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Protecting You and Your Clients from Data Theft 400 400 SAX - Advisory, Audit and Accounting

Protecting You and Your Clients from Data Theft

Published in conjunction with S2 Technology Solutions and Sax’s State and Local Tax (SALT) Practice To state the obvious, the business world has undergone a substantial change relating to reliance on technology, cloud storage, data management, operational security, etc., from 20 to 30 or more years ago. On that note, on July 11, 2022, the…

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New York Amends PTET Tax and Implements New York City PTET Election 400 400 SAX - Advisory, Audit and Accounting

New York Amends PTET Tax and Implements New York City PTET Election

The deadline to make the revised New York State (“NYS”) pass-through entity tax (“PTET”) election and remit estimated tax due is quickly approaching. Generally, the due date for the election and estimated payment is March 15 of each tax year; however, and only for tax year 2022, NYS has extended that deadline to September 15,…

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SAX WEALTH ADVISORS NAMED TO ACCOUNTING TODAY’S 2022 “WEALTH MAGNET” RANKINGS OF NATION’S TOP FIRMS 400 400 SAX - Advisory, Audit and Accounting

SAX WEALTH ADVISORS NAMED TO ACCOUNTING TODAY’S 2022 “WEALTH MAGNET” RANKINGS OF NATION’S TOP FIRMS

JULY 6, 2022; Parsippany, NJ: – Sax Wealth Advisors, LLC, a registered investment advisory firm and financial planning subsidiary of Top 100 accounting, tax and advisory firm, SAX, has been named to Accounting Today’s 16th annual “Wealth Magnets” list recognizing the Top 150 CPA firms in financial planning nationwide. It is the fifth consecutive year…

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The Internet of Things and its Role in Accounting 400 400 SAX - Advisory, Audit and Accounting

The Internet of Things and its Role in Accounting

The internet is all around us. Literally. You’re reading this blog post on the internet, you likely made a call or had a meeting online today, your job duties might require access to the internet, and even your household appliances, like your refrigerator and washing machine, might be connected to the internet. Those last two…

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Cybersecurity Tips
Join the Webinar: Cybersecurity in the Workplace 400 400 SAX - Advisory, Audit and Accounting

Join the Webinar: Cybersecurity in the Workplace

Cybersecurity: a topic you hear about constantly. But what does it mean, and what are the implications for you or your business? Join us Thursday, June 16 @ 10 A.M. as our S2 Solutions team leads a webinar discussing this trending topic and how implementing the proper precautions can assist optimal success for you and…

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SAX Expands Expertise with Addition of James Toto as Partner in the Firm’s Private Client Practice 400 400 SAX - Advisory, Audit and Accounting

SAX Expands Expertise with Addition of James Toto as Partner in the Firm’s Private Client Practice

—Experienced CPA Joins Growing Firm and Maintains Sax’s Commitment to Providing Exceptional Client Service — Parsippany, NJ, May 26, 2022 — SAX, one of the region’s largest accounting, tax, and business advisory firms, has announced the addition of James Toto, CPA, to the firm’s established Private Client practice as Partner, effective May 9, 2022. The…

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Cryptocurrency
New Jersey Convertible Virtual Currency 400 400 SAX - Advisory, Audit and Accounting

New Jersey Convertible Virtual Currency

In today’s financial landscape, uncertainty is at the forefront of most people’s minds. This is ever so true when it comes to guidance related to convertible virtual currency. Generally, technical guidance on the topic has been limited, however, a few states like New Jersey have alleviated some of the confusion by issuing technical guidance explaining…

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Additional EIDL Deferment 400 400 SAX - Advisory, Audit and Accounting

Additional EIDL Deferment

On March 15, 2022, the U.S. Small Business Administration (SBA) announced an additional 6-month deferral on Economic Injury Disaster Loans (EIDL), changing the total deferment from 24 to 30 months from the date of  Note. Interest will continue to accrue on the loan during this deferment period. Although there is an option to defer payment,…

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