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Screeshot of GovPossible Assessment process showing an assessment for a business named 'I Scream'

Managing South Carolina Business License Assessments

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Learn how to effectively collect past-due license fees in South Carolina by following the assessment process outlined in Act 176, the South Carolina Business License Standardization Act. This article provides valuable insights and a downloadable tracking worksheet to help you stay organized and compliant with the process. … Read More

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Converting from SIC To NAICS Codes

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As part of South Carolina’s business license standardization, all organizations levying business license tax must make those calculations based on the business’ NAICS code. If you’re still evaluating based on SIC code, let’s look at what steps you can take … Read More … Read More

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SC Business License Standardization is Passed! Here’s What it Means for Your Municipality

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South Carolina House Bill 4431 was passed and Signed by South Carolina Governor Henry McMaster on September 30th 2020 and became act number 176 of the 2020 session. During its ratification process, we covered in a previous post what we … Read More … Read More

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SC H. 4431 Business License Bill and it’s Impact on Your City (Summer 2020 Version)

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Status Update – 7/22/2020: The legislation has passed the House and is in the Finance Committee’s hands in the Senate. At this point, the legislature is in recess and is expected to return for a final session in mid-September. According … Read More

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