General News

Is it time to update your Financial Policy and Procedure Manual?
Is it time to update your Financial Policy and Procedure Manual? 400 400 SAX - Advisory, Audit and Accounting

by Lauren Frary, Director of Strategic Business Transformations at SAX  It seems that every time there is a story on the news about a financial institution in trouble, or worse, collapsing,…

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An Update from the Hill: Tax Relief for American Families & Workers Act of 2024
An Update from the Hill: Tax Relief for American Families & Workers Act of 2024 400 400 SAX - Advisory, Audit and Accounting

On January 16, 2024, the Senate Finance Chair Ron Wyden (D) and House Ways & Means Chair Jason Smith (R) introduced the Tax Relief for American Families and Workers Act…

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SAX Promotes Five Partners, Growing Their Tax, Audit, and Wealth Advisory Practices
SAX Promotes Five Partners, Growing Their Tax, Audit, and Wealth Advisory Practices 400 400 SAX - Advisory, Audit and Accounting

Parsippany, NJ, January 8, 2024 – SAX, a top 100 accounting tax firm, proudly announces the promotion of Nina Bahazhevska, CPA, Mathew Giordano, CPA, MST, Gina Perrone, CPA, MST, Jeremy…

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FORM 1099 FILING INFORMATION
FORM 1099 FILING INFORMATION 400 400 SAX - Advisory, Audit and Accounting

In 2023, the IRS finally reduced the threshold requiring electronic filing to any company filing 10 or more total forms of any type.  It is important that employers review and…

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SAX Ranked as Top Accounting Firm by NJBIZ’s Reader Ranking
SAX Ranked as Top Accounting Firm by NJBIZ’s Reader Ranking 400 400 SAX - Advisory, Audit and Accounting

Parsippany, NJ, December 14, 2023 – SAX, a top 100 accounting, tax, and advisory firm in the nation, is proud to announce its inclusion on NJBIZ’s Reader Ranking List for 2023.  This year,…

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Effective January 1, 2024: The Corporate Transparency Act
Effective January 1, 2024: The Corporate Transparency Act 400 400 SAX - Advisory, Audit and Accounting

By Senior Tax Manager Samantha Guis & Partner & Practice Leader of International Tax Lisa Goldman The new filing requirements are nothing out of the ordinary in our ever-changing world…

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IRS Issues Proposed Regulations on Donor-Advised Funds
IRS Issues Proposed Regulations on Donor-Advised Funds 400 400 SAX - Advisory, Audit and Accounting

The Treasury Department has introduced long-awaited proposed regulations governing donor-advised funds (DAFs), responding to the surge in contributions that reached over $85 billion last year. These regulations aim to provide…

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How should I plan charitable gifts as we approach year-end? Through my estate plan?
How should I plan charitable gifts as we approach year-end? Through my estate plan? 400 400 SAX - Advisory, Audit and Accounting

My client is charitably inclined.  How should I be advising her as we approach the year-end?  My client wants to make a charitable bequest through his estate plan – what…

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SAX Continues Growth with Addition of Six Partners in Multiple Advisory Sectors
SAX Continues Growth with Addition of Six Partners in Multiple Advisory Sectors 400 400 SAX - Advisory, Audit and Accounting

Parsippany, NJ, November 9, 2023 – SAX, a top 100 accounting tax firm, continues its growth with the appointment of five new partners – Joseph J. Bulger; Rory Cahill, CPA; Julio…

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Driving Towards a Greener Future: The Clean Vehicle Credit Incentive
Driving Towards a Greener Future: The Clean Vehicle Credit Incentive 400 400 SAX - Advisory, Audit and Accounting

Benefitting both auto dealerships and consumers, clean vehicle owners can transfer their clean or used vehicle credit to a registered car dealership beginning in 2024.  The transfer is worth up…

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