General News

Tax Alert: Electing Out of Advance Child Tax Credit Payments in 2021

Tax Alert: Electing Out of Advance Child Tax Credit Payments in 2021 400 400 SAX - Advisory, Audit and Accounting

Important changes to the Child Tax Credit will help many families get advance payments of the credit starting this summer. The IRS will pay half the total credit amount in…

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ADDITIONAL RELIEF ANNOUNCED FOR NEW JERSEY SMALL BUSINESSES & INDIVIDUALS

ADDITIONAL RELIEF ANNOUNCED FOR NEW JERSEY SMALL BUSINESSES & INDIVIDUALS 400 400 SAX - Advisory, Audit and Accounting

On May 7, 2021, New Jersey Governor Phil Murphy announced an additional $275 million in aid is on its way for small businesses and individuals hit hard by the COVID-19…

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SBA CEASES ACCEPTANCE OF MOST NEW PPP APPLICATIONS

SBA CEASES ACCEPTANCE OF MOST NEW PPP APPLICATIONS 400 400 SAX - Advisory, Audit and Accounting

On May 4, 2021, the Small Business Administration (SBA) announced that the funds allocated to the Paycheck Protection Program (PPP) general fund had been exhausted.  While Congress recently reached an…

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SAX LAUNCHES “SAX CAPITAL ADVISORS” TO FURTHER ENHANCE SUITE OF BUSINESS ADVISORY SERVICES

SAX LAUNCHES “SAX CAPITAL ADVISORS” TO FURTHER ENHANCE SUITE OF BUSINESS ADVISORY SERVICES 400 400 SAX - Advisory, Audit and Accounting

Parsippany, NJ, May 6, 2021 –– Top 100 accounting, tax and business advisory leader, SAX, has officially announced the launch of Sax Capital Advisors, which adds an Investment Banking Practice…

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Sax Marks 65th Anniversary with the Unveiling of Redesigned Website

Sax Marks 65th Anniversary with the Unveiling of Redesigned Website 400 400 SAX - Advisory, Audit and Accounting

Parsippany, NJ Headquarters, May 4, 2021 – Top 100 accounting, tax and advisory firm, SAX, is proud to unveil its newly redesigned website at www.saxadvisorygroup.com as the firm celebrates its…

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Restaurant Revitalization Fund (RRF) Must Know Topics

Restaurant Revitalization Fund (RRF) Must Know Topics 400 400 SAX - Advisory, Audit and Accounting

The Restaurant Revitalization Fund is a critical and exciting opportunity for the restaurant industry.  While it’s another helpful program, it also requires attention to detail.  Below are the topics you…

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Paycheck Protection Program Deadline Extended

Paycheck Protection Program Deadline Extended 400 400 SAX - Advisory, Audit and Accounting

President Biden signed the PPP Extension Act of 2021 into law on March 30, 2021, extending the date borrowers may apply for funding from March 31, 2021 to May 31,…

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SBA Targets Early April Opening of Restaurant Revitalization Fund Application Process

SBA Targets Early April Opening of Restaurant Revitalization Fund Application Process 400 400 SAX - Advisory, Audit and Accounting

The U.S. Small Business Administration (SBA) is targeting early April to launch a phased rollout of the $28.6 billion Restaurant Revitalization Fund (RRF) that was established by the American Rescue…

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IRS Extends Tax Filing Deadline for 2020 Individual Returns

IRS Extends Tax Filing Deadline for 2020 Individual Returns 400 400 SAX - Advisory, Audit and Accounting

The Treasury Department and Internal Revenue Service announced that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15,…

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Sax’s 2020 Year in Review

Sax’s 2020 Year in Review 150 150 SAX - Advisory, Audit and Accounting

2020 was filled with headlines. We invite you to take a look back at Sax’s unprecedented year with our Year in Review that recaps our recent accolades, internal enhancements, our leadership…

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SAX - Advisory, Audit and Accounting