Tax Updates

Tax Alert: Disaster Tax Relief Bill

Tax Alert: Disaster Tax Relief Bill 150 150 SAX LLP - Advisory, Audit and Accounting

On September 29, 2017, President Trump signed the Disaster Tax Relief and Airport and Airway Extension Act of 2017 (H.R. 3823) to provide temporary relief to taxpayers impacted by Hurricanes…

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Tax Alert: Framework Revealed for American Tax Reform

Tax Alert: Framework Revealed for American Tax Reform 150 150 SAX LLP - Advisory, Audit and Accounting

The Trump Administration released the “Unified Framework” for tax reform on September 27, 2017, which serves as a template for the tax-writing committees to develop tax legislation. The key initiatives…

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Tax Alert: Breaking Down the Trump Tax Proposal

Tax Alert: Breaking Down the Trump Tax Proposal 150 150 SAX LLP - Advisory, Audit and Accounting

The White House issued “core principles” of its proposed tax reform plan yesterday, echoing many of the promises President Trump made during his campaign. While the plan leaves some questions…

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Form 1099 Filing Information

Form 1099 Filing Information 150 150 SAX LLP - Advisory, Audit and Accounting

While 2016 brought no significant changes to 1099 filing requirements (except due dates noted below), it is important that employers review and understand the existing compliance procedures.  Not only will…

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2016 Year-End Tax Reminders

2016 Year-End Tax Reminders 150 150 SAX LLP - 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 LLP - 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 LLP - 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 LLP - 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 LLP - 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 LLP - 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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