General News

TAX ALERT: Important Information Regarding the NEW New Jersey Tax Portal
TAX ALERT: Important Information Regarding the NEW New Jersey Tax Portal 400 400 SAX LLP - Advisory, Audit and Accounting

New Jersey has launched the first phase of its modernized tax-filing system. Business owners can create profiles on the NJ Tax Portal to access filing assistance, account details, payment history,…

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New York Enacts Budget for Fiscal Year 2025-2026 with New Tax Provisions
New York Enacts Budget for Fiscal Year 2025-2026 with New Tax Provisions 400 400 SAX LLP - Advisory, Audit and Accounting

On May 9, 2025, New York Governor Kathy Hochul signed A3009, implementing the state’s budget bill (the “law”) for the 2025-2026 state fiscal year. The law contains many tax provisions summarized…

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BE-10 Benchmark Survey: U.S. Direct Investment Abroad
BE-10 Benchmark Survey: U.S. Direct Investment Abroad 400 400 SAX LLP - Advisory, Audit and Accounting

Every five years, the U.S. Direct Investment Abroad survey is to be filed out for the Bureau of Economic Analysis. This is currently due on May 30, 2025, for those…

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SAX’s 2025 Nonprofit Industry Update
SAX’s 2025 Nonprofit Industry Update 400 400 SAX LLP - Advisory, Audit and Accounting

Join Sax LLP on Thursday, June 5, 2025 in NYC for an in-depth discussion on the latest trends shaping the Nonprofit industry, key financial and compliance updates, and actionable strategies to ensure long-term sustainability and impact.

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SAX Announces Key Leadership Appointments: New Director of Cannabis and Head of Tax Controversy
SAX Announces Key Leadership Appointments: New Director of Cannabis and Head of Tax Controversy 1400 858 SAX LLP - Advisory, Audit and Accounting

Parsippany, NJ, March 13, 2025 – SAX LLP, a leading accounting and advisory firm, is pleased to announce the addition of Allison Kirchhofer , CPA, MBA as Director of Cannabis and…

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SAX Recognized Among Top 100 Firms in Accounting Today Annual Ranking for Fifth Consecutive Year
SAX Recognized Among Top 100 Firms in Accounting Today Annual Ranking for Fifth Consecutive Year 400 400 SAX LLP - Advisory, Audit and Accounting

Parsippany, NJ, March 6, 2025 – Joseph Damiano, CEO and Managing Partner of SAX LLP, is proud to announce that the firm has earned a spot on Accounting Today’s prestigious…

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TAX ALERT: Corporate Transparency Act Update
TAX ALERT: Corporate Transparency Act Update 400 400 SAX LLP - Advisory, Audit and Accounting

On February 27, 2025, the Financial Crimes Enforcement Network (“FinCEN”) announced that it will not impose fines, penalties, or take enforcement actions against businesses that fail to file or update…

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Steps Your Nonprofit Can Take During These Uncertain Times
Steps Your Nonprofit Can Take During These Uncertain Times 400 400 SAX LLP - Advisory, Audit and Accounting

As you are aware, the current Administration has issued a series of Executive Orders that will have significant implications for the nonprofit sector. Additionally, the Office of Management and Budget…

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SAX Presents its 2024 Year in Review
SAX Presents its 2024 Year in Review 400 400 SAX LLP - Advisory, Audit and Accounting

As we turn the page to 2025, we’d like to take a moment to reflect on 2024, a year filled with growth, innovation, and collaboration. These achievements were made possible…

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SAX LLP Strengthens Leadership Team with Three Partner Promotions
SAX LLP Strengthens Leadership Team with Three Partner Promotions 400 400 SAX LLP - Advisory, Audit and Accounting

Parsippany, NJ, January 9, 2024 – SAX LLP, a top 100 accounting tax firm, proudly announces the promotion of Matthew Bernocchi, CFP®, Igor Petrovic, CPA, and Joseph Saverino, CPA, MBA,…

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