Income and property taxes could both go down for some South Carolina residents next year under dual bills advanced out of a ...

South Carolina’s income tax system is meant to eventually switch to a flat tax rate over time and then eventually phase out ...

The current legislation, which has been in place for decades, reduces a home's value by about $50,000 for property tax ...

Significant changes to property tax relief for South Carolina seniors moved closer to reality this week as state senators advanced a bill that would substantial ...

Finance Committee chairman Sen. Harvey Peeler proposes doubling a property tax exemption and lower the homestead age to 60.

Navigating the complexities of state taxes can be daunting, but understanding South Carolina's tax landscape is essential for residents and newcomers alike. In this guide, we'll explore key components ...

When South Carolina counties conduct reassessments, they create an opportunity for local governments to raise their property tax revenue while also being able to claim they didn’t raise the tax rate.

South Carolina lawmakers are considering legislation that would tie the statewide property tax exemption available for low-income housing owned or managed by a nonprofit to the nonprofit’s percentage ...

During the first Friday, Saturday and Sunday of every August, South Carolina shoppers don’t have to pay sales tax on clothes, shoes, computers and other items traditionally purchased for back to ...