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Tax Provisions & Incentives for Businesses & Individuals

WATCH THE WEBINAR: TAX PROVISIONS & INCENTIVES FOR BUSINESSES AND INDIVIDUALS THROUGH THE CARES ACT
WATCH THE WEBINAR: TAX PROVISIONS & INCENTIVES FOR BUSINESSES AND INDIVIDUALS THROUGH THE CARES ACT 400 400 SAX - Advisory, Audit and Accounting

If you are looking to understand how the CARES Act (Coronavirus Aid, Relief, and Economic Security Act) – the most significant benefits package to date for COVID-19 relief – impacts…

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Federal Reserve

Federal Reserve Takes Historic $2.3 Trillion Action to Stimulate Economy
Federal Reserve Takes Historic $2.3 Trillion Action to Stimulate Economy 400 400 SAX - Advisory, Audit and Accounting

On April 9th, the Federal Reserve committed an additional $2.3 trillion in funds to further stimulate the economy as we continue to battle the COVID-19 pandemic.  Aimed primarily at households…

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Important Updates to the SBA Loan Programs

APRIL 7 WEBINAR: IMPORTANT UPDATES TO SBA LOAN PROGRAMS
APRIL 7 WEBINAR: IMPORTANT UPDATES TO SBA LOAN PROGRAMS 400 400 SAX - Advisory, Audit and Accounting

On April 2, 2020, the Small Business Administration (SBA) released additional guidance on the SBA Loan Incentive Programs available to businesses for COVID-19 relief. You’re invited to watch our informative…

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CARES Act Paycheck Protection Program

Additional Guidance Provided for the Paycheck Protection Program
Additional Guidance Provided for the Paycheck Protection Program 400 400 SAX - Advisory, Audit and Accounting

The Small Business Administration (SBA) released additional information on the Paycheck Protection Program (PPP).  Below summarizes the key changes: Independent Contractors/1099 Recipients– These costs may not be included in “payroll…

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COVID-19 Business Relief

CARES ACT to Provide COVID-19 Relief for Businesses
CARES ACT to Provide COVID-19 Relief for Businesses 400 400 SAX - Advisory, Audit and Accounting

On March 27, 2020, President Trump signed the “Coronavirus Aid Relief, and Economic Security Act” (CARES Act), allocating $2.2 trillion in spending and tax breaks to increase liquidity in the economy, provide relief for individuals and businesses, as well as specific industries most seriously harmed by this pandemic.

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COVID-19 Sax Webinar

WEBINAR: New Small Business Administration (SBA) Loan Incentive Programs Available to Businesses Through CARES Act
WEBINAR: New Small Business Administration (SBA) Loan Incentive Programs Available to Businesses Through CARES Act 400 400 SAX - Advisory, Audit and Accounting

Join us on Wednesday, April 1 at 10:00 AM as we review the new Coronavirus Aid, Relief, and Economic Security Act (CARES Act) – the most significant benefits package to…

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Filing Deadline Extended

The IRS Extended the Tax Filing Deadline from April 15 to July 15
The IRS Extended the Tax Filing Deadline from April 15 to July 15 400 400 SAX - Advisory, Audit and Accounting

As an update on the tax filing deadline, Treasury Secretary Mnuchin announced on Friday, March 20 that the IRS will be extending the tax filing deadline from April 15 to…

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FASB Issues Exposure Draft Regarding Contributed Non-Financial Assets for Not-for-Profits
FASB Issues Exposure Draft Regarding Contributed Non-Financial Assets for Not-for-Profits 150 150 SAX - Advisory, Audit and Accounting

In February 2020, the FASB proposed an update to improve generally accepted accounting principles (GAAP) by increasing the transparency of contributed non-financial assets for not-for-profit (NFP) entities through enhancements to…

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Calculator

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…

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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…

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