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MARCH 2021 Sax BUZZ

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THE BUZZ


MESSAGE FROM JOE DAMIANO

Team, First and foremost, as we continue to work towards our extended busy season deadline, many hours and efforts are being spent going above and beyond our standard call of duty and we thank you for stepping up to address this year’s unique set of challenges. The pandemic still proves to be a great disruption to businesses in many ways, but we’ve been doing a great job exceeding our clients’ expectations and delivering superior services and results through it all. Whether this is your first tax season with Sax or your 20th, we are truly grateful for your hard work and dedication. We’ve also done a great job working to educate team members, clients, prospects and COIs on the updates and new information that continues to be released that impacts us. We must continue to have helpful and reassuring discussions with clients and further demonstrate our role as their valuable business advisor – now more than ever. For some exciting news, Accounting Today has ranked Sax #95 on their list of “Top Accounting Firms” in the country and as a “Regional Leader”. That moves us up 3 spots from last year (#98)! We’ve also been recognized on the lists of “America’s Best Tax and Accounting Firms” by Forbes for the second straight year and named a “Top Workplace” by NJ.com. Our team is certainly the main component to our success, and we thank you again for your dedication to Sax and all that you do on a daily basis.

All my best,


SAX'S COMMITMENT TO RECOVERY

We encourage everyone to get vaccinated when the vaccine is available to you. This is important for your own health and safety and the health and safety of others. At the same time, we understand that there are reasons an individual may not be able to, or choose not to be vaccinated, so it is not mandatory. To help those who want to get vaccinated, below are links to information about the vaccination plan in New Jersey and New York. Information will be updated regularly. We encourage you to sign up with your local government, physician and pharmacy, to ensure you are receiving the most up-to-date information and that you have an opportunity to make an appointment as soon as it is available to you. New Jersey COVID-19 Vaccination Information New York COVID-19 Vaccination Information To guide office planning and client planning, it is necessary for Sax to confidentially collect vaccination status. You can find the details in this Vaccine Reporting document. While this disclosure is voluntary, it is very helpful for us to have this information for client engagement and business planning. Parsippany Office Until a vaccine is widely available the Firm will continue to offer employees, except those who are essential to coming into the office, the choice and flexibility of coming into the Parsippany office. Regardless of your vaccination status and decision, please continue to follow the Firm protocols found here to stay safe and healthy. When you do come into the Parsippany office you must use the Skedda reservation system. If you plan on returning to the office, please let IT know in advance so they can work with you on your workstation setup.


BUSINESS DEVELOPMENT RECENT WINS (March 9 - April 5)

TOTAL WINS YTD

TOTAL RECURRING WINS YTD

$2,248,400

$1,827,650

NEW CLIENT WINS

ENGAGEMENT TEAM

Fairway Markets, Inc. KSC Holding Co., LLC Mizo Partners, LLC

George Livanos Debbie Nappi Elliott Koplitz

Asian American Sourcing Alliance Inc

Stephen Ehrenberg

Gaucho Enterprises / Fiver Rivers Rx

Al Traverso

Dental Arts of Hoboken Unity Capital, LLC

Debbie Nappi Adam Feldman

Paradigm Therapeutic Day School

Todd Polyniak

CTC Academy

Todd Polyniak

Appliance Brokers Ltd

Todd Polyniak

Castle Ridge Construction

Todd Polyniak


HUMAN RESOURCES

Please join us in giving a warm welcome to the newest members of our Sax family. Victoria Salge

CSA, SaxWA, Part-Time | Parsippany | 3.08.21

Hetal Bhimani

CSA, SaxWA | Pennington | 3.18.21

The following employees are no longer with the firm. We wish them the best in their future endeavors. Annette Marzigliano Jennifer Han Joshua Weinberg

CSA | NYC | 3.24.21 Tax Manager | NYC | 3.26.21 Manager | NYC | 3.18.21

for everyone's hard work and to those who have been taking time out to train team members!


Sax's new TAKE 5 with SAX podcast, hosted by Todd Polyniak & Craig Cassano, was created so our clients can press pause on their busy work days and leverage the expertise of Sax’s resident experts who provide important things to know NOW on topics that matter to their life and business.

Topic Focus: Estate Tax Release Date: 2.15.21 Special Guest: Joy Matak, JD, LLM Co-Head, Sax Trusts & Estates

Listen Here

Topic Focus: Employment Law Release Date: 3.02.21 Special Guest: Randi W. Kochman Chair of Employment Group, Cole Schotz

Listen Here

Topic Focus: E-Commerce Release Date: 3.16.21 Special Guest: Joshua Chananie, CPA Head, Sax Manufacturing & Distribution

Listen Here

Topic Focus: Paycheck Protection Program Release Date: 3.29.21 Special Guest: Stephen Ehrenberg, CPA, MBT Sax COVID-19 Recovery Task Force

Listen Here


New Sax Employee Directory!

We are excited to announce the launch of our new Employee Directory as a key resource for team member information in one centrally located system. This includes team members’ contact information, job titles, office location, specialties and more. As Sax continues to expand, especially while working remote, we understand how important it is to be able to easily navigate our different teams, have access to the contact information and different expertise of our team members, and put faces to our growing team. Check out Sax’s new Employee Directory here. A link to the Employee Directory can be found on our Sharepoint’s homepage demonstrated in red on the following screenshot:

We hope you enjoy our new Employee Directory, and that you leverage it to build better working relationships with our team members.


Sax is thrilled to once again offer local non-profits the chance to apply for and win a $15,000 unrestricted gift to support their organization’s mission through the firm’s beloved Founders’ Award. If you know of a non-profit who should apply, please forward their email address to FOUNDERSAWARD@saxllp.com by May 3 so they can be provided with the application package to submit. For questions, we invite you to watch our webinar presentation that discussed this year’s Award theme, application timeline and more. Watch it here.


March Birthdays We'd like to wish a happy birthday to the following team members who celebrated a birthday in March. Debra Karacsony

March 5

Jessica Peralta

March 5

Matthew Goldstein

March 6

Michael Rolls

March 6

Susan Reed

March 7

Jane Zuroff

March 7

Chris Gaffney

March 8

Carole Lombardi

March 8

Ryan Fidlow

March 12

Julia Prager

March 14

Eric Seidman

March 15

Stuart Berger

March 20

Vincent Gaspari

March 20

Jeff Holt

March 21

Ethan Grubman

March 22

Allan Arce

March 23

Randal Natoli

March 24

Helena Lynch

March 30


April Birthdays We'd like to wish a happy birthday to the following team members who have and will be celebrating a birthday in April.

Kathleen Rutch

April 1

Massiel Rojas

April 1

Rachelle Brown

April 2

Victoria Salge

April 3

Joseph Damiano

April 4

Adam Apidopoulos

April 5

Jennifer Tosi

April 9

Amanda Malko

April 15

Nicole Sinatra

April 18

Diana Djuric

April 23

Suzanne Yang

April 25

Missy O'Shea

April 29

Peter Calicchio

April 30


COVID-19 RESOURCE CENTER

Now is the time to help our clients prepare for the road to recovery. With changes constant and released guidance ongoing, lean on Sax's Resource Center to stay in the know with the most recent updates.

LOAN PROGRAMS

TAX ALERTS

BUSINESS RESOURCES

WEBINARS

NJ, NY UPDATES

SUPPORT YOUR LOCAL BUSINESSES


SAX'S "WALL OF SUPPORT"

These are trying times for us all as the question of when we will resume “business as usual” is surrounded by uncertainty. In an effort to assist our clients when they need it most, we have created a “Wall of Support” which includes a number of organizations who could use our backing. We encourage you to explore to see if there is a way you can lend a hand, whether that be by utilizing their services or donating to their cause.

If you have a client that would like to be included on our “Wall of Support,” please have them email covid19@saxllp.com with their company logo (.png, .eps, .ai, or pdf format) and the proper URL where to direct supporters.


Did you know that our Parsippany office has a TerraCycle Recycling Station? In an effort to move towards zero waste, our Parsippany office is a site for TerraCycle's national recycling program. Instead of discarding things like light bulbs, corks, bottle caps, pens/pencils/markers, coffee capsules and oral care, we encourage you to take advantage of our office's drop off location for these items so they can be recycled appropriately. Our recycling station can be found on Floor 1. Together we can build responsible habits and make a positive difference on our environment. Click here for an example recycling program you can do from home! Read more about TerraCycle here.


and Sax At Sax, we value feedback from our employees. Glassdoor is a platform where employees rate their employer on a scale of 1-5 stars and leave comments, detailing their experience at their company. We would like to encourage team members to participate in leaving a rating to help recruiting and entice high-quality candidates to apply at Sax.

To participate, follow these simple steps: 1. Create an account 2. In the search bar, enter Sax 3. Select Company in the dropdown box 4. Enter Parsippany location 5. Click on the blue Add a Review box


ANYTHING TO ADD? Email marketing@saxllp.com


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