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WATCH THE Q1 TAX WITH SAX WEBINAR: A FOCUS ON SALT AND INTERNATIONAL TAX 400 400 SAX - Advisory, Audit and Accounting

WATCH THE Q1 TAX WITH SAX WEBINAR: A FOCUS ON SALT AND INTERNATIONAL TAX

In case you missed it, watch as Sax’s in-house experts provide valuable information regarding international and state and local tax, including: Residency – How is residency is determined for individuals Non-US individuals immigrating to the U.S. State tax residency, including domicile Outbound vs. Inbound Investments – What is the right play for you and your…

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Recent Updates to the New Leasing Standard (ASC 842) 400 400 SAX - Advisory, Audit and Accounting

Recent Updates to the New Leasing Standard (ASC 842)

The Financial Accounting Standards Board (“FASB”) recently issued an accounting standard update (“ASU”) to the new leasing standard (ASC 842) to address related party arrangements between entities under common control.  ASU 2023-01 offers private companies and nonprofits that are not conduit bond obligors a practical expedient to use the written terms and conditions of a…

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Accounting Today Ranks SAX #68 Top Firm in U.S., #6 Fastest Growing Firm in U.S., and a Regional Leader Among Other Accolades 400 400 SAX - Advisory, Audit and Accounting

Accounting Today Ranks SAX #68 Top Firm in U.S., #6 Fastest Growing Firm in U.S., and a Regional Leader Among Other Accolades

Parsippany, NJ, March 17, 2023 – SAX has once again been named to Accounting Today’s top 100 firms in the country list, coming in at #68 and leaping 19 spots from last year.  Sax was also named a Regional Leader as the #13 top Mid-Atlantic firm, the #6 fastest-growing firm in the country, a “Leader…

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MY IRREVOCABLE TRUST HAS BEEN PAYING STATE INCOME TAX FOREVER. IS THERE ANY WAY TO AVOID STATE INCOME TAX? 400 400 SAX - Advisory, Audit and Accounting

MY IRREVOCABLE TRUST HAS BEEN PAYING STATE INCOME TAX FOREVER. IS THERE ANY WAY TO AVOID STATE INCOME TAX?

State income taxes can be onerous. Rates can reach 14%+ and the effects of a high state income tax on trust income over years, or decades for long term trusts, can exact a significant toll on the growth of trust assets.  Here are some resources that can help: Upcoming Webinar: Join us on Thursday, March…

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Sax’s 2022 Year in Review 400 400 SAX - Advisory, Audit and Accounting

Sax’s 2022 Year in Review

As we look forward to a prosperous new year at Sax, we are proud to reflect on all that we have accomplished in 2022. From taking our first steps in the global community, adding internal and lateral partners to enhance our practice areas, and remaining future focused, Sax attained exceptional growth for our clients, team…

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SAX Expands International Tax Expertise with Addition of Lisa Goldman 400 400 SAX - Advisory, Audit and Accounting

SAX Expands International Tax Expertise with Addition of Lisa Goldman

Parsippany, NJ, February 22, 2023 — Top 100 accounting, tax and business advisory leader, SAX, announces the addition of Lisa S. Goldman, CPA, M.Tax, TEP to lead the firm’s International Tax Practice as Partner. Lisa brings over 25 years of experience and specializes in international taxation. She creates strategic domestic and international tax minimization opportunities…

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Potential Changes to Donor Advised Funds in the Future – How will this impact your organization? 400 400 SAX - Advisory, Audit and Accounting

Potential Changes to Donor Advised Funds in the Future – How will this impact your organization?

Over the past few years, there has been increasing interest in modifying charitable giving laws.  The charitable giving that has seen the most scrutiny is donor advised funds.  A donor advised fund works by allowing donors to make a charitable contribution to the fund and receive an immediate tax deduction. While the donor can recommend…

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SAX Expands State & Local Tax Expertise with Addition of Richard Goldstein 400 400 SAX - Advisory, Audit and Accounting

SAX Expands State & Local Tax Expertise with Addition of Richard Goldstein

Parsippany, NJ, February 13, 2023 — Top 100 accounting, tax and business advisory leader, SAX, has announced the addition of Richard Goldstein, JD to lead the firm’s established State and Local Tax (SALT) practice as Partner, effective January 30, 2023. Richard brings more than 30 years of experience dedicated exclusively to personal and business state…

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