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Mid-Year Payroll Changes: Effective July 1, 2017 150 150 SAX - Advisory, Audit and Accounting

Mid-Year Payroll Changes: Effective July 1, 2017

There are a few payroll changes in New York City, New York State, and Philadelphia that took effect on July 1. The overview of those items is as follows: New York City: Withholding Tax Rate Change The withholding tax rates have changed for employees earning $500,000 or less per year. This is a change, although…

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Bonus Depreciation Phase Out Begins in 2018 150 150 SAX - Advisory, Audit and Accounting

Bonus Depreciation Phase Out Begins in 2018

Bonus depreciation is a valuable tax-saving tool for businesses, as it provides the ability to claim accelerated first-year depreciation deductions for qualifying assets. With the Protecting Americans from Tax Hikes (PATH) Act of 2015, bonus depreciation was extended for property purchased and placed in service before 2020. This was an incentive to businesses for purchasing…

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June 21: CFO Focus 150 150 SAX - Advisory, Audit and Accounting

June 21: CFO Focus

Clash of Cultures: Leading and Valuing Millennials Michele Brown, Talent Management Consultant at IntuAction Coaching, will present at the next session of the CFO Focus on June 21. Michele will address the makeup and the shift of the current global workforce. In four years, millennials will account for nearly half the employees in the world…

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MAREJ: IRS provides path for physicians to take advantage of their rental property losses 150 150 SAX - Advisory, Audit and Accounting

MAREJ: IRS provides path for physicians to take advantage of their rental property losses

Debbie Nappi, Senior Healthcare Manager at Sax, breaks down the recent IRS ruling regarding rental property losses for physicians in Mid Atlantic Real Estate Journal. Read the full article here.

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NJCPA: Staying Competitive: A Game Plan for Business Success 150 150 SAX - Advisory, Audit and Accounting

NJCPA: Staying Competitive: A Game Plan for Business Success

John Murphy, Director of Business Development and Marketing at Sax, shared with NJCPA Magazine our culture within the firm and different business development activities we take part in. Read the full article here.

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ACCOUNTING FIRM BREAKS INDUSTRY NORMS TO ENABLE EMPLOYEE’S CHARITABLE EFFORTS 150 150 SAX - Advisory, Audit and Accounting

ACCOUNTING FIRM BREAKS INDUSTRY NORMS TO ENABLE EMPLOYEE’S CHARITABLE EFFORTS

Clifton, NJ, April 28, 2017 – In an industry known for strict regulations, business formal dress codes and face-to-face client service, accounting firm SAX broke all the rules this tax season when it allowed senior tax associate Mathew Giordano to grow his hair out for Locks of Love, a non-profit organization that provides hairpieces to…

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Tax Alert: Breaking Down the Trump Tax Proposal 150 150 SAX - Advisory, Audit and Accounting

Tax Alert: Breaking Down the Trump Tax Proposal

The White House issued “core principles” of its proposed tax reform plan yesterday, echoing many of the promises President Trump made during his campaign. While the plan leaves some questions unanswered – including how or if it will be funded – and will undoubtedly face challenges in Congress, an overview of the proposal reflects the…

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NJCPA: The Immeasurable Value of Key Performance Indicators 150 150 SAX - Advisory, Audit and Accounting

NJCPA: The Immeasurable Value of Key Performance Indicators

NJCPA Magazine featured an article written by Debbie Nappi, Senior Healthcare Manager at Sax, on reaching strategic goals put in place by using measurement tools such as key performance indicators (KPIs). Click here to read the full article.

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