It is fairly common for a client to ask how an irrevocable trust might help a beneficiary to buy a house. There are many different options for how to handle…
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Parsippany, NJ – July 27, 2023 – Sax LLP CEO and Managing Partner Joseph A. Damiano announces the firm has made the prestigious INSIDE Public Accounting’s (IPA) list of Top…
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On July 21, 2023, New Jersey Governor Phil Murphy signed legislative Bill A. 4694 into law. The new law includes a convenience of the employer rule for sourcing wages of…
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We are thrilled to present the latest installment of the Sax FOCUS Newsletter, and we must say, it’s truly one for the books! Packed with invaluable insights and expert analysis,…
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On July 3rd, 2023, New Jersey Governor Phil Murphy signed Senate Bill 3737 (Assembly Bill 5323), enacting significant changes to the New Jersey Corporation Business Tax (“CBT”). Some of the…
read more A client is buying life insurance, do they really need to set up an irrevocable life insurance trust (“ILIT”) to own that insurance? With high estate tax exemptions is that…
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Have questions about applying for this year’s Founders’ Award? Watch as Sax’s Nonprofit Partners April Kushner and Adam Holzberg review the application package and answer common application questions. Watch the…
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On Wednesday, July 5, 2023, Chief Justice Stuart Rabner announced three (3) New Jersey counties will resume civil and divorce trials that were suspended earlier this year due to Judge…
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Parsippany, NJ, July 7, 2023 – Sax LLP has been ranked as the 13th largest accounting firm in New Jersey by NJBIZ in the media property’s 2023 Top Accounting Firms…
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As a nonprofit, you have likely been asked many times, “What is your program expense percentage?” But what does this percentage actually mean, and what does it mean for your…
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