New S. C. rules

[dyne]

A credit is allowable to retrofit a legal S. C. residence to make it more resistant to
loss due to hurricanes, rising floodwaters or other catastrophic events. Normal repairs
do not qualify. Such retrofit expenses only qualify if they meet regulations to be
issued by the Department of Insurance. Effective for 2007 tax year. See TC-43 form.
Code Section 12-43-220(c).



An Apprenticeship Credit is allowed by Code Section 12-6-3477 for certain individuals
employed for a least 7 months during the tax year but not more than 4 years. See TC-45.
Effective for the 2008 tax year.

[JohnH]

Premarital Counseling Credit

And don't forget the SC Premarital Counseling Credit. $50 per couple who meet the requirements (although I think this actually started in mid-2006)

[Golden Rocket]

Dyne

Dyne, been awhile since we've heard from you. I was close by your town last week (Rock Hill, SC) at a Charlotte seminar. The guy that answered you practices in Charlotte. You and John H might just know each other.

At any rate, it's been awhile. I remember you told us you were once an IRS auditor, and sometimes this experience can give a unique perspective on some of these discussions. Good to have you visit us again.