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Sax Capital Advisors

SAX CAPITAL ADVISES LEGACY CONVERTING INC. ON ITS SALE TO ESSITY
SAX CAPITAL ADVISES LEGACY CONVERTING INC. ON ITS SALE TO ESSITY 400 400 SAX - Advisory, Audit and Accounting

New York, NY, February 10, 2022 ––Sax Capital Advisors (a subsidiary of SAX) served as exclusive strategic and financial advisor to Legacy Converting, Inc. on its sale to Essity, a leading global hygiene and health company.

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Paycheck Protection Program

SBA PROVIDES GUIDANCE SURROUNDING PARTIAL PPP LOAN FORGIVENESS APPEALS
SBA PROVIDES GUIDANCE SURROUNDING PARTIAL PPP LOAN FORGIVENESS APPEALS 400 400 SAX - Advisory, Audit and Accounting

On January 27, 2022, the Small Business Administration (SBA) released a procedural notice providing borrowers with a process to appeal certain situations in which the lender approved only partial Paycheck Protection…

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Not-For-Profit

Audit Threshold Raised for NJ Non-Profits
Audit Threshold Raised for NJ Non-Profits 400 400 SAX - Advisory, Audit and Accounting

On January 18, 2022, Governor Murphy signed legislation that would change the audit threshold for New Jersey not-for-profit organizations.  The previous “Charitable Registration and Investigation Act” required organizations with gross…

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Podcast Episode 15: State and Local Tax
Podcast Episode 15: State and Local Tax 500 500 SAX - Advisory, Audit and Accounting

Our TAKE 5 with SAX podcast was created so you can press pause on your busy day and leverage the knowledge of Sax’s resident experts on topics that matter to your life and your…

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SAX NAMES SIX NEW PARTNERS TO THE FIRM’S EXPANDING LEADERSHIP TEAM
SAX NAMES SIX NEW PARTNERS TO THE FIRM’S EXPANDING LEADERSHIP TEAM 500 500 SAX - Advisory, Audit and Accounting

Parsippany, NJ, January 6, 2022: Top 100 accounting, tax and business advisory leader, SAX, is proud to announce their next generation of firm leaders with the promotion of three Directors,…

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Cannabis

Applications Now Accepted for Certain Cannabis Applicants
Applications Now Accepted for Certain Cannabis Applicants 1100 450 SAX - Advisory, Audit and Accounting

Nearly 300 days after passing the law to legalize recreational cannabis, the New Jersey Cannabis Regulatory Commission (CRC) will begin accepting applications for those interested in Class 1 Cultivator licenses,…

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Cannabis

JOIN THE CANNABIS ROUNDTABLE: OPPORTUNITIES AND CHALLENGES IN THE EMERGING MARKETPLACE
JOIN THE CANNABIS ROUNDTABLE: OPPORTUNITIES AND CHALLENGES IN THE EMERGING MARKETPLACE 1100 450 SAX - Advisory, Audit and Accounting

The cannabis industry is evolving at a rapid pace – one state at a time.  NJ & NY are viewed as very lucrative hot spots for start-ups with a market…

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Sax Cannabis Advisors banner

New Jersey Adult-Use Cannabis Applications to be Released in December
New Jersey Adult-Use Cannabis Applications to be Released in December 1277 713 SAX - Advisory, Audit and Accounting

The New Jersey Cannabis Regulatory Commission (CRC) announced the start of license applications for the adult-use market during their November meeting.  Beginning on December 15, 2021, the CRC will release…

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tax planner using calculator

INFRASTRUCTURE ACT HALTS Q4 2021 EMPLOYEE RETENTION CREDIT FOR MANY EMPLOYERS
INFRASTRUCTURE ACT HALTS Q4 2021 EMPLOYEE RETENTION CREDIT FOR MANY EMPLOYERS 900 600 SAX - Advisory, Audit and Accounting

The Infrastructure Investment and Jobs Act (Infrastructure Act) ends the Employee Retention Credit (ERC) for wages paid after September 30, 2021 for many employers.  Recovery startup businesses, however, may continue…

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Tax Alert

Important Tax Reminder: Repayment of 50% of Deferred Payroll Taxes Due December 31
Important Tax Reminder: Repayment of 50% of Deferred Payroll Taxes Due December 31 400 400 SAX - Advisory, Audit and Accounting

Employers who took advantage of the CARES Act employer payroll tax deferral in 2020 are reminded that 50% of the deferred taxes must be paid no later than December 31,…

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“Sax” is the brand name under which Sax LLP and Sax Advisory Group LLC and its subsidiary entities provide professional services. Sax LLP and Sax Advisory Group LLC (and its subsidiary entities) practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Sax LLP is a licensed independent CPA firm that provides attest services to its clients, and Sax Advisory Group LLC and its subsidiary entities provide tax and business consulting services to their clients. Sax Advisory Group LLC and its subsidiary entities are not licensed CPA firms.
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