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MAREJ: The CRE industry is resilient and will undoubtedly adapt successfully to whatever changes lie ahead 150 150 SAX - Advisory, Audit and Accounting

MAREJ: The CRE industry is resilient and will undoubtedly adapt successfully to whatever changes lie ahead

Hear from Sax Real Estate Partner Stuart Berger, who was featured in Mid Atlantic Real Estate Journal with his 2018 predictions for the CRE industry due to the new laws and regulations set in place. Read the full article here.

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NJCPA: Tax Season – A Different Kind of Boot Camp 150 150 SAX - Advisory, Audit and Accounting

NJCPA: Tax Season – A Different Kind of Boot Camp

Partner and Tax Leader Shivani Jain was featured in NJCPA Magazine’s latest issue and discussed how our firm plans for the demanding tax season and how we work to ease the busiest time of year for our CPAs. Read the full article here.

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New Lease Accounting Standard’s Impact on Operating Leases 150 150 SAX - Advisory, Audit and Accounting

New Lease Accounting Standard’s Impact on Operating Leases

The Financial Accounting Standards Board (FASB) has issued a new lease accounting standard, ASC 842, intended to improve financial reporting about leasing transactions. The new standard will have a significant effect on how operating leases are presented on the lessee’s balance sheet and the notes to the financial statements. Changes will go into effect for…

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TAX ALERT: Tax Cuts and Jobs Act Becomes Law 150 150 SAX - Advisory, Audit and Accounting

TAX ALERT: Tax Cuts and Jobs Act Becomes Law

Today, President Trump signed into law the Tax Cuts and Jobs Act (H.R. 1) bill. This Tax Alert is an update to the Tax Alert which was published on December 18, 2017. It should be noted that under the new law most of the individual provisions are effective January 1, 2018, but will expire by…

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2017 Tax Reform Impact on Year-End Giving to Charitable Organizations 150 150 SAX - Advisory, Audit and Accounting

2017 Tax Reform Impact on Year-End Giving to Charitable Organizations

As 2017 comes to an end, our country is facing sweeping tax reform changes that will affect donations to tax exempt organizations. For some taxpayers, the cost benefit of contributing to charity will not be as attractive as in the past. Here is an overview of the changes to come: Current Law: The standard deduction…

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NJBIZ: New Jerseyans need to prepay real estate, local taxes before year’s end, say accountants 150 150 SAX - Advisory, Audit and Accounting

NJBIZ: New Jerseyans need to prepay real estate, local taxes before year’s end, say accountants

Stuart Berger, Partner in our Real Estate Practice, discussed the tax laws and how it affects the New Jersey real estate market with NJBIZ: Read the full article here.

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Tax Alert: Update on Tax Reform – House-Senate Conferees Approve Tax Cuts and Jobs Act 150 150 SAX - Advisory, Audit and Accounting

Tax Alert: Update on Tax Reform – House-Senate Conferees Approve Tax Cuts and Jobs Act

On December 15, 2017, the House of Representatives and Senate unveiled their joint committee conference report containing the final version of the Tax Cuts and Jobs Act (H.R. 1). The bill now goes to the full House and Senate for final passage. It should be noted that under the conference agreement most of the individual…

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Real Estate NJ: State, federal reforms bring uncertainty for CRE industry in 2018 150 150 SAX - Advisory, Audit and Accounting

Real Estate NJ: State, federal reforms bring uncertainty for CRE industry in 2018

Real Estate NJ covered our Real Estate Industry Update on November 14, 2017 which included a panel of some of New Jersey’s top developers and owners. Click here to read about the discussion highlights regarding the current state of the commercial real estate sector and upcoming changes facing the market.

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