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

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

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 revisions to Form I-9 (Employment Eligibility Verification). ACA Relief On Friday, the Internal Revenue Service issued Notice 2016-70 to provide relief to employers subject to…

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

Tax Alert: Post-Election Update

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 be in store for you and your business? Although no official policies will be passed until after President-elect Trump takes office in January, here are…

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

2016-2017 Tax Planning Guide

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 to both year-end planning for 2016 and proactive 2017 planning. As is the case with most tax planning strategies, a personalized analysis should be conducted…

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

Living and Dying in New Jersey Just Got More Affordable

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 of a reduction in sales tax, increase in the retirement income exclusion, increase in the earned income credit and a new personal exemption for veterans.…

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12th Annual Bankers Breakfast: Mastering the Client Experience in Every Vertical Market 150 150 SAX - Advisory, Audit and Accounting

12th Annual Bankers Breakfast: Mastering the Client Experience in Every Vertical Market

Successful client relationships require a unique approach to every industry you serve. Business clients depend on their financial professionals to understand the intricacies of their vertical markets and help them navigate the ups and downs of each one. On September 28th, let the industry experts at Sax guide you through the latest developments and trends…

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FOCUS Newsletter: September 2016 150 150 SAX - Advisory, Audit and Accounting

FOCUS Newsletter: September 2016

Welcome to the first issue of the Sax Focus newsletter. Underneath the new name and brand, we are excited to share more of the expert insights and actionable advice that we have been delivering to your businesses and industries for decades. To read this month’s newsletter, please click here.  

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Apply These Three Tips to Keep Your Not-for-Profit Out of the Headlines 150 150 SAX - Advisory, Audit and Accounting

Apply These Three Tips to Keep Your Not-for-Profit Out of the Headlines

Recently, a former not-for-profit executive director from Long Island made headlines after being indicted on charges of embezzling hundreds of thousands of dollars from Human First, Inc., a social services charity she ran for six years. The misdirected funds were used to pay for credit card debt, home renovations, vacations and other personal expenses. As…

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FASB Issues New Standards for Not-for-Profit Financial Reporting 150 150 SAX - Advisory, Audit and Accounting

FASB Issues New Standards for Not-for-Profit Financial Reporting

For the first time in more than 20 years, not-for-profit financial reporting will receive a much-needed makeover.  On August 18, 2016, the Financial Accounting Standards Board (FASB) issued its new accounting standards for not-for-profit organizations. These rules are designed to help not-for-profits communicate their financial condition more effectively and eliminate unnecessary requirements from the previous…

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