On Tuesday, October 13, New Jersey Governor Phil Murphy announced $100 million in relief will be available for businesses hit hard by the COVID-19 pandemic. This aid is allocated from…
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On October 8, 2020, the Small Business Administration (SBA), in conjunction with the U.S. Treasury Department, issued its latest Interim Final Rule. To streamline and simplify the loan forgiveness process,…
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Parsippany, NJ, September 3, 2020 – SAX is proud to announce its inclusion on INSIDE Public Accounting’s (IPA) list of the Best of the Best Firms for 2020. The Best…
read more While Hamlet may have hypothesized over the famous query “To Be or Not to Be?”, Paycheck Protection Program (PPP) borrowers have an undisputed desire to maximize loan forgiveness. As such,…
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At the start of 2020, no one could have expected what lie ahead. The effects of the global pandemic have touched everyone, including significantly impacting our businesses. In order to…
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On July 31, 2020, the U.S. Department of Health and Human Services (HHS) granted another opportunity for healthcare providers to apply for the Provider Relief Fund (PRF) under Phase 2,…
read more On August 14, 2020, the U.S. Department of Health and Human Services (HHS) provided details on the Provider Relief Fund reporting requirements. The Provider Relief Fund (PRF) was allocated $175…
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As small businesses continue to seek credit and financing opportunities to stem the tide of the COVID-19 pandemic, the Small Business Administration (SBA) has taken further action to boost the…
read moreSince the onset of the pandemic, Sax’s Recovery Task Force has hosted over 15 recovery updates aimed at disseminating the on-going information released at the federal and state level to…
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The Coronavirus Aid, Relief, and Economic Security (CARES) Act waives required minimum distributions (RMDs) from defined contribution tax-qualified retirement plans and IRAs (including inherited IRAs) for 2020. This includes 2019…
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