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June/July 2022 BUZZ

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THE BUZZ


MESSAGE FROM JOE DAMIANO

Sax Team, This has been an eventful last few months. On behalf of all our partners, I am thrilled to announce Sax’s successful addition of David Weiss CPA, PLLC, headquartered in New York City, effective July 31. This is an exciting time for both our firms. With over 100 years of collective experience, the combination of Sax and David Weiss will strengthen our presence and capabilities in the NYC marketplace and expand our tax expertise. I ask that you extend a warm welcome to the 3 partners and 16 staff members who now join our Sax family. The teams are working diligently to ensure that a seamless transition can be expected. The team at David Weiss CPA will eventually join us at our brand-new NYC Sax office space, and we look forward to working together towards our common goals under the Sax banner. Sax’s mission is to grow organically, as well as through strategic mergers with like-minded partners to become a Top 50 firm in the next 5 years. Our past, present and future alliances are established with great care as we make sure to identify firms who align with our service philosophies, our team culture and commitment to client service. We found a terrific match with David Weiss CPA, one of the leading firms in the tri-state area, and we are very excited about joining forces.


Read on for the full press release on the David Weiss CPA acquisition. In the spirit of growth, I want to once again recognize those promoted on July 1. These individuals have done a fantastic job living out our core values daily, and meeting our high standards of client service and productivity. They have demonstrated great contributions to our firm and are deserving of recognition. Please join me in congratulating these team members on their achievements, and wishing them the best of luck as they settle into their new positions. Read on for a full list of our 2022 team member promotions. Thank you to everyone who joined us at our Summer Picnic, and for those who could not make it – you were missed! We are very grateful to resume our firm outings after two years of the pandemic. It was refreshing to spend time with so many new faces, see your growing families, and celebrate with our co-team members. Our Summer Picnic and other firm-held events are not only a way to take some deserved time off, but as we resume growth and expand our team, they are a way we can stay true to our roots as one Sax family. Gathering at our Parsippany headquarters, especially with our remote team members and families from across the country, provides us with a way to connect and witness our team in full. We look forward to hosting more of these events in appreciation for all that you accomplish day in and day out for the firm. Read on to view the Summer Picnic photo album. This is an exciting time for Sax. We are growing rapidly and meeting the strategic goals we set out to accomplish. We undoubtedly owe this your time and talents and we thank you. All my best, Joe


Congratulations!

TO THOSE RECENTLY PROMOTED

Tax

A&A


FIRM OPERATIONS


Please give a warm welcome to the newest members of our Sax family.

Ashley Canty Senior A&A Associate Remote | 05.16.22

Ashley graduated from Howard University in Washington D.C. with a BBA in Accounting. She joins the Sax team as an A&A Senior Associate.

Mariann Boulos Tax Associate Pennington | 05.16.22

Mariann graduated from Rutgers University with a Bachelors of Science in Accounting and Finance. She joins the Sax team as a Tax Associate.

Fun fact: Ashley has travelled to 5 continents and loves the outdoors!

Vilma Condori Accounting Support Associate Parsippany | 05.16.22

Vilma received her Bachelors in Business Management from William Paterson University, and plans to finish her Master's degree. Vilma started as an Accounting Support Associate. Fun fact: Vilma is very interested in astrology and learning more about herself and others.

Drew Kretz A & A Associate Remote | 06.01.22

Drew received his BS in Accounting from Robert Morris University and his Masters from East Carolina University. Drew joins the Sax team as an A&A Associate. . Fun fact: Drew was honorably discharged from the US Army Reserve in 2021 after 9 years with the rank of 1st Lieutenant.

Gladys Lopez Retirement Associate Intern Parsippany | 06.06.22

Jovial Omagor Senior A&A Associate Remote | 06.13.22

Gladys attended William Paterson University where she has received her BS in Finance and a BA in Economics. She joins the Sax team as a Retirement Associate Intern.

Jovial attended and graduated from the Texas Southern University with a Bachelors degree in Accounting. She joins the Sax team as a Senior A&A Associate. Fun fact: Jovial loves to travel!


Taliyah Witherspoon Administrative Assistant, Reception NYC | 06.20.22

Ryan Lange IT Support Specialist NYC | 06.21.22

Taliyah joins the Sax team as an Administrative Assistant to the NYC office.

Dev Joshi Business Services Intern Parsippany | 06.27.22

Ryan attended Stevens Institute of Technology where he received a Bachelor of Engineering in Computer Engineering. He also has a concentration in Computer Architecture & Electronics and Embedded Systems. Ryan joins the Sax team as an IT Support Specialist. . Fun fact: Ryan has a pet hedgehog named Chief, who is 4 years old.

Dev attends Rutgers University where he will receive his Bachelor's Degree in Finance. He joins the Sax team as a Business Services Intern. Fun fact: Dev recently got a puppy named Solo.

Matthew Warren Senior A&A Associate Remote | 06.27.22

Matthew attended Flager College where he received a BA in Accounting. He joins the Sax team as a Senior A&A Associate. Fun fact: Matthew has seven cats.

Michael Penberg Senior Tax Manager NYC | 07.11.22

Michael attended St. Joseph's College where he received a Bachelor's in Mathematics and Finance. He joins the Sax team as a Senior Tax Manager. Fun fact: Michael just became a first time dad 8 months ago!

Howard Liu Tax Director Parsippany | 06.27.22

Howard graduated from Queens College of CUNY where he received a Bachelors degree in Accounting + Information System. He joins the Sax team as a Tax Director. Fun fact: Howard enjoys watching Korean drama.

Mohamed Elsheshtawy Senior A&A Associate NYC | 07.08.22

Mohamed attended The American University in Cairo and Baruch College, where he received a Bachelor's degree in Finance and Accounting and a minor in Economics. He joins the Sax team as a Senior A&A Associate.


Zara Zulqarnain A&A Associate Parsippany | 07.11.22

Amanda Klein A&A Intern Parsippany | 07.11.22

Zara graduated from the University of Phoenix where she received her Bachelors in Accounting. She joins the Sax team as an A&A Associate.

Amanda attended Caldwell University where she is studying for an Accounting and History degree. She joins the Sax team as an A&A Intern.

Fun fact: Zara has a checklist of places to hike, in each state!

Fun fact: Amanda is a history major and in four honor societies!

Sener Mamudoski CSA NYC| 07.18.22

Kathleen Carolan Administrative Assistant NYC | 07.12.22

Sener attended Lehman College where he received her degree in Accounting. He joins the Sax team as a CSA in the NYC office.

Kathleen joins the Sax team as an Administrative Assistant for the New York office.

Fun fact: Sener is a Knicks fan.

Lisa Bushur-Harris Senior Tax Manager Remote| 07.18.22

Lisa attended Northcentral University where she received her PhD in Business and Accounting, as well as a Masters of Accounting from the University of Missouri. She joins the Sax team as a Senior Tax Manager.

Michael Holmstrom Senior A&A Manager NYC | 07.18.22

Michael graduated from Farmingdale State College where he received a Bachelors of Science, and a Masters in Accounting from SUNY Old Westbury. He joins the Sax team as a Senior A&A Manager. Fun fact: Michael is a goalie for roller hockey, and a former drummer in a punk band!

Fun fact: Lisa and her husband travel Missouri State Parks in their RV!

The following employee is no longer with the firm. We wish them the best in their future endeavors. Rob Syme Senior Tax Associate | Parsippany | 06.30.22

Corinne Sodano CSA | Parsippany | 07.12.22

Jia Wu A&A Associate | Parsippany | 07.11.22

Tais Grebowiec Senior A&A Associate| Parsippany | 07.29.22


Great Cards Matthew Goldstein went above and beyond the call of duty on a matter regarding a PPP loan application submitted by the client. The client made several mistakes in the application. Matt was able to not only clean up the documents to submit to the SBA for review but was able to articulate to our client the errors in his previous submission. To top it off, the client received a notice of review on April 21st and did not forward the notice to us until the 29th of April. Matt was previously scheduled on another client matter. He found the time and put in the effort to accomplish the task on time and at a high level of service.

Dan Davidson did an outstanding job during tax season and he continues to impress. Dan always goes above and beyond, is a quick learner, and is an asset to the team. His work product and the smart questions that he poses while working on engagements are impressive. Dan has been a great addition to the team!


READ ALL ABOUT IT HERE

READ ALL ABOUT IT HERE

READ ALL ABOUT IT HERE


the 4Miler benefiting st. joseph's children's hospital We are so happy to announce that our 4 MILER at Garret Mountain Reservation run/walk event to support St. Joseph’s Children’s Hospital will be held on Saturday, October 1. As always, 100% of the dollars we raise goes to the hospital’s Child Life Department to provide high-impact therapies that help mitigate the negative effects of treatment and hospitalization for pediatric patients with chronic, life-threatening or terminal illness.

Our firm goal is to raise $70,000 for the children at St. Joseph’s – and Sax will match every employee donation!

you can help by donating, participating and/or securing an event sponsor.

LEARN ALL ABOUT HOW HERE: SAXLLP.COM/SAX4miler


FIRM ANNOUNCEMENTS

As we grow and expand into new states and even countries, our mission is to keep that family-like feel. Help us to stay connected by sharing photos of you and your loves/interests so we can stay in the know with each other! Submit your photos to marketing@saxllp.com and they will be included in the following issues of The BUZZ.

Todd Polyniak, was just interviewed by 101.5 NJ on NJ's recreational cannabis marketplace and whether it needs better equity. Click to read more.

Michael Holmstrom will be a guest speaker for Wolters Kluwer on August 18 discussing their data analytics software Teammate Analytics.


WATCH OUR MOST RECENT WEBINARS

Cybersecurity in the Workplace

ASC 842 and You: Potential Impacts

Release Date: 6.22.22

Release Date: 6.27.22

Leon Grassi CMO & Head of BD, Sax

Jason Borofsky Partner Sax

Carl Van Dusen COO Safari Solutions

Adam Holzberg Senior Manager Sax

Watch Here

Watch Here


RECENT CLIENT WINS A/O July 29 Harvest Works Farms

Todd Polyniak

Life Opportunities Unlimited

Helena Lynch

Reeth Family Foundation

James Toto

LENS Foundation

James Toto

Kolber Properties, LLC

James Toto

PS Five LLC

James Toto

RKLH FL

James Toto

Gravina Family Foundation/Investments

James Toto

Frankel Family Foundation

James Toto

Generic Holdings, LLC

James Toto

Leknarf Associates LLC

James Toto

Navigation Management LLC

James Toto

Portal Electric LLC DDAR Rentals LIPT Belmont Avenue Urban Renewal LLC Globe Logistics Inc. Syft Technologies Ltd OPI Construction The Charlie Landers Foundation

Joseph Damiano Candy Gordon-Geanoules Jason Borofsky Ermal Luzaj Chris Gaffney Ermal Luzaj Stephen Ehrenberg

Archuleta Builders

Candy Gordon-Geanoules

PJP Installers Inc.

Eddie Rivera

St. Joseph's Health

Joe DeBarr

Integrated Control Technology

Brad Gold

KC Mehta & Co LLP

Brad Gold

Liberty Building & Management Corp

William Happe


Harvest Works Farms

Todd Polyniak

Skyway Management LLC

Eddie Rivera

ATC Ventures LLC

Eddie Rivera

Metropolitan Dermatology

Debbie Nappi

United Stone Design Inc.

Ermal Luzaj

Bungalow 5

Al Traverso

Vin Worldwide Transport Industry Drywall Corporation Arcadia Custom Builders - Litigation Thirty Eight Products Inc.

George Charne Ermal Luzaj Michael Curry Candy Gordon-Geanoules


NEW NYC OFFICE

Our space at 1040 Avenue of the Americas is open and ready for business! As with everything New York, there are a few extra steps to take, so here’s this To Do List if you’re planning a visit: Please remember to reserve your spot on Skedda – all spots marked with a green dot are available to book Currently we have the following conference rooms available which can be booked through Outlook Flatiron – capacity 4, best for internal meetings Liberty – capacity 6 Freedom – capacity 8 Coming soon the Empire Boardroom which can seat 24 To enter the building which is open 24/7/365 and manned by security, you either: Will use the 1040 access card which I will provide to you You will register as a guest for the day by requesting through our Reception team To enter our suite on the 16th floor, you must download the OpenPath app on your phone. Based on expected frequency of use of the NY space, employees have been assigned cards and users were invited to use OpenPath. If you are planning to visit and have any questions, please reach out to Virginia Dennerlein.


Our NYC team members enjoyed some team building over lunch in the new office!


SAX's Summer Picnic 2022


Thank you to everyone who came out to join us for our Summer Picnic event! you cHECK OUT THE full EVENT PHOTO ALBUM here!


CLIENT INFORMATION UPDATES

Please email client changes to clientinfo@saxllp.com Examples of client changes include: New email address and/or phone number New AP personnel Change in main address or billing address (master and/or engagement) Please don’t assume someone else will make the changes. Be proactive and let the firm know. Please continue to use NLAC@saxllp.com to report clients who are No Longer A Client


JUNE

Birthdays Ermal Luzaj Robert Hopper Sharon Bleibtreu Todd Polyniak Brandon Chinchilla Adam Holzberg Matthew Mareiniss Liz Trantina Kelita Sookhoo Jason Borofsky Kameitra Carter Alexa Tambasco

06/02 06/02 06/03 06/03 06/03 06/03 06/04 06/13 06/14 06/17 06/17 06/25

VALID FOR ONLINE AND OFFLINE SHOOPING AT

123 ANYWHERE ST., ANY CITY


JULY

BIRTHDAYS Virginia Dennerlein Elena Klarberg Christine Grispart Greg Engemann Dillon Chiuchiolo Kenneth Hofsommer Julie Press Michael DeBenedetto Candace Deosingh George Livanos Joseph Valveri Dave DePiero Joseph Shannon James Nuzzi Shivaley Shah Jerome Fusco Elizabeth Reilly Deborah Diamond Deloris Maple

07/01 07/01 07/02 07/03 07/04 07/06 07/07 07/09 07/09 07/09 07/11 07/13 07/14 07/15 07/17 07/22 07/22 07/24 07/31


ANYTHING TO ADD? Email marketing@saxllp.com


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