Tax Updates

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…

read more

WATCH THE TAX WITH SAX WEBINAR: A LOOK BACK AT Q2

WATCH THE TAX WITH SAX WEBINAR: A LOOK BACK AT Q2 400 400 SAX - Advisory, Audit and Accounting

In case you missed it, watch the Sax Tax update and listen in as our in-house tax experts discuss some hot topics with regards to federal tax credits/incentives and recent…

read more

New Jersey Adopts the Convenience of the Employer Rule for Nonresident Wage Sourcing

New Jersey Adopts the Convenience of the Employer Rule for Nonresident Wage Sourcing 400 400 SAX - Advisory, Audit and Accounting

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…

read more

New Jersey Enacts Changes to the Corporation Business Tax

New Jersey Enacts Changes to the Corporation Business Tax 400 400 SAX - Advisory, Audit and Accounting

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

SAX Legislative Update from the Hill

SAX Legislative Update from the Hill 400 400 SAX - Advisory, Audit and Accounting

On Tuesday, June 13th, the House Committee on Ways and Means (hereinafter the “Committee”) passed H.R. 3938 titled the Build It in America Act (hereinafter the “Act”) to restore American competitiveness…

read more

WATCH THE Q1 TAX WITH SAX WEBINAR: A FOCUS ON SALT AND INTERNATIONAL TAX

WATCH THE Q1 TAX WITH SAX WEBINAR: A FOCUS ON SALT AND INTERNATIONAL TAX 400 400 SAX - Advisory, Audit and Accounting

In case you missed it, watch as Sax’s in-house experts provide valuable information regarding international and state and local tax, including: Residency – How is residency is determined for individuals…

read more

I HAVE A GRANTOR TRUST AND AM TIRED OF PAYING THE INCOME TAX ON TRUST INCOME. WHAT CAN I DO?

I HAVE A GRANTOR TRUST AND AM TIRED OF PAYING THE INCOME TAX ON TRUST INCOME. WHAT CAN I DO? 400 400 SAX - Advisory, Audit and Accounting

In case you missed it, watch part one of our Estate Planning webinar series that will tackle the issue of grantor trusts and the burdensome income tax. Listen in as…

read more

California Nonresidents: Beware if Selling Partnership Interests

California Nonresidents: Beware if Selling Partnership Interests 400 400 SAX - Advisory, Audit and Accounting

On July 14, 2022, California released Legal Ruling 2022-02 that now recharacterizes the gain resulting from the sale of partnership interest as ordinary income and therefore taxable by the state.…

read more

Protecting You and Your Clients from Data Theft

Protecting You and Your Clients from Data Theft 400 400 SAX - Advisory, Audit and Accounting

Published in conjunction with S2 Technology Solutions and Sax’s State and Local Tax (SALT) Practice To state the obvious, the business world has undergone a substantial change relating to reliance…

read more

New York Amends PTET Tax and Implements New York City PTET Election

New York Amends PTET Tax and Implements New York City PTET Election 400 400 SAX - Advisory, Audit and Accounting

The deadline to make the revised New York State (“NYS”) pass-through entity tax (“PTET”) election and remit estimated tax due is quickly approaching. Generally, the due date for the election…

read more
SAX - Advisory, Audit and Accounting