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April 29 Webinar: Planning for the Estate Tax Overhaul 400 400 SAX - Advisory, Audit and Accounting

April 29 Webinar: Planning for the Estate Tax Overhaul

The recently proposed “For the 99.5% Act” would bring sweeping changes to the taxation of estates and inherited gains, while the “Sensible Taxation and Equity Promotion Act” (STEP) would eliminate the step-up in basis that inherited assets currently enjoy.   This creates a time sensitive planning opportunity. This change would immediately become the costliest tax…

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Tax Alerts
Tax Alert: IRS Extends Additional Tax Deadlines for Individuals to May 17, 2021 400 400 SAX - Advisory, Audit and Accounting

Tax Alert: IRS Extends Additional Tax Deadlines for Individuals to May 17, 2021

The IRS has recently announced that individuals have until May 17, 2021 to meet certain tax deadlines that would normally fall on April 15. This extension includes the filing of all schedules, returns, and other forms that are filed as attachments to the Form 1040 series or are required to be filed by the due…

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PPP deadline extended
Paycheck Protection Program Deadline Extended 400 400 SAX - Advisory, Audit and Accounting

Paycheck Protection Program Deadline Extended

President Biden signed the PPP Extension Act of 2021 into law on March 30, 2021, extending the date borrowers may apply for funding from March 31, 2021 to May 31, 2021.  Additionally, this new law allows the Small Business Administration (SBA) to process Paycheck Protection Program (PPP) loan applications until June 30, 2021.  Potential borrowers…

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Take 5 With Sax
PAYCHECK PROTECTION PROGRAM EDITION 400 400 SAX - Advisory, Audit and Accounting

PAYCHECK PROTECTION PROGRAM EDITION

Our TAKE 5 with SAX podcast was created so you can press pause on your busy day and leverage the expertise of Sax’s resident experts on topics that matter to your life and your business. Today we focus on the Paycheck Protection Program and hear from our special guest, Stephen Ehrenberg, Partner in Sax’s Tax Department and a leader in…

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Restaurants
SBA Targets Early April Opening of Restaurant Revitalization Fund Application Process 400 400 SAX - Advisory, Audit and Accounting

SBA Targets Early April Opening of Restaurant Revitalization Fund Application Process

The U.S. Small Business Administration (SBA) is targeting early April to launch a phased rollout of the $28.6 billion Restaurant Revitalization Fund (RRF) that was established by the American Rescue Plan Act (ARPA). The RRF was created to provide restaurants with grants equal to their pandemic-related revenue loss, up to $10 million per entity, or…

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IRS
IRS Extends Tax Filing Deadline for 2020 Individual Returns 400 400 SAX - Advisory, Audit and Accounting

IRS Extends Tax Filing Deadline for 2020 Individual Returns

The Treasury Department and Internal Revenue Service announced that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021 to May 17, 2021.   Individual taxpayers can also postpone federal income tax payments for the 2020 tax year due on April 15, 2021, to…

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Sax’s 2020 Year in Review 150 150 SAX - Advisory, Audit and Accounting

Sax’s 2020 Year in Review

2020 was filled with headlines. We invite you to take a look back at Sax’s unprecedented year with our Year in Review that recaps our recent accolades, internal enhancements, our leadership in disruption, and much more. View our 2020 Year in Review here:

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March 10 CFO Focus: Post-Election Update: Planning and Market Trends 150 150 SAX - Advisory, Audit and Accounting

March 10 CFO Focus: Post-Election Update: Planning and Market Trends

Amidst a global pandemic that has impacted our markets, we also had a transition of power to the Biden Administration.  Couple those together and a lot of questions arise as to where we are headed, and what we can expect in the future. Join us on Wednesday, March 10 at 9:00 a.m. for the first…

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