General News

INFRASTRUCTURE ACT HALTS Q4 2021 EMPLOYEE RETENTION CREDIT FOR MANY EMPLOYERS

INFRASTRUCTURE ACT HALTS Q4 2021 EMPLOYEE RETENTION CREDIT FOR MANY EMPLOYERS 900 600 SAX - Advisory, Audit and Accounting

The Infrastructure Investment and Jobs Act (Infrastructure Act) ends the Employee Retention Credit (ERC) for wages paid after September 30, 2021 for many employers.  Recovery startup businesses, however, may continue…

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Important Tax Reminder: Repayment of 50% of Deferred Payroll Taxes Due December 31

Important Tax Reminder: Repayment of 50% of Deferred Payroll Taxes Due December 31 400 400 SAX - Advisory, Audit and Accounting

Employers who took advantage of the CARES Act employer payroll tax deferral in 2020 are reminded that 50% of the deferred taxes must be paid no later than December 31,…

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Watch the Q3 TAX with SAX webinar

Watch the Q3 TAX with SAX webinar 400 400 SAX - Advisory, Audit and Accounting

In case you missed it, join  Shivani Jain, leader of Tax at Sax along with special guest Shehan Chandrasekera from CoinTracker as they discuss the new proposed tax law changes…

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New Budget Reconciliation Package: Plan NOW for the Estate Tax Overhaul

New Budget Reconciliation Package: Plan NOW for the Estate Tax Overhaul 400 400 SAX - Advisory, Audit and Accounting

Throughout 2021, SAX has been warning of dramatic and substantial structural changes that will severely impact estate planning opportunities. The recently proposed budget reconciliation package based upon the President’s Build…

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SAX Expands Expertise with Addition of Eddie Rivera as a Partner in the Real Estate Practice

SAX Expands Expertise with Addition of Eddie Rivera as a Partner in the Real Estate Practice 400 400 SAX - Advisory, Audit and Accounting

Parsippany, NJ, August 13, 2021 — Top 100 accounting, tax and business advisory leader, SAX, has announced the addition of Eddie Rivera, CPA, MST to the firm’s established Real Estate…

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SBA TO OPEN STREAMLINED PPP LOAN FORGIVENESS PORTAL ON AUGUST 4

SBA TO OPEN STREAMLINED PPP LOAN FORGIVENESS PORTAL ON AUGUST 4 400 400 SAX - Advisory, Audit and Accounting

The Small Business Administration (SBA) will open an online portal where Paycheck Protection Program borrowers can directly apply for forgiveness on loans of $150,000 or less without going through their…

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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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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: 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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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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