COVID-19 Resources

Qualified Opportunity Fund

IRS Extends Additional Relief for Qualified Opportunity Funds and Investors Affected by Ongoing Pandemic

IRS Extends Additional Relief for Qualified Opportunity Funds and Investors Affected by Ongoing Pandemic 400 400 SAX LLP - Advisory, Audit and Accounting

Quick Recap On the evening of January 19, the IRS issued Notice 2021-10 that provides additional relief by extending certain deadlines for investing in Qualified Opportunity Funds (“QOFs”) and relaxed…

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Addressing Your Questions on COVID-19 Loan Programs and Forgiveness Strategies

Addressing Your Questions on COVID-19 Loan Programs and Forgiveness Strategies 150 150 SAX LLP - Advisory, Audit and Accounting

Sax’s Recovery Task Force was created to provide the business community with vital information and resources to get on the road to recovery during this disruptive pandemic.  We’ve received a…

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Paycheck Protection Program Borrower Application Form

SBA RELEASES REVISED PPP LOAN FORGIVENESS APPLICATION FOR BORROWERS WITH LOANS OF $150,000 OR LESS

SBA RELEASES REVISED PPP LOAN FORGIVENESS APPLICATION FOR BORROWERS WITH LOANS OF $150,000 OR LESS 400 400 SAX LLP - Advisory, Audit and Accounting

On January 19, 2021, the Small Business Administration (SBA) released the revised Form 3508S for First Draw and Second Draw Paycheck Protection Program (PPP) borrowers seeking forgiveness on loans of…

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Paycheck Protection Program

SBA and Treasury Issue Guidance for First Draw and Second Draw PPP Borrowers

SBA and Treasury Issue Guidance for First Draw and Second Draw PPP Borrowers 400 400 SAX LLP - Advisory, Audit and Accounting

With the recent re-opening of the Paycheck Protection Program (PPP) portals for all borrowers, the Small Business Administration (SBA), in conjunction with the U.S. Treasury Department, has been busy issuing…

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PPP Applications

SBA AND DEPARTMENT OF TREASURY ISSUE TWO NEW INTERIM FINAL RULES ON THE PAYCHECK PROTECTION PROGRAM

SBA AND DEPARTMENT OF TREASURY ISSUE TWO NEW INTERIM FINAL RULES ON THE PAYCHECK PROTECTION PROGRAM 400 400 SAX LLP - Advisory, Audit and Accounting

On January 6, 2021, the Small Business Administration (SBA) and U.S. Department of Treasury issued two Interim Final Rules (IFRs) surrounding the Paycheck Protection Program (PPP).  The IFRs include the…

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Loans

SBA Extends EIDL Program to December 31, 2021

SBA Extends EIDL Program to December 31, 2021 400 400 SAX LLP - Advisory, Audit and Accounting

On December 30, 2020, the Small Business Administration (SBA) extended the deadline to apply for Economic Injury Disaster Loans (EIDLs) from December 31, 2020 to December 31, 2021, pending the…

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Senate

The Current Status of the New Stimulus Package – The Consolidated Appropriations Act, 2021

The Current Status of the New Stimulus Package – The Consolidated Appropriations Act, 2021 400 400 SAX LLP - Advisory, Audit and Accounting

After months of negotiations, Congress reached an agreement for a new round of relief for the ongoing COVID-19 pandemic.  In addition to the enhancements made to the Paycheck Protection Program…

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Webinar

WATCH THE WEBINAR: 2021 DENTAL MARKET WATCH

WATCH THE WEBINAR: 2021 DENTAL MARKET WATCH 400 400 SAX LLP - Advisory, Audit and Accounting

In case you missed it, we invite you to watch our webinar discussion that focused on the 2021 Dental Market.  Our expert speakers provided insights on emerging trends in Dental…

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IRS

IRS Issues Guidance on Timing of Tax Deductions for PPP Expenses

IRS Issues Guidance on Timing of Tax Deductions for PPP Expenses 400 400 SAX LLP - Advisory, Audit and Accounting

While not the news borrowers were hoping for, on November 18, 2020, the Internal Revenue Service issued Rev. Rul. 2020-27 and Rev. Proc. 2020-51 to provide clarity in situations where…

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SAX CFO Focus

WATCH THE CFO FOCUS: YEAR-END TAX UPDATE – STRENGTHENING YOUR TAX POSITION & OVERALL BUSINESS NOW AND FOR 2021

WATCH THE CFO FOCUS: YEAR-END TAX UPDATE – STRENGTHENING YOUR TAX POSITION & OVERALL BUSINESS NOW AND FOR 2021 400 400 SAX LLP - Advisory, Audit and Accounting

Navigating our business terrain this year has been difficult as policies were fluid and uncertainties mounted.  To take control of our success moving forward, we must stay up to date…

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SAX LLP - Advisory, Audit and Accounting