General News

EFFECTIVE OCT 29: NEW JERSEY PAID SICK LEAVE MANDATE

EFFECTIVE OCT 29: NEW JERSEY PAID SICK LEAVE MANDATE 150 150 SAX - Advisory, Audit and Accounting

  UPDATE: NEW JERSEY PAID SICK LEAVE   The New Jersey paid sick leave mandate will take effect on October 29, 2018, and below is the prior email blast we…

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Ermal Luzaj Awarded NJBIZ’s 40 Under 40

Ermal Luzaj Awarded NJBIZ’s 40 Under 40 150 150 SAX - Advisory, Audit and Accounting

Ermal Luzaj, Sax Partner and Head of the firm’s Construction Practice, was recently awarded NJBIZ‘s 40 Under 40 award for his accomplishments at a young age, and his passion and…

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IT Alert: Cybercriminals Are Taking Advantage of Tax Season

IT Alert: Cybercriminals Are Taking Advantage of Tax Season 150 150 SAX - Advisory, Audit and Accounting

A Message from Matt, SAX’s Chief Technology Officer There is a new wave of phishing emails (an attempt made by cybercriminals to obtain sensitive data through digital communications) aimed specifically…

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New Lease Accounting Standard’s Impact on Operating Leases

New Lease Accounting Standard’s Impact on Operating Leases 150 150 SAX - Advisory, Audit and Accounting

The Financial Accounting Standards Board (FASB) has issued a new lease accounting standard, ASC 842, intended to improve financial reporting about leasing transactions. The new standard will have a significant…

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Stuart Berger Selected as NJBA Associate of the 2nd Quarter

Stuart Berger Selected as NJBA Associate of the 2nd Quarter 150 150 SAX - Advisory, Audit and Accounting

Congratulations to Sax Partner Stuart Berger who has been named New Jersey Builders Association‘s (NJBA) Associate of the 2nd Quarter. He has been an active member of the association since…

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Crain’s: SAX Makes Top 30 Accounting Firms in the New York Area

Crain’s: SAX Makes Top 30 Accounting Firms in the New York Area 150 150 SAX - Advisory, Audit and Accounting

We are proud to announce that SAX has been named to the list of New York area’s largest accounting firms by Crain’s New York Business which publishes this list annually.…

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Tax Alert: Framework Revealed for American Tax Reform

Tax Alert: Framework Revealed for American Tax Reform 150 150 SAX - Advisory, Audit and Accounting

The Trump Administration released the “Unified Framework” for tax reform on September 27, 2017, which serves as a template for the tax-writing committees to develop tax legislation. The key initiatives…

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Mid-Year Payroll Changes: Effective July 1, 2017

Mid-Year Payroll Changes: Effective July 1, 2017 150 150 SAX - Advisory, Audit and Accounting

There are a few payroll changes in New York City, New York State, and Philadelphia that took effect on July 1. The overview of those items is as follows: New…

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Bonus Depreciation Phase Out Begins in 2018

Bonus Depreciation Phase Out Begins in 2018 150 150 SAX - Advisory, Audit and Accounting

Bonus depreciation is a valuable tax-saving tool for businesses, as it provides the ability to claim accelerated first-year depreciation deductions for qualifying assets. With the Protecting Americans from Tax Hikes…

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NEW YORK STATE DEPARTMENT OF LABOR REVISES MINIMUM WAGE & OVERTIME RULES

NEW YORK STATE DEPARTMENT OF LABOR REVISES MINIMUM WAGE & OVERTIME RULES 150 150 SAX - Advisory, Audit and Accounting

New York labor laws were amended on December 31, 2016, and the changes could potentially affect all employers operating in the state.  Review the details of the amendments below to…

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