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From Reports to Results: Applying the Giving USA 2025 Data to Your Nonprofit’s Strategy 400 400 SAX - Advisory, Audit and Accounting

From Reports to Results: Applying the Giving USA 2025 Data to Your Nonprofit’s Strategy

Charitable giving hit $592.5 billion in 2024, rebounding after two years of decline and finally outpacing inflation. But giving trends remain uneven—and many nonprofits are still feeling the pressure of economic uncertainty and shifting donor behavior. In case you missed it, watch as our Nonprofit Advisors walk through the Giving USA 2025 Report, what it…

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Tax Alert: Senate Releases Version of the 2025 Tax Bill 400 400 SAX - Advisory, Audit and Accounting

Tax Alert: Senate Releases Version of the 2025 Tax Bill

On June 16, 2025, the Senate Finance Committee released its version of the tax bill – “The One, Big, Beautiful Bill” (OBBB). The President has expressed the goal of signing the bill into law by July 4, 2025. The Senate’s proposal follows the House version introduced last month, but includes several key differences in income…

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How the First Sale Rule Could Potentially Reduce Tariffs When Used Correctly 400 400 SAX - Advisory, Audit and Accounting

How the First Sale Rule Could Potentially Reduce Tariffs When Used Correctly

The First Sale Rule is a powerful but often underutilized provision in U.S. customs law that allows importers to potentially reduce the amount of duties they owe on imported goods. At its core, the rule permits an importer to base the calculation of duties on the price paid in the first sale of goods in…

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SAX Expands Its Footprint in New Jersey and Bolsters Real Estate and Private Client Services Capabilities with Acquisition of Sewald & Anastasia CPAs 400 400 SAX - Advisory, Audit and Accounting

SAX Expands Its Footprint in New Jersey and Bolsters Real Estate and Private Client Services Capabilities with Acquisition of Sewald & Anastasia CPAs

Parsippany Headquarters, NJ – June 10, 2025 – SAX, a leading accounting, tax, and advisory firm ranked among the top 100 in the nation, is excited to announce its acquisition of Sewald & Anastasia CPAs, effective June 1, 2025. This strategic alliance enhances SAX’s presence in Monmouth County, New Jersey and strengthens its real estate…

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Watch the Q2 Tax with SAX Webinar 400 400 SAX - Advisory, Audit and Accounting

Watch the Q2 Tax with SAX Webinar

In case you missed it, watch as some of our tax leaders unpack recent and upcoming tax changes. From state updates to federal legislative proposals, our experts will help you understand the implications of these developments and how you can navigate them in this evolving tax landscape. Topics include: Provisions of The One, Big, Beautiful…

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TAX ALERT: Important Information Regarding the NEW New Jersey Tax Portal 400 400 SAX - Advisory, Audit and Accounting

TAX ALERT: Important Information Regarding the NEW New Jersey Tax Portal

New Jersey has launched the first phase of its modernized tax-filing system. Business owners can create profiles on the NJ Tax Portal to access filing assistance, account details, payment history, and to manage filings. Portal profiles also allow taxpayers to store information for future filings. Portal profiles also allow businesses to streamline filings, and delegate…

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New York Enacts Budget for Fiscal Year 2025-2026 with New Tax Provisions 400 400 SAX - Advisory, Audit and Accounting

New York Enacts Budget for Fiscal Year 2025-2026 with New Tax Provisions

On May 9, 2025, New York Governor Kathy Hochul signed A3009, implementing the state’s budget bill (the “law”) for the 2025-2026 state fiscal year. The law contains many tax provisions summarized below. Estimated Personal Income Taxes The threshold for filing estimated taxes is increased from $1,000 to $5,000, for tax years beginning on or after January…

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Tax Alert: The One, Big, Beautiful Bill 400 400 SAX - Advisory, Audit and Accounting

Tax Alert: The One, Big, Beautiful Bill

The House of Representatives Ways and Means Committee released their much-anticipated tax bill – “The One, Big, Beautiful Bill” – on May 12, 2025. Many of the proposed changes appear aimed at middle-class and small business relief, while also offering expanded business deductions. The bill could change substantially before it is signed into law. Stay…

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