Costly drive to curb white collar crime weighs on business
Business leaders accept white collar crime as a cost of doing business while officials push record keeping reporting and prosecutions to deter a rate that has doubled since 1974. A Columbia seminar featured Robert E Shepherd noting prosecutions are costly yet essential to deter crime.
MENTIONED IN THIS ARTICLE
Robert E. Shepherd
U.S. Department of Commerce
Columbia
Shepherd
Washington
South Carolina faces outdated laws and weak magistrates
South Carolina relies on common law with embezzlement not a crime in private cases. Ned Forney notes magistrates show literacy gaps and high turnover. He warns merchants risk warrants and fraudulent check charges, while magistrates may not honor requests and fees vary, implying soon equalized costs.
MENTIONED IN THIS ARTICLE
South Carolina
Ned Forney
South Carolina Court Administration
Columbia
Forney
Tax Breaks Available For Many Workers
The South Carolina Association of Certified Public Accountants outlines deductible job expenses. Mileage deductions apply up to 15 000 miles at 17 cents per mile and 10 cents thereafter. Moving costs and education, job hunting, and home office use may also be deductible or claimed as adjustments even without itemizing.
MENTIONED IN THIS ARTICLE
The
South Carolina Association of Certified Public Accountants
Internal Revenue Service
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