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Additional PPP Certification Requirements
Additional PPP Certification Requirements 400 400 SAX - Advisory, Audit and Accounting

Additional PPP Certification Requirements

In a continuing effort to clarify the questions and uncertainties surrounding the Payroll Protection Program (PPP), the SBA issued another set of FAQs on Thursday, April 23, 2020.

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Weekly Update. April 30th
Weekly Update on Preparing for Recovery: Loan Options and Forgiveness Strategies 400 400 SAX - Advisory, Audit and Accounting

Weekly Update on Preparing for Recovery: Loan Options and Forgiveness Strategies

On Friday, the “Paycheck Protection Program and Health Care Enhancement Act” was signed into law.  Dubbed as “CARES 2”, the Act provides a second round of federal stimulus funding that appropriates $310 billion to the Paycheck Protection Program (PPP), $50 billion for the Economic Injury Disaster Loan (EIDL) Program, and an additional $10 billion for…

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Funding Alert
Alert: More Funding Added Under “CARES 2” for Businesses Impacted by COVID-19 400 400 SAX - Advisory, Audit and Accounting

Alert: More Funding Added Under “CARES 2” for Businesses Impacted by COVID-19

The President signed the “Paycheck Protection Program and Health Care Enhancement Act” on April 24, 2020. The Act dubbed as “CARES 2” provides for additional funding to the tune of $484 billion broken out as such: Paycheck Protection Program (PPP) – $310 billion Economic Injury Disaster Loan (EIDL) Program – $60 billion Department of Health…

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State and Local Tax impact and Implications From COVID-19
WATCH THE WEBINAR: STATE AND LOCAL TAX IMPACT AND IMPLICATIONS FROM COVID-19 400 400 SAX - Advisory, Audit and Accounting

WATCH THE WEBINAR: STATE AND LOCAL TAX IMPACT AND IMPLICATIONS FROM COVID-19

The COVID-19 pandemic has significantly impacted the fiscal conditions in our states, and taxing jurisdictions are responding with mitigating actions to provide relief to businesses and individuals alike, while protecting employees with work from home (WFH) orders. Join Sax and the firm’s State and Local Tax Practice for a recorded webinar presentation that dives into…

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Managing Loans
WATCH THE WEBINAR: PREPARING FOR RECOVERY – MANAGING FORGIVABLE AND UNFORGIVABLE LOANS 400 400 SAX - Advisory, Audit and Accounting

WATCH THE WEBINAR: PREPARING FOR RECOVERY – MANAGING FORGIVABLE AND UNFORGIVABLE LOANS

The COVID-19 pandemic has significantly impacted the fiscal conditions of our businesses, but now is the time to prepare and plan for recovery through the vehicles of relief that have been made available to us. On April 9, the Federal Reserve committed an additional $2.3 trillion in funds to further stabilize our uncertain economic environment…

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Transfer of Wealth and Valuation
Greater Transfer of Wealth and Alternative Valuation Dates 400 400 SAX - Advisory, Audit and Accounting

Greater Transfer of Wealth and Alternative Valuation Dates

The COVID-19 pandemic has created much uncertainty related to the future cash flow of businesses, their ability to pay debt obligations, and even their survival.  However, from another perspective, this turmoil has led to the decrease in value of many publicly traded equities and in turn opened the door for the possibility for business owners…

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State and Local Tax impact and Implications From COVID-19
Webinar: State and Local Tax Impact and Implications from COVID-19 400 400 SAX - Advisory, Audit and Accounting

Webinar: State and Local Tax Impact and Implications from COVID-19

The COVID-19 pandemic has significantly impacted the fiscal conditions in our states, and taxing jurisdictions are responding with mitigating actions to provide relief to businesses and individuals alike, while protecting employees with work from home (WFH) orders. Join Sax and the firm’s State and Local Tax Practice on Monday, April 20 at 2:00 PM for…

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NJ Tax Alert
Tax Alert: New Jersey Filing Date Extended 400 400 SAX - Advisory, Audit and Accounting

Tax Alert: New Jersey Filing Date Extended

The New Jersey Legislature passed a bill yesterday, April 13, that would extend the tax filing and payment deadline for returns that are due on April 15, 2020. Governor Murphy announced that he will sign the bill today. What has been extended? 2019 Forms: NJ 1040 NJ 1041 NJ CBT–100 NJ CBT–100S NJ 1065 NJ CBT–1065…

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