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IRS Issues Proposed Regulations on Donor-Advised Funds 400 400 SAX - Advisory, Audit and Accounting

IRS Issues Proposed Regulations on Donor-Advised Funds

The Treasury Department has introduced long-awaited proposed regulations governing donor-advised funds (DAFs), responding to the surge in contributions that reached over $85 billion last year. These regulations aim to provide oversight for the fast-growing form of charitable giving, a major feature of the philanthropic landscape. The proposed IRS rules, while avoiding certain contentious issues, notably…

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How should I plan charitable gifts as we approach year-end? Through my estate plan? 400 400 SAX - Advisory, Audit and Accounting

How should I plan charitable gifts as we approach year-end? Through my estate plan?

My client is charitably inclined.  How should I be advising her as we approach the year-end?  My client wants to make a charitable bequest through his estate plan – what is the best way to accomplish this? This program will provide a practical overview of a range of charitable planning concepts including Annual Cash donations,…

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SAX Continues Growth with Addition of Six Partners in Multiple Advisory Sectors 400 400 SAX - Advisory, Audit and Accounting

SAX Continues Growth with Addition of Six Partners in Multiple Advisory Sectors

Parsippany, NJ, November 9, 2023 – SAX, a top 100 accounting tax firm, continues its growth with the appointment of five new partners – Joseph J. Bulger; Rory Cahill, CPA; Julio Jimenez, JD, LLM; Mateo A. Perezrodriguez; Peter J. Scalise; and Eric Lewandowski. The additions expand Sax’s areas of expertise so the firm can continue to…

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Driving Towards a Greener Future: The Clean Vehicle Credit Incentive 400 400 SAX - Advisory, Audit and Accounting

Driving Towards a Greener Future: The Clean Vehicle Credit Incentive

Benefitting both auto dealerships and consumers, clean vehicle owners can transfer their clean or used vehicle credit to a registered car dealership beginning in 2024.  The transfer is worth up to $7,500 for new clean vehicles and up to $4,000 for previously owned clean vehicles.  Consumers can benefit from the transfer because it reduces their…

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Significant Changes to Davis-Bacon Act: What Construction Companies Need to Know 400 400 SAX - Advisory, Audit and Accounting

Significant Changes to Davis-Bacon Act: What Construction Companies Need to Know

In a landmark development for the construction industry, on August 23, 2023, the Department of Labor (DOL) introduced a set of comprehensive updates to the Davis-Bacon Act, representing the most substantial overhaul of this pivotal labor legislation in four decades. These changes came into effect on October 23, 2023, and their implications will be profound…

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Sax’s 12th Annual 4 MILER Raises Over $125,000 for St. Joseph’s Children’s Hospital 400 400 SAX - Advisory, Audit and Accounting

Sax’s 12th Annual 4 MILER Raises Over $125,000 for St. Joseph’s Children’s Hospital

SAX proudly announces its 12th annual 4 MILER raised over $125,000 to benefit the Child Life Department of St. Joseph’s Children’s Hospital – the largest amount raised in the history of the event.

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Family Promise of Morris County Awarded $20,000 Gift in SAX’s 6th Annual Founders’ Award 400 400 SAX - Advisory, Audit and Accounting

Family Promise of Morris County Awarded $20,000 Gift in SAX’s 6th Annual Founders’ Award

Parsippany, NJ – October 19, 2023 – SAX, a top 100 accounting, tax and advisory firm, is proud to announce Family Promise of Morris County as the recipient of the 6th Annual Sax Founders’ Award. Among nearly 125 applicants, Family Promise of Morris County best addressed this year’s theme of “Accessibility.” The $20,000 unrestricted gift…

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Eric Meisner Joins SAX as Partner and Head of Fractional Finance Practice 400 400 SAX - Advisory, Audit and Accounting

Eric Meisner Joins SAX as Partner and Head of Fractional Finance Practice

Parsippany, NJ, October 2, 2023 – SAX, a leading accounting, tax, and advisory firm, is thrilled to announce the appointment of Eric Meisner as Partner and Head of Sax’s Fractional Finance Practice. With this strategic addition, Sax further strengthens its commitment to empowering clients with access to top-tier financial expertise and solutions. Eric Meisner brings…

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