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New Lease Standards Bring Significant Challenges for Businesses 150 150 SAX - Advisory, Audit and Accounting

New Lease Standards Bring Significant Challenges for Businesses

The Financial Accounting Standards Board (FASB) has issued new leasing standards for businesses, moving 12 month or longer leases from the footnotes of the financial statements to the balance sheet. This means that a company will now need to list their leases as both assets and liabilities. While this new lease standard is still a…

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KIDS RACE FOR KIDS AT THE 6TH ANNUAL 4 MILER AT GARRET MOUNTAIN BENEFITING ST. JOSEPH’S CHILDREN’S HOSPITAL 150 150 SAX - Advisory, Audit and Accounting

KIDS RACE FOR KIDS AT THE 6TH ANNUAL 4 MILER AT GARRET MOUNTAIN BENEFITING ST. JOSEPH’S CHILDREN’S HOSPITAL

Clifton, NJ, August 31, 2017 – The 4 Miler at Garret Mountain will return to Woodland Park, NJ on Saturday, September 16, 2017 for the sixth straight year. Presented by the Sax Charitable Foundation – SAX’s philanthropic arm – the annual run/walk event directly benefits the Child Life Department at St. Joseph’s Children’s Hospital in…

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MAREJ: New Partnership Audit Regime: January 1 Implementation 150 150 SAX - Advisory, Audit and Accounting

MAREJ: New Partnership Audit Regime: January 1 Implementation

George Livanos, Tax Partner on our Real Estate team, was featured in Mid Atlantic Real Estate Journal for the the new partnership audit regime, which takes effect on January 1, 2018. Read the full article here.

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SAX WEALTH ADVISORS CONTINUES ITS YEAR OF GROWTH WITH ACQUISITION OF STERLING PORTFOLIO MANAGEMENT LLC 150 150 SAX - Advisory, Audit and Accounting

SAX WEALTH ADVISORS CONTINUES ITS YEAR OF GROWTH WITH ACQUISITION OF STERLING PORTFOLIO MANAGEMENT LLC

Clifton, NJ, July 20, 2017 – Sax Wealth Advisors LLC, an independent registered investment advisory firm with offices in Clifton, New Jersey and New York City, has announced the acquisition of Sterling Portfolio Management LLC, effective July 20, 2017. Based in Tuxedo, NY, Sterling Portfolio Management LLC has served the wealth management needs of businesses…

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Focus Newsletter: Q2 2017 150 150 SAX - Advisory, Audit and Accounting

Focus Newsletter: Q2 2017

We are pleased to share with you our most recent issue of the Sax Focus newsletter. Gain relevant insights and actionable advice from our Real Estate, Not-for-Profit, Construction, Healthcare, and Manufacturing & Distribution Industry Services Groups, and learn why our trusted advisors have the direction that moves you forward. To read this quarter’s newsletter, please…

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MAREJ: Can I Buy First and Sell Later in a Like-Kind Exchange? 150 150 SAX - Advisory, Audit and Accounting

MAREJ: Can I Buy First and Sell Later in a Like-Kind Exchange?

Michael Benguigui, Senior Tax Manager in Sax’s Real Estate Practice, was published in Mid Atlantic Real Estate Journal with his article on like-kind exchanges. Click here to read more.

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NJBIZ: Good times, bad news: When a company is flush with cash and the economy is thriving, that can be the time to call in the forensic accountants for a checkup 150 150 SAX - Advisory, Audit and Accounting

NJBIZ: Good times, bad news: When a company is flush with cash and the economy is thriving, that can be the time to call in the forensic accountants for a checkup

Joe Shannon, Practice Leader of our Valuation, Forensic and Litigation team, provided insight to NJBIZ on the latest trends in forensic accounting. Click here to read the full article and hear about some of his most recent experiences in the industry.

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NJCPA: Preparing Clients for an Audit 150 150 SAX - Advisory, Audit and Accounting

NJCPA: Preparing Clients for an Audit

Sax Partner Joshua Chananie provided fellow accountants with proactive steps to help clients effectively prepare for an audit in NJCPA Magazine. Read the full article here.

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