news & Press

FILTER BY INDUSTRY

Cannabis Construction Consumer and Industrial Products & Services Healthcare Nonprofit Real Estate

EXPLORE TOPICS

PPP Small Business
BIDEN-HARRIS ADMINISTRATION ANNOUNCES CHANGES TO THE PPP GEARED TOWARDS SMALLER BUSINESSES 400 400 SAX - Advisory, Audit and Accounting

BIDEN-HARRIS ADMINISTRATION ANNOUNCES CHANGES TO THE PPP GEARED TOWARDS SMALLER BUSINESSES

In an effort to target smaller businesses, the Biden-Harris administration announced changes to the Paycheck Protection Program (PPP).  From Wednesday, February 24, 2021 – March 10, 2021, businesses with 20 or fewer employees will have exclusive access to PPP funding.  Furthermore, the White House will set aside $1 billion in PPP funding for businesses in…

read more
PPP Application
STATE INCOME TAX TREATMENT OF PAYCHECK PROTECTION PROGRAM LOAN FORGIVENESS AND EXPENSE DEDUCTIONS 400 400 SAX - Advisory, Audit and Accounting

STATE INCOME TAX TREATMENT OF PAYCHECK PROTECTION PROGRAM LOAN FORGIVENESS AND EXPENSE DEDUCTIONS

As a reaction to the economic conditions of the COVID-19 pandemic, the federal government has established a series of relief packages for businesses, including the Paycheck Protection Program (PPP). 

read more
Payroll
DON’T LEAVE MONEY ON THE TABLE! Employee Retention Credit Now Available to PPP Loan Recipients 400 400 SAX - Advisory, Audit and Accounting

DON’T LEAVE MONEY ON THE TABLE! Employee Retention Credit Now Available to PPP Loan Recipients

Due to legislation passed in late December 2020, eligible employers with a Paycheck Protection Program (PPP) loan can now claim the employee retention credit (ERC) when they previously could not.

read more
Loan Application
NJEDA Defers Pre-Registration Date for Phase 2 of the Small Business Emergency Assistance Loan Program 400 400 SAX - Advisory, Audit and Accounting

NJEDA Defers Pre-Registration Date for Phase 2 of the Small Business Emergency Assistance Loan Program

The New Jersey Economic Development Authority (NJEDA) recently announced that the date for pre-registration for Phase 2 of its Small Business Emergency Assistance Loan Program, which was originally scheduled to open on February 10, 2021, has been deferred.  The NJEDA has yet to announce the new pre-registration date. Designed to deliver low-cost, flexible financing, loans…

read more
JOIN THE WEBINAR: MAXIMIZING TAX DEFERRAL OPPORTUNITIES THROUGH EMPLOYER RETIREMENT OFFERINGS 150 150 SAX - Advisory, Audit and Accounting

JOIN THE WEBINAR: MAXIMIZING TAX DEFERRAL OPPORTUNITIES THROUGH EMPLOYER RETIREMENT OFFERINGS

WEDNESDAY, FEBRUARY 17 | 2:00 – 3:00 PM REGISTER HERE

read more
Qualified Opportunity Fund
IRS Extends Additional Relief for Qualified Opportunity Funds and Investors Affected by Ongoing Pandemic 400 400 SAX - Advisory, Audit and Accounting

IRS Extends Additional Relief for Qualified Opportunity Funds and Investors Affected by Ongoing Pandemic

Quick Recap On the evening of January 19, the IRS issued Notice 2021-10 that provides additional relief by extending certain deadlines for investing in Qualified Opportunity Funds (“QOFs”) and relaxed certain investment requirements for operators of QOFs.[i] These changes are intended to make it easier for QOFs and investors to manage QOF deferrals in light…

read more
Addressing Your Questions on COVID-19 Loan Programs and Forgiveness Strategies 150 150 SAX - Advisory, Audit and Accounting

Addressing Your Questions on COVID-19 Loan Programs and Forgiveness Strategies

Sax’s Recovery Task Force was created to provide the business community with vital information and resources to get on the road to recovery during this disruptive pandemic.  We’ve received a good amount of information on the active relief programs implemented to help us regain our strength – but there is still much clarity needed. We…

read more
Paycheck Protection Program Borrower Application Form
SBA RELEASES REVISED PPP LOAN FORGIVENESS APPLICATION FOR BORROWERS WITH LOANS OF $150,000 OR LESS 400 400 SAX - Advisory, Audit and Accounting

SBA RELEASES REVISED PPP LOAN FORGIVENESS APPLICATION FOR BORROWERS WITH LOANS OF $150,000 OR LESS

On January 19, 2021, the Small Business Administration (SBA) released the revised Form 3508S for First Draw and Second Draw Paycheck Protection Program (PPP) borrowers seeking forgiveness on loans of $150,000 or less.  As detailed in the Consolidated Appropriations Act, 2021, this one-page form provides a simplified loan forgiveness process for borrowers meeting this loan…

read more

Login Register Make a Payment

Home | About | Information Center | Meet Our Leadership | Careers | Contact
PARSIPPANY, NJ

389 Interpace Parkway
STE 3 Parsippany, NJ 07054
973.472.6250

EWING, NJ

100 Charles Ewing Boulevard
STE 130 Ewing, NJ 08628
609.737.6600

Morganville, NJ

242 Route 79 N
STE 3 Morganville, NJ 07751
732.332.1700

NEW YORK, NY

1040 Avenue of the Americas
16th Floor New York, NY 10018
212.661.8640

MUMBAI, INDIA

Oberoi Commerz 1 International Business Park
Oberoi Garden City Yashodham,
Goregaon (East)

©2025 SAX | ALL RIGHTS RESERVED | Privacy Policy | Website Terms of Use

“Sax” is the brand name under which Sax LLP and Sax Advisory Group LLC and its subsidiary entities provide professional services. Sax LLP and Sax Advisory Group LLC (and its subsidiary entities) practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Sax LLP is a licensed independent CPA firm that provides attest services to its clients, and Sax Advisory Group LLC and its subsidiary entities provide tax and business consulting services to their clients. Sax Advisory Group LLC and its subsidiary entities are not licensed CPA firms.
Securities are offered through Finalis Securities LLC Member FINRA/SIPC. Sax Capital Advisors and Finalis Securities LLC are separate, unaffiliated entities. Saxllp.com (the “SAX Website”) is a website operated by SAX Advisory Group, LLC. SAX Capital Advisors provides financial and strategic advisory, consulting services, mergers and acquisitions services.
FINRA | SIPC | Finalis Privacy Policy | Finalis Business Continuity Plan | | FINRA BrokerCheck
Sax Capital Advisors is not a registered broker-dealer.

Start Typing
SAX - Advisory, Audit and Accounting