News / Events

SBA AND DEPARTMENT OF TREASURY ISSUE TWO NEW INTERIM FINAL RULES ON THE PAYCHECK PROTECTION PROGRAM

SBA AND DEPARTMENT OF TREASURY ISSUE TWO NEW INTERIM FINAL RULES ON THE PAYCHECK PROTECTION PROGRAM 400 400 SAX - Advisory, Audit and Accounting

On January 6, 2021, the Small Business Administration (SBA) and U.S. Department of Treasury issued two Interim Final Rules (IFRs) surrounding the Paycheck Protection Program (PPP).  The IFRs include the…

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SBA Extends EIDL Program to December 31, 2021

SBA Extends EIDL Program to December 31, 2021 400 400 SAX - Advisory, Audit and Accounting

On December 30, 2020, the Small Business Administration (SBA) extended the deadline to apply for Economic Injury Disaster Loans (EIDLs) from December 31, 2020 to December 31, 2021, pending the…

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WATCH THE WEBINAR: 2021 DENTAL MARKET WATCH

WATCH THE WEBINAR: 2021 DENTAL MARKET WATCH 400 400 SAX - Advisory, Audit and Accounting

In case you missed it, we invite you to watch our webinar discussion that focused on the 2021 Dental Market.  Our expert speakers provided insights on emerging trends in Dental…

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SBA Issues FAQ surrounding PPP Loan Necessity Questionnaires

SBA Issues FAQ surrounding PPP Loan Necessity Questionnaires 150 150 SAX - Advisory, Audit and Accounting

Earlier in 2020, the Small Business Administration (SBA) released loan necessity questionnaires for public comment for both For-Profit Borrowers (Form 3509) and Not-For-Profit Borrowers (Form 3510) with loans of $2…

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IRS Issues Guidance on Timing of Tax Deductions for PPP Expenses

IRS Issues Guidance on Timing of Tax Deductions for PPP Expenses 400 400 SAX - Advisory, Audit and Accounting

While not the news borrowers were hoping for, on November 18, 2020, the Internal Revenue Service issued Rev. Rul. 2020-27 and Rev. Proc. 2020-51 to provide clarity in situations where…

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Governor Murphy Announces Additional $60M in COVID-19 Relief for Businesses

Governor Murphy Announces Additional $60M in COVID-19 Relief for Businesses 400 400 SAX - Advisory, Audit and Accounting

On Tuesday, October 13, New Jersey Governor Phil Murphy made $100 million in relief available from the state’s $2.3 billion in CARES Act funding for businesses hit hard by the…

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Breaking Pandemic News – Insights from the Frontlines

Breaking Pandemic News – Insights from the Frontlines 400 400 SAX - Advisory, Audit and Accounting

With breaking news unfolding on the second wave of the pandemic and vaccines in the works, we invite you to watch Sax’s very timely webinar with our esteemed speakers, Kevin…

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November CFO Focus: Year-End Tax Update: Strengthening Your Tax Position & Overall Business Now and For 2021

November CFO Focus: Year-End Tax Update: Strengthening Your Tax Position & Overall Business Now and For 2021 150 150 SAX - Advisory, Audit and Accounting

                                WEDNESDAY, NOVEMBER 18 | 10:00 – 11:30 AM

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SBA IS SEEKING COMMENTS ON PROPOSED COLLECTION OF INFORMATION FOR PPP BORROWERS WITH LOANS OVER $2 MILLION

SBA IS SEEKING COMMENTS ON PROPOSED COLLECTION OF INFORMATION FOR PPP BORROWERS WITH LOANS OVER $2 MILLION 400 400 SAX - Advisory, Audit and Accounting

The SBA notice is seeking approval from the Office of Management and Budget for the information collection and allowing all interested members of the public an additional 30 days to provide comments on the proposed collection of information.   The deadline to submit comments is November 25, 2020.

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SBA ISSUES LOAN NECESSITY QUESTIONNAIRES FOR PPP BORROWERS WITH LOANS OVER $2 MILLION

SBA ISSUES LOAN NECESSITY QUESTIONNAIRES FOR PPP BORROWERS WITH LOANS OVER $2 MILLION 400 400 SAX - Advisory, Audit and Accounting

In an effort to gather supporting information behind Paycheck Protection Program (PPP) loans in excess of $2 million[1], the Small Business Administration (SBA) recently released the following questionnaires: Form 3509:…

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SAX - Advisory, Audit and Accounting