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Q2 Tax with SAX 400 400 SAX LLP - Advisory, Audit and Accounting

Q2 Tax with SAX

Join us for our next Tax with SAX webinar on Tuesday, June 17 at 2 PM EST where some of our tax leaders will unpack recent and upcoming tax changes. From state updates to federal legislative proposals, our experts will help you understand the implications of these developments and how you can navigate them in…

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TAX ALERT: Important Information Regarding the NEW New Jersey Tax Portal 400 400 SAX LLP - Advisory, Audit and Accounting

TAX ALERT: Important Information Regarding the NEW New Jersey Tax Portal

New Jersey has launched the first phase of its modernized tax-filing system. Business owners can create profiles on the NJ Tax Portal to access filing assistance, account details, payment history, and to manage filings. Portal profiles also allow taxpayers to store information for future filings. Portal profiles also allow businesses to streamline filings, and delegate…

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New York Enacts Budget for Fiscal Year 2025-2026 with New Tax Provisions 400 400 SAX LLP - Advisory, Audit and Accounting

New York Enacts Budget for Fiscal Year 2025-2026 with New Tax Provisions

On May 9, 2025, New York Governor Kathy Hochul signed A3009, implementing the state’s budget bill (the “law”) for the 2025-2026 state fiscal year. The law contains many tax provisions summarized below. Estimated Personal Income Taxes The threshold for filing estimated taxes is increased from $1,000 to $5,000, for tax years beginning on or after January…

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Tax Alert: The One, Big, Beautiful Bill 400 400 SAX LLP - Advisory, Audit and Accounting

Tax Alert: The One, Big, Beautiful Bill

The House of Representatives Ways and Means Committee released their much-anticipated tax bill – “The One, Big, Beautiful Bill” – on May 12, 2025. Many of the proposed changes appear aimed at middle-class and small business relief, while also offering expanded business deductions. The bill could change substantially before it is signed into law. Stay…

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BE-10 Benchmark Survey: U.S. Direct Investment Abroad 400 400 SAX LLP - Advisory, Audit and Accounting

BE-10 Benchmark Survey: U.S. Direct Investment Abroad

Every five years, the U.S. Direct Investment Abroad survey is to be filed out for the Bureau of Economic Analysis. This is currently due on May 30, 2025, for those with fewer than 50 forms to be filed and June 30, 2025, for those with 50 or more forms to file. The BE-10 is required…

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SAX’s 2025 Nonprofit Industry Update 400 400 SAX LLP - Advisory, Audit and Accounting

SAX’s 2025 Nonprofit Industry Update

Join Sax LLP on Thursday, June 5, 2025 in NYC for an in-depth discussion on the latest trends shaping the Nonprofit industry, key financial and compliance updates, and actionable strategies to ensure long-term sustainability and impact.

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CTA Update: FinCEN Interim Final Rule on Beneficial Ownership Reporting 400 400 SAX LLP - Advisory, Audit and Accounting

CTA Update: FinCEN Interim Final Rule on Beneficial Ownership Reporting

On March 21, 2025, the Financial Crimes Enforcement Network (“FinCEN”) announced the issuance of an interim final rule that significantly changes the reporting requirements for beneficial ownership information (“BOI”) under the Corporate Transparency Act (“CTA”). Here are the key takeaways: 1. Removal of BOI Reporting Requirement for U.S. Companies and Persons: FinCEN has removed the…

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SAX Announces Key Leadership Appointments: New Director of Cannabis and Head of Tax Controversy 1400 858 SAX LLP - Advisory, Audit and Accounting

SAX Announces Key Leadership Appointments: New Director of Cannabis and Head of Tax Controversy

Parsippany, NJ, March 13, 2025 – SAX LLP, a leading accounting and advisory firm, is pleased to announce the addition of Allison Kirchhofer , CPA, MBA as Director of Cannabis and the internal promotion of Mathew Giordano, CPA, MST to Head of Tax Controversy. These strategic appointments reinforce the firm’s commitment to providing top-tier advisory and…

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