General News

Apply These Three Tips to Keep Your Not-for-Profit Out of the Headlines
Apply These Three Tips to Keep Your Not-for-Profit Out of the Headlines 150 150 SAX - Advisory, Audit and Accounting

Recently, a former not-for-profit executive director from Long Island made headlines after being indicted on charges of embezzling hundreds of thousands of dollars from Human First, Inc., a social services…

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FASB Issues New Standards for Not-for-Profit Financial Reporting
FASB Issues New Standards for Not-for-Profit Financial Reporting 150 150 SAX - Advisory, Audit and Accounting

For the first time in more than 20 years, not-for-profit financial reporting will receive a much-needed makeover.  On August 18, 2016, the Financial Accounting Standards Board (FASB) issued its new…

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NJ Legislation Impacts Trustees, Trusts and Beneficiaries
NJ Legislation Impacts Trustees, Trusts and Beneficiaries 150 150 SAX - Advisory, Audit and Accounting

Recent legislation enacted by New Jersey lawmakers has a significant impact on trustees, trusts and their beneficiaries. The Uniform Trust Code (“Code”) became effective in New Jersey on July 17,…

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New Qualified Improvement Property Eligible for Bonus Depreciation
New Qualified Improvement Property Eligible for Bonus Depreciation 150 150 SAX - Advisory, Audit and Accounting

The Protecting Americans from Tax Hikes (PATH) Act of 2015 modified, extended and made permanent several provisions relating to bonus depreciation. One change that seems to have gone relatively unnoticed…

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