global Partnerships IRS-DOR Annual Meeting AICPA National Tax Conference
In This Issue 4 An Interview with SCACPA’s 2012 Chair 18 Despite Effects of Estate Tax Relief, Trusts Remain an Attractive Planning Tool - Part II 21 Ethically Speaking 22 A Look Back at the 2011 CPA Summit 23 Your 2012 Board of Directors 24 South Carolina’s New CPAs 25 SCACPA Members Recognized for Achievements in the Profession, Community 26 28 30 33
Scholarships Awarded to 20 Accounting Majors SCACPA 2012 Committee & Task Force Chairs 2011 Fall Conferences in Review 2012 Lifetime Members
In Every Issue 6 8 20 32
Association News On Your Behalf Board of Accountancy News Member News
33 34 35 38
Welcome New Members Chapter Connections Upcoming CPE Classifieds/Advertiser Index
Statements of fact and opinion are made by the authors alone and do not imply an opinion on the part of the officers or members of SCACPA. Advertising rates will be furnished on request to SCACPA, 570 Chris Drive, West Columbia, SC 29169, (803) 791-4181. Publication of an advertisement in The CPA Report does not constitute an endorsement of the product or service by The CPA Report or SCACPA. (888) 557-4814 | www.scacpa.org
South Carolina CPA Report
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