Parsippany, NJ, September 16, 2022 — Top 100 accounting, tax and business advisory leader, Sax LLP, has announced the addition of Scott J. Goldberg, CPA to the firm’s established Not-for-Profit…
read moreMost individuals who work for a non-profit organization or serve on the board of directors/trustees may not know what a conflict of interest means. People are often unaware that their…
read moreOn 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…
read moreIn February 2020, the FASB proposed an update to improve generally accepted accounting principles (GAAP) by increasing the transparency of contributed non-financial assets for not-for-profit (NFP) entities through enhancements to…
read moreTop 100 accounting, tax and business advisory leader, Sax LLP, is proud to announce the winner of the firm’s 3rd Annual Founders’ Award – NJ Sharing Network – for best demonstrating their impact on their beneficiaries.
read moreThe IRS has released Revenue Procedure 2019-22 which adds a third method for private schools to disclose its racially nondiscriminatory policy. For a private school to be recognized as exempt…
read moreProcurement and the purchasing process are much more than just having a policy in place for nonprofits. It is important to review the procurement section of the Uniform Guidance in detail to ensure you comply.
read moreClifton, NJ – February 13, 2019: Sax LLP, a leading accounting, tax and advisory firm recently held its second annual Founder’s Award ceremony which celebrated the good work of local…
read moreIn response to widespread diversity on how not-for-profits characterize grants and similar contracts as either exchange transactions or contributions with conditions, the Financial Accounting Standards Board (FASB) has issued new…
read moreIf you thought the Tax Cuts and Jobs Act would not impact most tax-exempt organizations, you were wrong. There are new provisions in place which can cause 501(c)(3), (4), 501(d)…
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