Sax LLP

We would like to give a very special shoutout to some of our Respect Sponsors for our upcoming 4 MILER!

Thank you to Vericon Construction Company , Turner Surety and Insurance Brokerage, Inc., Newman, Simpson & Cohen, C&H Agency, BNE Associates, Packing Distribution Resources, P&R Fasteners, New Line Structures & Development, Radiology Associates of Ridgewood P.A., and Doors By John.

Learn more about this year's 4 MILER here: https://hubs.li/Q02J3L3s0.

New Jersey Governor Phil Murphy has recently signed various tax bills as part of the annual budget process, including the imposition of a 2.5% corporate transit fee.

Learn more about it here: https://hubs.li/Q02HNf210.

SAX recently held its annual summer picnic at the beautiful Forest Lodge in Warren, NJ! Our team enjoyed an unforgettable afternoon on the "Boardwalk," packed with great food, fun activities, and wonderful company.

A huge thank you to everyone who joined us and made the day unforgettable.

Registration for SAX’s 4 MILER is open! Whether you’re a seasoned runner, a leisurely walker, or bringing your little ones for the kids’ dashes, your participation makes a meaningful impact.

Participating in this year’s 4 MILER provides a wonderful opportunity to come together with friends, family, and colleagues for a day of fun, fitness, and philanthropy. It's not just about crossing the finish line; it's about making a difference and supporting a cause that truly matters.

Learn more about how you can get involved in this year's 4 MILER here: https://hubs.li/Q02Hf3ql0.

Join SAX on August 15 at 11 AM EST for a conversation with our experienced business advisors on best practices for selling a business. Regardless of your business’s size or industry or whether you're considering selling in the near or far future, this webinar will equip you with the essential tools and strategies needed to help make the complex process a bit more simple.

Learn more and register here: https://hubs.li/Q02GWNK70

Today, we celebrate the land of the free and the home of the brave. Let's honor our nation's history, cherish our freedoms, and come together with family and friends to enjoy fireworks, barbecues, and all the festivities that make this day special.

Wishing everyone a safe and joyous Independence Day!

SAX is thrilled to announce the launch of its innovative talent development initiative, leveraging the adaptive e-learning platform, Amplifire. This initiative addresses the need for continuous skill advancement amidst the rapid changes brought about by automation, globalization, and artificial intelligence (AI).

“Innovation and leveraging cutting-edge technologies are paramount to SAX’s overall growth strategy,” said SAX LLP CEO and Managing Partner Joseph Damiano. “By adopting advanced technologies such as AI, the firm enhances its efficiency in traditional accounting tasks while ensuring accuracy and compliance.”

Learn more about this initiative and read the full press release here: https://hubs.li/Q02DJHW70.

We are excited to invite you to the 13th annual 4 MILER on September 21 at SAX’s Headquarters in the heart of Parsippany, NJ! This transformative run/walk event directly supports the Child Life Department at St. Joseph’s Children’s Hospital in Paterson, NJ. Since 2012, the 4 MILER has raised over $925,000, making a significant impact on the lives of their pediatric patients. This year, with your support, we aim to surpass the $1 million milestone.

The Child Life Department provides critical quality-of-life therapies to children facing chronic, life-threatening, or terminal illnesses. These therapies help mitigate the negative effects of hospitalization, offering comfort and joy to patients. However, these essential services depend entirely on outside funding, making our event—and event sponsors—crucial.

Learn more about our sponsorship opportunities and how you can get involved here: https://hubs.li/Q02DfyqF0

In today’s fast-paced consumer products landscape, staying ahead demands innovative solutions. In case you missed it, watch as our panel of experts delve deep into an insightful discussion on automation and all things inventory.

We had an overwhelming amount of questions come in after the webinar, and with that, we’d like to invite you to join us once more as our experts come together for a live Q&A session on July 11 at 2 PM EST. Here you'll have the opportunity to ask your questions in real-time or submit them in advance.

Watch the recording and register for the second webinar here: https://hubs.li/Q02D2xvJ0.

Watch the Webinar: Inventory Management in Consumer Products - SAX LLP - Advisory, Audit and Accounting In today’s fast-paced consumer products landscape, staying ahead demands innovative solutions. In case you missed...

When it comes to culture, SAX’s CEO and Managing Partner Joseph Damiano talks the talk and walks the walk. He firmly believes that a supportive and empowering culture can have outsized returns for a company and its clients. Hear more about Joe's POV in his recent interview with Ethan Chazin, MBA of the Chazin the Dream podcast.

Learn more about Ethan and the Chazin Group here: https://lnkd.in/eNNg7MNQ.

Chazin-the-Dream: S2E10 with Joseph A Damiano, CEO SAX LLP Joseph Damiano was named Sax LLP’s Managing Partner in 2015. He currently leads SAX LLP’s strategic growth initiatives, staff development, and the overall ma...

Interested in running or walking to support a good cause?

SAX LLP’s 13th annual 4 MILER features a -certified course and family fun activities in an effort to raise money for quality-of-life therapies to the pediatric patients of St. Joseph’s Children’s Hospital.

With $925,000 total dollars raised to date, help us cross the finish line of surpassing $1 million.

Sign up now: https://hubs.li/Q02vpvXm0

St. Joseph's Health

Recent changes to multistate tax rules introduce new state income tax filing requirements for online wholesalers and retailers and updated international business income tax filing rules for U.S. retailers whose management is based outside the country.

Join us on Tuesday, June 25 @ 2:00 PM EST as our tax experts provide valuable information on these recent updates to help you navigate their complexities.

Learn more and register for the webinar here: https://hubs.li/Q02B4J3d0.

We are thrilled to share highlights from SAX's Nonprofit Industry Update on June 6. Hosted at The Westin in Times Square, our esteemed panel of speakers consisted of Robert Owen, Chief Information Officer at SAX Technology Advisors, Lauren Frary, Director of Strategic Business Transformation at SAX LLP, and Randy Peers, President & CEO of Brooklyn Chamber of Commerce, discussed timely nonprofit topics, ranging from cybersecurity to board structures.

Once again, we want to thank our event sponsors, Metropolitan Commercial Bank, Paychex, and USI, for helping make this event a success.

We hope everyone took away valuable knowledge and insights to further their nonprofit's amazing work, and look forward to seeing everyone again next year!

We are excited to announce the next exhibitor for our upcoming Nonprofit Industry Update on June 6!

USI is one of the largest insurance brokerage and consulting firms, delivering property and casualty, employee benefits, personal risk, program, and retirement solutions to large risk management clients, middle market companies, smaller firms, and individuals.

Learn more about the event and register here: https://hubs.li/Q02zFb3w0.

There are just two more weeks to submit your applications for SAX's 7th annual Founders' Award!

This year, we celebrate EMPOWERMENT and the nonprofits that work to equip others with resources, skills, knowledge, and opportunities that set them up for success. Apply for a chance to win:

1st place: $20,000 unrestricted gift
2nd place: Mission Moment video package provided by Beard and Bowler Productions
3rd place: $5,000 unrestricted gift

Learn more and apply here: https://hubs.li/Q02zkJWM0

Last night, SAX's Managing Partner Joseph Damiano and Partners Eric Seidman and Gina Perrone attended the 30th anniversary celebration of Preserv, a long-standing client of the firm at the Scholastic on Mercer Street in NYC.

On behalf of SAX, we congratulate them on this momentous occasion and wish them continued success in the years to come.

SAX's Senior Manager, Lisa DiNozzi, and Partner, Jason Borofsky, from our Real Estate team, recently attended NAIOP's 37th Annual Commercial Real Estate Awards at The Palace at Somerset Park to celebrate the outstanding achievements of industry professionals.

On behalf of SAX, we congratulate the night's honorees and thank them for their impactful contributions to the Real Estate industry.

Our offices will be closed on Memorial Day to remember the brave men and women who made the ultimate sacrifice for our freedom. Their courage, valor, and selflessness have shaped our nation and will never be forgotten.

Our firm’s leadership convened the past 3 days for our annual Leadership Summit that serves as an inspiring and forward-thinking forum to discuss our strategic goals and direction for the future. This year, we focused on defining our firm strategy, exploring ways to scale amidst future growth, and harnessing rapid change for success. Discussions also emphasized the importance of strengthening our relationship with technology and included updates and future plans for our teams, processes, and technological advancements. We’re excited to implement these insights and drive our firm forward! 🚀

We are excited to announce the exhibitors for our upcoming Nonprofit Industry Update on June 6!

Metropolitan Commercial Bank is a New York City based full-service commercial bank that provides a broad range of business, commercial and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities and local government entities.

Paychex is a provider of integrated human capital management solutions for payroll, benefits, human resources, and insurance services.

Want to hear more about our exhibitors? Register for the event here: https://hubs.li/Q02xjk9p0

Congratulations to SAX’s Nonprofit Leader David Ashenfarb for being honored at the Concerned Home Managers for Elderly Home Care’s 40th Celebration for his years of service to the organization. We would also like to congratulate and thank COHME for their dedication to providing support and compassion to families when they need it most for four decades. Learn more about their mission and how you can help support their staff and beneficiaries here: https://hubs.li/Q02xzXm50.

We invite you and your family to our state-of-the-art headquarters on Saturday, September 21, for our annual SAX 4 MILER in the heart of Parsippany for a morning of fun and celebration. This is the 13th consecutive year we have held our beloved fundraiser, and as always, 100% of the money raised will go directly to support St. Joseph's Children's Hospital in Paterson, NJ.

We are excited to announce that registration for this year’s 4 MILER is now open! Over the past 12 years, we've raised nearly $925,000 for the Child Life Department. We're now on the cusp of reaching our goal of $1 million, and we invite you to join us in crossing that finish line!

Learn more about the 4 MILER here: https://hubs.li/Q02xg05W0

Client Karen Siciliano was recently interviewed by NJBIZ, discussing her journey in the M&A space and how SAX advised her along the way.

Watch the full interview here:

Banker-turned-landscape-company owner shares why she decided to sell For more than 80 years, Siciliano Landscape Co. operated as an independent, family-run business. The company is now part of Mariani Premier Group – a much la...

Congratulations to SAX LLP CEO and Managing Partner Joseph Damiano for being named to Forbes’ inaugural list of America’s Top 200 CPAs!

The list highlights the elite in the profession, recognizing CPAs for their impressive track records and the barriers broken to emerge as leaders in their fields, as well as how they’ve advanced the profession and given back to their communities.

Learn more about how Joe’s professional experience earned him this recognition: https://hubs.li/Q02wm1KM0

In today's fast-paced consumer products landscape, staying ahead demands innovative solutions. Join us on June 12th at 2:00 PM EST for an insightful discussion on automation and all things inventory.

Our panel of experts will delve deep into topics such as latest trends and challenges in inventory management and how automation is reshaping the industry.

Learn more and register for the webinar here: https://hubs.li/Q02w047F0.

Alongside the $20,000 first-place prize for this year’s Founders’ Award and Beard and Bowler Production’s Mission Moment video package for second-place, we are elated to announce that the third-place winner will be awarded a $5,000 unrestricted cash prize, courtesy of Valley Bank.

We extend our heartfelt gratitude to Valley Bank for its commitment to recognize and reward the exceptional efforts of nonprofits.

The application window for the 2024 Founders’ Award is open now through June 14. Click the button below to learn more and apply for this year’s Founders’ Award. Learn more and apply here: https://hubs.li/Q02w0YN70

The U.S. Drug Enforcement Administration (DEA) has proposed significant developments in the regulatory landscape surrounding cannabis. In this proposal, cannabis will be reclassified as a Schedule III controlled substance from its current Schedule I status. This decision marks a notable shift in how cannabis is perceived and regulated within the legal framework.

Read on for some key highlights of what this change can mean for you and your cannabis operation: https://hubs.li/Q02vVlrc0.

We are thrilled to announce that this year’s SAX 4 MILER will be held on Saturday, September 21, at our state-of-the-art headquarters in the heart of Parsippany, NJ! This is our 13th consecutive year hosting this beloved fundraiser, and as always, 100% of dollars raised will go directly to support St. Joseph's Children's Hospital in Paterson, NJ.

We can’t do this without you! Please consider supporting our 4 MILER this year by participating, donating, and/or sponsoring, and helping us to better the lives of those at St. Joseph’s Children’s Hospital.

Learn more here: https://hubs.li/Q02vq-tx0

We're thrilled to announce our second-place prize for this year's Founders' Award!

Beard & Bowler Productions, renowned for their exceptional storytelling prowess, has graciously offered the runner-up a complimentary Mission Moment video package valued at $20,000!

Learn more and apply here: https://hubs.li/Q02vcD100

In the latest episode of our Nonprofit Fundamentals video series, our hosts delve into the complex realm of revenue recognition, unpacking its various intricacies. They thoroughly examine the diverse aspects and considerations tied to this crucial financial concept, offering comprehensive insights and fostering a deeper understanding among our audience.

Learn more and watch episode 3 here: https://hubs.li/Q02v3Xv00.