COVID-19 Resources

Webinar: State and Local Tax Impact and Implications from COVID-19

Webinar: State and Local Tax Impact and Implications from COVID-19 400 400 SAX - Advisory, Audit and Accounting

The COVID-19 pandemic has significantly impacted the fiscal conditions in our states, and taxing jurisdictions are responding with mitigating actions to provide relief to businesses and individuals alike, while protecting…

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Tax Alert: New Jersey Filing Date Extended

Tax Alert: New Jersey Filing Date Extended 400 400 SAX - Advisory, Audit and Accounting

The New Jersey Legislature passed a bill yesterday, April 13, that would extend the tax filing and payment deadline for returns that are due on April 15, 2020. Governor Murphy…

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Webinar: Preparing for Recovery: Understanding and Managing Forgivable and Unforgivable Loans

Webinar: Preparing for Recovery: Understanding and Managing Forgivable and Unforgivable Loans 400 400 SAX - Advisory, Audit and Accounting

The COVID-19 pandemic has significantly impacted the fiscal conditions of our businesses, but now is the time to prepare and plan for recovery through the vehicles of relief that have…

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Payroll Taxes Can Be Deferred, Even If You’re Taking Advantage of the Paycheck Protection Program

Payroll Taxes Can Be Deferred, Even If You’re Taking Advantage of the Paycheck Protection Program 400 400 SAX - Advisory, Audit and Accounting

There was some uncertainty on the interaction between the payroll tax deferral and the Payroll Protection Program (PPP).  Interpretations ranged from: Whether the employer would be eligible for loan forgiveness…

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WATCH THE WEBINAR: TAX PROVISIONS & INCENTIVES FOR BUSINESSES AND INDIVIDUALS THROUGH THE CARES ACT

WATCH THE WEBINAR: TAX PROVISIONS & INCENTIVES FOR BUSINESSES AND INDIVIDUALS THROUGH THE CARES ACT 400 400 SAX - Advisory, Audit and Accounting

If you are looking to understand how the CARES Act (Coronavirus Aid, Relief, and Economic Security Act) – the most significant benefits package to date for COVID-19 relief – impacts…

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Federal Reserve Takes Historic $2.3 Trillion Action to Stimulate Economy

Federal Reserve Takes Historic $2.3 Trillion Action to Stimulate Economy 400 400 SAX - Advisory, Audit and Accounting

On April 9th, the Federal Reserve committed an additional $2.3 trillion in funds to further stimulate the economy as we continue to battle the COVID-19 pandemic.  Aimed primarily at households…

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APRIL 7 WEBINAR: IMPORTANT UPDATES TO SBA LOAN PROGRAMS

APRIL 7 WEBINAR: IMPORTANT UPDATES TO SBA LOAN PROGRAMS 400 400 SAX - Advisory, Audit and Accounting

On April 2, 2020, the Small Business Administration (SBA) released additional guidance on the SBA Loan Incentive Programs available to businesses for COVID-19 relief. You’re invited to watch our informative…

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Additional Guidance Provided for the Paycheck Protection Program

Additional Guidance Provided for the Paycheck Protection Program 400 400 SAX - Advisory, Audit and Accounting

The Small Business Administration (SBA) released additional information on the Paycheck Protection Program (PPP).  Below summarizes the key changes: Independent Contractors/1099 Recipients– These costs may not be included in “payroll…

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CARES ACT to Provide COVID-19 Relief for Businesses

CARES ACT to Provide COVID-19 Relief for Businesses 400 400 SAX - Advisory, Audit and Accounting

On March 27, 2020, President Trump signed the “Coronavirus Aid Relief, and Economic Security Act” (CARES Act), allocating $2.2 trillion in spending and tax breaks to increase liquidity in the economy, provide relief for individuals and businesses, as well as specific industries most seriously harmed by this pandemic.

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The IRS Extended the Tax Filing Deadline from April 15 to July 15

The IRS Extended the Tax Filing Deadline from April 15 to July 15 400 400 SAX - Advisory, Audit and Accounting

As an update on the tax filing deadline, Treasury Secretary Mnuchin announced on Friday, March 20 that the IRS will be extending the tax filing deadline from April 15 to…

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SAX - Advisory, Audit and Accounting