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,…
read more2020 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…
read moreYour healthcare practice is on the road to recovery and you can start to see the light at the end of the tunnel. Now you need to turn your attention…
read moreIn an effort to target smaller businesses, the Biden-Harris administration announced changes to the Paycheck Protection Program (PPP). From Wednesday, February 24, 2021 – March 10, 2021, businesses with 20…
read moreAs a reaction to the economic conditions of the COVID-19 pandemic, the federal government has established a series of relief packages for businesses, including the Paycheck Protection Program (PPP).
read moreDue to legislation passed in late December 2020, eligible employers with a Paycheck Protection Program (PPP) loan can now claim the employee retention credit (ERC) when they previously could not.
read moreThe New Jersey Economic Development Authority (NJEDA) recently announced that the date for pre-registration for Phase 2 of its Small Business Emergency Assistance Loan Program, which was originally scheduled to…
read moreQuick Recap On the evening of January 19, the IRS issued Notice 2021-10 that provides additional relief by extending certain deadlines for investing in Qualified Opportunity Funds (“QOFs”) and relaxed…
read moreOn January 19, 2021, the Small Business Administration (SBA) released the revised Form 3508S for First Draw and Second Draw Paycheck Protection Program (PPP) borrowers seeking forgiveness on loans of…
read moreWith the recent re-opening of the Paycheck Protection Program (PPP) portals for all borrowers, the Small Business Administration (SBA), in conjunction with the U.S. Treasury Department, has been busy issuing…
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