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President Trump Enacts the One, Big, Beautiful Bill Act 400 400 SAX - Advisory, Audit and Accounting

President Trump Enacts the One, Big, Beautiful Bill Act

On July 4, 2025, President Trump signed the One, Big, Beautiful Bill Act (OBBB) into law, enacting significant tax reforms with wide-ranging implications for individuals and businesses. Aimed at delivering meaningful tax relief to the middle class and small businesses, the OBBB brings several notable changes: Individual Provisions: SALT deduction cap increased from $10,000 to…

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Mission & Money: The Importance of Investment Policies for Nonprofits 400 400 SAX - Advisory, Audit and Accounting

Mission & Money: The Importance of Investment Policies for Nonprofits

Join SAX’s Nonprofit Group and SAX Wealth Advisors for an educational webinar on July 30 at 2 PM EST, designed specifically to help nonprofit leaders, board members, and financial decision-makers optimize their investment approach and better support long-term impact. During this session, our speakers will dive into: Becoming more donor-friendly through your investment policy Aligning…

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From Reports to Results: Applying the Giving USA 2025 Data to Your Nonprofit’s Strategy 400 400 SAX - Advisory, Audit and Accounting

From Reports to Results: Applying the Giving USA 2025 Data to Your Nonprofit’s Strategy

Charitable giving hit $592.5 billion in 2024, rebounding after two years of decline and finally outpacing inflation. But giving trends remain uneven—and many nonprofits are still feeling the pressure of economic uncertainty and shifting donor behavior. Join us on July 23 at 10 AM EST for a timely look at the Giving USA 2025 Report…

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Tax Alert: Senate Releases Version of the 2025 Tax Bill 400 400 SAX - Advisory, Audit and Accounting

Tax Alert: Senate Releases Version of the 2025 Tax Bill

On June 16, 2025, the Senate Finance Committee released its version of the tax bill – “The One, Big, Beautiful Bill” (OBBB). The President has expressed the goal of signing the bill into law by July 4, 2025. The Senate’s proposal follows the House version introduced last month, but includes several key differences in income…

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How the First Sale Rule Could Potentially Reduce Tariffs When Used Correctly 400 400 SAX - Advisory, Audit and Accounting

How the First Sale Rule Could Potentially Reduce Tariffs When Used Correctly

The First Sale Rule is a powerful but often underutilized provision in U.S. customs law that allows importers to potentially reduce the amount of duties they owe on imported goods. At its core, the rule permits an importer to base the calculation of duties on the price paid in the first sale of goods in…

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SAX Expands Its Footprint in New Jersey and Bolsters Real Estate and Private Client Services Capabilities with Acquisition of Sewald & Anastasia CPAs 400 400 SAX - Advisory, Audit and Accounting

SAX Expands Its Footprint in New Jersey and Bolsters Real Estate and Private Client Services Capabilities with Acquisition of Sewald & Anastasia CPAs

Parsippany Headquarters, NJ – June 10, 2025 – SAX, a leading accounting, tax, and advisory firm ranked among the top 100 in the nation, is excited to announce its acquisition of Sewald & Anastasia CPAs, effective June 1, 2025. This strategic alliance enhances SAX’s presence in Monmouth County, New Jersey and strengthens its real estate…

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Watch the Q2 Tax with SAX Webinar 400 400 SAX - Advisory, Audit and Accounting

Watch the Q2 Tax with SAX Webinar

In case you missed it, watch as some of our tax leaders 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 this evolving tax landscape. Topics include: Provisions of The One, Big, Beautiful…

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TAX ALERT: Important Information Regarding the NEW New Jersey Tax Portal 400 400 SAX - 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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