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Living and Dying in New Jersey Just Got More Affordable 150 150 SAX - Advisory, Audit and Accounting

Living and Dying in New Jersey Just Got More Affordable

On October 14, 2016, Governor Christie signed a bill that represents a big step forward in helping both New Jersey residents and the state itself.  Residents will reap the benefits of a reduction in sales tax, increase in the retirement income exclusion, increase in the earned income credit and a new personal exemption for veterans.…

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12th Annual Bankers Breakfast: Mastering the Client Experience in Every Vertical Market 150 150 SAX - Advisory, Audit and Accounting

12th Annual Bankers Breakfast: Mastering the Client Experience in Every Vertical Market

Successful client relationships require a unique approach to every industry you serve. Business clients depend on their financial professionals to understand the intricacies of their vertical markets and help them navigate the ups and downs of each one. On September 28th, let the industry experts at Sax guide you through the latest developments and trends…

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FOCUS Newsletter: September 2016 150 150 SAX - Advisory, Audit and Accounting

FOCUS Newsletter: September 2016

Welcome to the first issue of the Sax Focus newsletter. Underneath the new name and brand, we are excited to share more of the expert insights and actionable advice that we have been delivering to your businesses and industries for decades. To read this month’s newsletter, please click here.  

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Apply These Three Tips to Keep Your Not-for-Profit Out of the Headlines 150 150 SAX - Advisory, Audit and Accounting

Apply These Three Tips to Keep Your Not-for-Profit Out of the Headlines

Recently, a former not-for-profit executive director from Long Island made headlines after being indicted on charges of embezzling hundreds of thousands of dollars from Human First, Inc., a social services charity she ran for six years. The misdirected funds were used to pay for credit card debt, home renovations, vacations and other personal expenses. As…

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FASB Issues New Standards for Not-for-Profit Financial Reporting 150 150 SAX - Advisory, Audit and Accounting

FASB Issues New Standards for Not-for-Profit Financial Reporting

For the first time in more than 20 years, not-for-profit financial reporting will receive a much-needed makeover.  On August 18, 2016, the Financial Accounting Standards Board (FASB) issued its new accounting standards for not-for-profit organizations. These rules are designed to help not-for-profits communicate their financial condition more effectively and eliminate unnecessary requirements from the previous…

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New Qualified Improvement Property Eligible for Bonus Depreciation 150 150 SAX - Advisory, Audit and Accounting

New Qualified Improvement Property Eligible for Bonus Depreciation

The Protecting Americans from Tax Hikes (PATH) Act of 2015 modified, extended and made permanent several provisions relating to bonus depreciation. One change that seems to have gone relatively unnoticed is a new category of building improvements — Qualified Improvement Property (“QIP”) — available for improvements to non-residential property placed in service after December 31,…

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SAX Announces 5th Annual 4 Miler at Garret Mountain to Benefit St. Joseph’s Children’s Hospital 150 150 SAX - Advisory, Audit and Accounting

SAX Announces 5th Annual 4 Miler at Garret Mountain to Benefit St. Joseph’s Children’s Hospital

Sept. 10th Event Marks Largest Charitable Initiative in Accounting Firm’s Year-Round Community Service Efforts   Clifton, NJ, May 31, 2016 – The Annual 4 Miler at Garret Mountain is returning to Woodland Park, N.J. for its fifth year on Saturday, September 10, 2016. Sponsored by SAX, the annual run/walk event has raised more than $230,000…

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