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Online Sellers: Beware of the State Net Income Tax Trap 400 400 SAX - Advisory, Audit and Accounting

Online Sellers: Beware of the State Net Income Tax Trap

For decades, retailers and wholesalers of tangible personal property (i.e., merchandise) have been protected from paying net income taxes to states.  The protection is afforded under federal Public Law 86-272 (“PL 86-272”).  The principal beneficiaries of PL 86-272 are middle market and smaller businesses that have a physical presence in one or several states but…

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New Jersey’s Corporate Transit Fee 400 400 SAX - Advisory, Audit and Accounting

New Jersey’s Corporate Transit Fee

New Jersey Governor Phil Murphy has recently signed various tax bills as part of the annual budget process, including the imposition of a 2.5% corporate transit fee. 2.5% Corporate Transit Fee: SB 3513/AB 4704 imposes a 2.5% surtax, referred to as the Corporate Transit Fee (the “Fee”), on certain Corporation Business Tax (CBT) payers that have…

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Best Practices for a Successful Sale 400 400 SAX - Advisory, Audit and Accounting

Best Practices for a Successful Sale

In case you missed it, watch SAX’s experts as they have a conversation about best practices for selling a business. Regardless of your business’s size or industry or whether you’re considering selling at any point in the future, this webinar will equip you with the essential tools and strategies needed to make this complex process…

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SAX Wealth Advisors Reports Increased Growth Trajectory with Latest AUM Ranking and Two New Partners 400 400 SAX - Advisory, Audit and Accounting

SAX Wealth Advisors Reports Increased Growth Trajectory with Latest AUM Ranking and Two New Partners

Parsippany, NJ Headquarters, July 9, 2024  – SAX Wealth Advisors, LLC (SAXWA), a registered investment advisory firm [1] and financial planning subsidiary of SAX, a Top 100 accounting, tax, and advisory firm, announces its ranking at #29 on Accounting Today‘s List of Top Firms by Assets Under Management (AUM). This prestigious “Wealth Magnet” designation places…

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SAX Launches Innovative E-Learning Platform 400 400 SAX - Advisory, Audit and Accounting

SAX Launches Innovative E-Learning Platform

Program To Offer Courses for Client-facing CPAs Ranging from Tax, Auditing to Soft Skills Parsippany, NJ, July 10, 2024 — SAX – a Top 100 accounting, tax, and advisory firm – is thrilled to announce the launch of its innovative talent development initiative, leveraging the adaptive e-learning platform, Amplifire. This initiative addresses the need for…

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Watch the Webinar: Inventory Management in Consumer Products 400 400 SAX - Advisory, Audit and Accounting

Watch the Webinar: Inventory Management in Consumer Products

In today’s fast-paced consumer products landscape, staying ahead demands innovative solutions. In case you missed it, watch as our panel of experts delve deep into an insightful discussion on automation and all things inventory. Topics include: Latest trends and challenges Embracing Artificial Intelligence How automation is reshaping the industry Protecting the Golden Goose Watch the…

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Q2 Tax with SAX 400 400 SAX - Advisory, Audit and Accounting

Q2 Tax with SAX

Recent changes to multistate tax rules introduce new state income tax filing requirements for online wholesalers and retailers and updated international business income tax filing rules for U.S. retailers whose management is based outside the country. In case you missed it, watch as our speakers discuss these changes and help equip you with the information…

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Don’t Overlook Your Nonprofit’s Infrastructure Needs 656 659 SAX - Advisory, Audit and Accounting

Don’t Overlook Your Nonprofit’s Infrastructure Needs

By Lauren Frary, Director of Strategic Business Transformation, SAX When it comes to operations and infrastructure, nonprofits need to think more like a for-profit corporation — for the good of the organization and the cause it supports. The course of my professional career has allowed me to work both within the nonprofit sector and with…

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