Business Consulting and Accountancy

News Updates

Press Release

Sauvigne & Company LLP Expands its Offerings and Talent

Sauvigne, Horvath and Lyons join forces

 

JERICHO, NY – June 27, 2016 // Sauvigne & Company LLP (“SC”), today launched a unique division focused squarely on creating additional value for their clients by strategically increasing revenue, optimizing organizational structure and preparing businesses for potential investment or sale. This new division will enhance SC’s current expertise in advising marketing related companies on both buy side and sell side M&A transactions (over 100 closed deals). The announcement includes the expansion of its Executive Team to include marketing industry leaders, Bob Horvath (linkedin.com/in/horvathbob) and Jim Lyons (linkedin.com/in/jim-lyons-757124a).  Bob and Jim have joined the firm as Managing Directors and will lead this newly created business consulting services division. While SC has a proven track record, Bob’s and Jim’s past experiences as Chief Executive Officer, Chief Marketing Officer, Chief Operating Officer and Chief Financial Officer of companies will enable SC to provide the unique combination of unparalleled financial, strategic and operational consulting services to marketing related companies.

"Bringing together this talent allows us to address a need in the marketplace for a thought-leading provider focused primarily on helping marketing related firms maximize their value”, said Chris Sauvigne (linkedin.com/in/chris-sauvigne-78a1bb122), Managing Partner of the firm. 

"We want to be clear that we aren't just another “consultancy” or “accounting firm”.  We are a unique team providing a unique service,” said Lyons. “Many marketing businesses aren’t sure what the best model is for servicing their clients as each client has different needs,” said Lyons. “We can now help agencies and marketing services businesses figure out which model is best for them. This usually results in a better-aligned organization, higher profitability and therefore, a more valuable business. These are important steps to be taken as owners consider their next steps in the future of their businesses.” Horvath added, “In our careers we have done a large number of acquisitions and have found many owners have a similar need – how do I position my business to be most valuable? We can tell them.”

###

Tax Alerts
November 30, 2020
Tax Briefing(s)

The IRS has released the annual inflation adjustments for 2021 for the income tax rate tables, and for over 50 other tax provisions. The IRS makes these cost-of-living adjustments (COLAs) each year to reflect inflation.


The IRS has released the 2021 cost-of-living adjustments (COLAs) for pension plan dollar limitations and other retirement-related provisions.


The U.S. Supreme Court heard oral arguments in California v. Texas, the latest challenge to the Affordable Care Act (ACA). The ACA expanded insurance coverage, and includes popular provisions such as required coverage of preexisting medical conditions.


The IRS has provided guidance to taxpayers that want to apply either Reg. §1.168(k)-2 and Reg. §1.1502-68, or want to rely on proposed regulations under NPRM REG-106808-19.


The IRS has issued final regulations to update the life expectancy and distribution period tables under the required minimum distribution (RMD) rules. The tables reflect the general increase in life expectancy. The tables would apply for distribution calendar years beginning on or after January 1, 2022, with transition relief.


The IRS has released guidance on its website for employers and employees regarding deferral of employee Social Security tax under Notice 2020-65, I.R.B. 2020-38, 567.


The IRS intends to issue proposed regulations to clarify that state and local income taxes imposed on and paid by a partnership or an S corporation are deductible by the partnership or S corporation in computing non-separately stated taxable income for the year of the payment. The proposed regulations are intended to provide certainty to individual partners and S corporation shareholders in calculating their state and local tax (SALT) deduction limitations.