Tax Updates

2016 Year-End Tax Reminders

2016 Year-End Tax Reminders 150 150 SAX - Advisory, Audit and Accounting

With the end of the year upon us, we at Sax want to remind you of some important tax changes and benefits that will impact your planning and preparation for…

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Tax Alert: Employers Affected by Recent Updates from the IRS and USCIS

Tax Alert: Employers Affected by Recent Updates from the IRS and USCIS 150 150 SAX - Advisory, Audit and Accounting

Employers should take note of two important notices made by the federal government last week. These announcements involved changes to the Affordable Care Act (ACA) reporting requirements in 2016 and…

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Tax Alert: Post-Election Update

Tax Alert: Post-Election Update 150 150 SAX - Advisory, Audit and Accounting

Taxes took center stage in much of the pre-election rhetoric from both presidential candidates. Now that Donald Trump has secured his place in the White House, what tax changes may…

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2016-2017 Tax Planning Guide

2016-2017 Tax Planning Guide 150 150 SAX - Advisory, Audit and Accounting

As the 2016 tax year draws to a close, Sax would like to share a personal income tax planning guide for your reference. Many of the strategies presented are applicable…

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Living and Dying in New Jersey Just Got More Affordable

Living and Dying in New Jersey Just Got More Affordable 150 150 SAX - Advisory, Audit and Accounting

On October 14, 2016, Governor Christie signed a bill that represents a big step forward in helping both New Jersey residents and the state itself.  Residents will reap the benefits…

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NJ Legislation Impacts Trustees, Trusts and Beneficiaries

NJ Legislation Impacts Trustees, Trusts and Beneficiaries 150 150 SAX - Advisory, Audit and Accounting

Recent legislation enacted by New Jersey lawmakers has a significant impact on trustees, trusts and their beneficiaries. The Uniform Trust Code (“Code”) became effective in New Jersey on July 17,…

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New Qualified Improvement Property Eligible for Bonus Depreciation

New Qualified Improvement Property Eligible for Bonus Depreciation 150 150 SAX - Advisory, Audit and Accounting

The Protecting Americans from Tax Hikes (PATH) Act of 2015 modified, extended and made permanent several provisions relating to bonus depreciation. One change that seems to have gone relatively unnoticed…

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SAX - Advisory, Audit and Accounting