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Tax Alerts

TAX ALERT: NJ Passes Laws to Combat Employment Misclassification by Businesses
TAX ALERT: NJ Passes Laws to Combat Employment Misclassification by Businesses 400 400 SAX - Advisory, Audit and Accounting

On Thursday July 8, New Jersey Governor Phil Murphy passed a series of laws targeting employment misclassification.  The state believes many businesses have shirked their payroll tax and employment obligations…

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2021 Ovation Award Winner

MELISSA O’SHEA RECEIVES NEW JERSEY SOCIETY OF CPAS 2021 WOMAN TO WATCH OVATION AWARD
MELISSA O’SHEA RECEIVES NEW JERSEY SOCIETY OF CPAS 2021 WOMAN TO WATCH OVATION AWARD 940 788 SAX - Advisory, Audit and Accounting

Parsippany, NJ, July 2, 2021 –– Top 100 accounting, tax and business advisory leader, SAX, is proud to announce the recognition of Partner, Melissa (Missy) O’Shea on the New Jersey…

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Tax Alert

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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Financial Relief

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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Paycheck Protection Program Loan

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 Capital Advisors

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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Screenshot of new Sax LLP site

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

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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PPP deadline extended

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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Restaurants

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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