THE BUZZ
MESSAGE FROM OUR MANAGING PARTNER
Team, I would like to take this time to announce some new and exciting acknowledgements of our firm by some of the leading publications in the state and country. Recently in May we announced our recognition by Forbes Magazine as one of “America’s Best Tax Firms,” our recognition by Construction Executive as a Top 50 Construction Accounting Firm in the country, and by Accounting Today which includes ranked #98 on their list of top accounting firms in the country, #19 on their list of top Mid-Atlantic firms, and #29 on their "Wealth Magnet" rankings of the Top 150 Firms by Assets Under Management. Since then, I am proud to announce that we’ve been recognized by INSIDE Public Accounting on their list of the country’s largest public accounting firms at #98, and on their list of the Top 50 Best of the Best Firms in the country, based on our highperformance in specific key areas of management, growth and strategic vision. In addition, we have been ranked #98 on NJBIZ’s list of the Top 250 Privately Held Companies, moving up 10 spots since last year and ranked by 2019 global revenue. This is huge. In 2020, as we face some very challenging times, this recognition from outside entities validates our firm’s move from good to great with regards to our exceptional talent, expertise and our emphasis on serving our clients as their number one advisor. We could not reach these accomplishments without you, our Sax team. Thank you for all your hard work, especially as we move closer to our September 15 and October 15 deadlines. Your unwavering commitment to our firm and the clients we serve does not go unnoticed, and we appreciate all of the time and talents that are attributed to our firm's success.
Joseph A. Damiano
ANNOUNCEMENTS | REMINDERS
PRESS ROOM
Take 1 minute to VOTE FOR SAX on NJBIZ's 2020 Reader Rankings as a top business in our community under the category of "Professional Services":
The following publications featured stories on Sax’s relocation of our headquarters to LATITUDE in Parsippany. Read all about it here.
Read the full article here.
Read the full article here.
Read the full article here.
HUMAN RESOURCES
Please join us in giving a warm welcome to the newest members of our Sax family. Jeff Holt Jennifer Burczynski Angel Rodriguez Amanda Malko
Partner of QC | Parsippany | 9.16.20 Scheduling & Training Coord. | Parsippany | 9.16.20 Tax Associate | Parsippany | 9.21.20 Senior Tax Associate | Parsippany | 9.21.20
BUSINESS DEVELOPMENT RECENT WINS (August 1 - September 3)
TOTAL WINS YTD
TOTAL RECURRING WINS YTD
$2,716,250
$2,007,550
NEW CLIENT WINS
ENGAGEMENT TEAM
1. Circle Square Alternative Investments LLC 2. 125 Rahway 3. Olden Equities Group 4. Nate's Corp 5. Triple C Housing
George Livanos Candy Gordon-Geanoules Josh Chananie Ermal Luzaj Todd Polyniak
6. Abby123, Inc.
Josh Chananie
7. Astoria Realty Corporation
Jason Borofsky
8. Perry Hall and Oakleigh Apts
Candy Gordon-Geanoules
ANNOUNCEMENTS | REMINDERS
Sax is proud to announce our inclusion on Inside Public Accounting's list of the Top 100 Firms in the country. This year Sax was ranked #98, moving up a spot from 2019. Read the press release.
Sax is named to Inside Public Accounting’s list of the Best of the Best public accounting firms in the nation for 2020, made up of the top performers within the profession. Read the press release.
Congratulations to Lisa Mela and her husband on the arrival of their new baby girl! Juliet Lynne was born on August 8th, weighing 6 lbs. 10 oz. and 19 inches long. We wish their family the best!
Congratulations to Adam Feldman and his wife on the arrival of their new baby boy! Aaron Joshua was born on August 27th, weighing 7 lbs. 13 oz. We wish their family the best!
August Robert Syme Rob began working for the firm in November of 2017 as an A&A Associate, and was recently promoted to Senior Associate in July of 2019. His main responsibilities include auditing M&D entities and working on 401k's.
Deborah Diamond Debbie began working for the firm in 2001 and serves as Senior Account Service Associate. She is constantly interacting with clients and responding to client inquiries to ensure they are getting the best service from their number one advisor.
Read more about Robert and Deborah in our Q&As here
Birthdays We'd like to wish a happy birthday to the following team members who have celebrated a birthday during our work from home period. Kathleen Rutch
April 1
Rachelle Brown
April 2
Joseph Damiano
April 4
Adam Apidopolous
April 5
Jennifer Tosi
April 9
Suzanne Yang
April 25
Missy O'Shea
April 29
Peter Calicchio
April 30
Matthew Bernocchi
May 1
Alexandra Celentano
May 4
Gayle Boeckstiegel
May 10
Ruki Lawal
May 15
Robert Syme
May 15
Keysha Kennedy
May 16
Ryan Alexander
May 17
Barbara Pannullo
May 17
Lawrence Gradzki
May 22
Marqus White
May 22
Birthdays Zachary Adler
May 25
Andrew Blahut
May 27
Mathew Giordano
May 29
Jennifer Moroz
May 29
Sadchit Desai
May 30
Schoenstani Gil
May 30
Jessica Gutierrez
May 30
Robert Hopper
June 2
Ermal Luzaj
June 2
Sharon Bleibtreu
June 3
Adam Holzberg
June 3
Todd Polyniak
June 3
Mathew Mareiniss
June 4
Joshua Weinburg
June 9
Liz Trantina
June 13
Kelita Sookhoo
June 14
Anna Vilinsky
June 14
John Murphy
June 16
Birthdays Jason Borofsky Michael Benguigui Virginia Dennerlein Elena Klarberg Jack Cassidy Rebecca Hu Christopher Lazzaro Kenneth Hofsommer Michael DeBenedetto Candace Deosingh George Livanos Gianna Coscia Joseph Valveri Dave DePiero Joseph Shannon Deborah Diamond Kevin Sohr Deloris Maple Alec Marceles
June 17 June 20 July 1 July 1 July 1 July 1 July 3 July 6 July 9 July 9 July 9 July 11 July 11 July 13 July 14 July 24 July 27 July 31 July 31
Birthdays Michael Amoresano
August 2
Alan Grajeda
August 2
Gladys Lombos
August 5
Agata Majdanska
August 5
Mayank Shah
August 5
Michael Albert
August 6
Rouba Rached
August 8
Angelo Straface
August 16
Frank Centrella
August 18
Patrick Brady
August 18
Julia Goldshlag
August 19
Harper Garrett
August 21
Anna Malafis
August 27
Tais Figueiredo
August 28
Melissa Bollinger
August 30
Kyle Stawicki
August 30
Jonathan Yasa
August 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.
SAX LLP Savings and Investment Plan Update: The SAX LLP Savings and Investment Plan offers professionally managed investment model portfolios that allow plan participants to invest based on their risk tolerance. Effective September 29, the existing allocation of the model portfolios will be reinvested into a new model allocation. Participants in the plan will soon receive an investment change notice outlining the upcoming changes. Sax Wealth Advisors will be hosting information sessions in mid- late August about plan features and provisions, and to discuss the changes. Please be on the lookout for the investment change notice and invitations for the information sessions. In the meantime, if you would like to discuss your retirement plan account and the options available, you can reach the team at Sax Wealth Advisors by emailing retirement@saxwa.com. To reach out directly for any retirement plan related items, please contact Eric Seidman or Joe Piela.
Check out SaxWA's new service videos!
PRACTICE OVERVIEW
FINANCIAL PLANNING OVERVIEW
THE FINANCIAL PLANNING PROCESS
ASSET MANAGEMENT
RETIREMENT PLANNING
We invite you to sign up for Sax’s first ever Virtual 4 MILER, held within the weeks of Saturday, September 26 to Saturday, October 10. Whether you run competitively for time, or walk a mile a day with a friend, you can show your support for the pediatric patients of St. Joseph’s Children’s Hospital by completing your 4 miles from anywhere and at any time during the event.
WE NEED YOUR SUPPORT!
SIGN UP
SNAG A SPONSOR
DONATE
To learn more, visit our 4 MILER event page here.
SAX INTERNAL COMPETITION
1st Place: $500 Gift Card of your choice
We need your help as we work to raise support for the pediatric patients of St. Joseph’s Children’s Hospital. As an individual, you can collect points by completing the following tasks until the last day of the Virtual 4 MILER, running from Sat., September 26 – Sat., October 10.
SNAG A SPONSOR Partner Level Sponsor Advocate Level Sponsor Supporter Level Sponsor Friend Level Sponsor
*Alert Marketing when a participant is secured.
3rd Place: $100 Gift Card of your choice
DONATIONS 5,000 points 2,500 points 1,500 points 1,000 points
PARTICIPATION Sign up Recruit participants*
2nd Place: $250 Gift Card of your choice
Donate to event Friend/Family Donation
$1 = 1 point $1 = 1 point
*Alert Marketing when a donation is secured.
RAISE AWARENESS 100 points 100 points
Tag @sax4miler in a post with you and your BIB number
200 points
Share posts from our Sax 4 Miler Instagram and tag @sax4miler
100 points
Sax's Virtual Volunteer Day We invite you to participate in Sax’s Virtual Volunteer Day on Monday, October 19 as we come together for a cleanup of our communities. Litter can be found on our roadways, in our yards, and in our common areas such as parks and schools, as well as in local natural areas such as woods or streams. It might seem a bit overwhelming to tackle the litter problem in your area alone, but even these small efforts can lead to an improvement in your local environment. What: Company Clean-up of our Communities! When: Monday, October 19 Where: Pick a spot (consider your ability to maintain social distancing) like the streets of your neighborhood, a nearby park or playground, etc. Instructions: Grab some gloves and a garbage bag and clean up your community! Take a photo of yourself in action and send to marketing@saxllp.com. Take before and after photos so we can showcase your hard work! For those participating in Sax’s “Community Clean-up” Volunteer Day, please code your time to 9812 - Community Service.
VIRTUAL WELLNESS SERIES
In the first installment of Sax's Virtual Wellness Series, Sax team members took a class with Peter Kofitsas - an expert on health and wellbeing - to cook a "Better than Chipotle" Sol Bowl.
Here are some finished products!
Sue Reed
Gregg Munn
Larry Gradzki
Don't forget to join our
MONTHLY VIRTUAL HAPPY HOURS Led by Michael Rolls and Matt Goldstein THURSDAY, SEPTEMBER 24 4:30 PM If you have a suggestion for future happy hour themes, email your idea to marketing@saxllp.com
ANYTHING TO ADD? Email marketing@saxllp.com