General News

Key Changes to Construction Contractors’ Financial Statements Due to New Revenue Recognition Accounting Standard

Key Changes to Construction Contractors’ Financial Statements Due to New Revenue Recognition Accounting Standard 400 400 SAX - Advisory, Audit and Accounting

It’s hard to believe we are three months into the new year and as year-end accounting procedures are wrapping up, CPA issued financial statements are rolling out.  You will notice…

read more

Business Reinstatement and Dissolution Program Starting March 1

Business Reinstatement and Dissolution Program Starting March 1 150 150 SAX - Advisory, Audit and Accounting

The Department of the Treasury has recently announced a program designed to help businesses that have been revoked for failing to comply with State administrative reporting requirements.  The program enables…

read more

Focus On Time-of-Service Collections for Steady Cash Flow This Year

Focus On Time-of-Service Collections for Steady Cash Flow This Year 150 150 SAX - Advisory, Audit and Accounting

Congratulations, your practice survived the month of January!  While survival hopefully was never in doubt for your practice, January is typically the worst cash-receipt month of the year for many…

read more

New Jersey’s Misclassified Employees

New Jersey’s Misclassified Employees 150 150 SAX - Advisory, Audit and Accounting

New Jersey was working on legislation that would have virtually eliminated independent contractors.  That legislation did not pass, but in its place, five bills were passed or amended and signed…

read more

Fair Labor Standards Act Update

Fair Labor Standards Act Update 150 150 SAX - Advisory, Audit and Accounting

On September 24, 2019, the U.S. Department of Labor announced its final rule regarding the much anticipated raising of the standard salary level, making 1.3 million American workers newly eligible…

read more

SAX Ranked #25 on Construction Executive’s list of The Top Construction Accounting Firms

SAX Ranked #25 on Construction Executive’s list of The Top Construction Accounting Firms 150 150 SAX - Advisory, Audit and Accounting

Clifton, NJ Headquarters, August 14, 2019 – Leading accounting, tax and advisory firm, SAX, has been named to Construction Executive’s (CE) list of The Top 50 Construction Accounting Firms throughout…

read more

New Jersey Paid Sick Leave Update

New Jersey Paid Sick Leave Update 150 150 SAX - Advisory, Audit and Accounting

Now that the New Jersey Paid Sick Leave law is a reality, additional guidance has been provided. On September 13, the Labor and Workforce Development Division of Wage and Hour…

read more

The Opportunity with Opportunity Zones: The IRS Releases New Regulations

The Opportunity with Opportunity Zones: The IRS Releases New Regulations 150 150 SAX - Advisory, Audit and Accounting

On October 19, 2018, the Internal Revenue Service released proposed regulations for Qualified Opportunity Zones (QOZs). QOZs are a community development tool benefiting low-income areas by bringing significant financial incentives…

read more

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…

read more

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…

read more
SAX - Advisory, Audit and Accounting