Signed into law by President Trump on December 22, 2017, the Tax Cuts and Jobs Act (TCJA) has left many homeowners and prospective home buyers wondering about the status of home loan interest tax deductions. The Tax Cuts and Jobs Act lasts through the 2025 tax year unless Congress decides to extend the provisions. Therefore, Read More
Category Archives: News
Verenice Flores, CPA from Fair, Anderson & Langerman Selected to Attend AICPA’s 2018 Leadership Academy
Verenice Flores, CPA was one of only 41 CPAs honored by the American Institute of CPAs (AICPA) as a member of the Leadership Academy’s tenth graduating class. Verenice was selected based on her exceptional leadership skills and professional experience for the four-day Leadership Academy program, which will be held from October 7-11 in Durham, N.C. Read More
The Employer W2 Scam Is Back
For the third year in a row, an IRS warning has been issued about one of the most dangerous, most successful and most infuriating phishing attacks of all time: the “Employer W2 Scam“. The “W2 Scam” first reared its ugly head two years ago, during tax season. It reappeared last year, prompting an IRS warning Read More
IRS Impersonators Arrested
Police in Thane, India arrested 70 people that helped manage nine call centers where 700 employees posed as Internal Revenue Service officials. This scam has haunted Americans for years. Police said the employees of these call centers had one job: dial people in the United States, make the accusation they have not paid their taxes Read More
IRS Phone Scammers Arrested
Tax fraud is a serious offense, and something you should be wary of. There are scammers who will pose as IRS agents and officials in order to demand payments or acquire sensitive, personal and financial information. Take, for example, the recent arrest of five people suspected of impersonating IRS employees as a way to fraudulently Read More
Are you prepared for the New Overtime Pay Rule?
The Department of Labor has passed a new rule that could significantly impact the way you compensate your employees. Last set in 2004, “white collar” employees who annually earned $23,660 or more, were salaried, and who meet the “duties test”, were exempt from earning overtime. Over a decade has passed without this salary cap increasing Read More
How to Identify A Fake Charity
We all like to be charitable and give back when we can, but in February of 2016 the Internal Revenue Service (IRS) reminded us once again that it is important to do your homework before selecting a charity to donate to. There are people and organizations out there happy to take your money as part Read More
FAL Names Bernadette Mashas Partner
NEWS BRIEF January 20, 2016 Bernadette Mashas was recently named Partner at Fair, Anderson and Langerman (FAL). Bernadette first joined the FAL team in 2007 as an esteemed Tax Manager with over 20 years of specialized experience in accounting and taxation accounts, having previously worked in the banking industry. In her new role as Tax Read More
Accounting Roundtable Summary
Last month, nine accounting executives met for a roundtable discussion about the current state of the industry, particularly in Nevada. Among the participants was the CEO of our Las Vegas CPA firm, Curt Anderson. The following summarizes the takeaways gained from this insightful meeting: Focal Concerns The companies’ leaders agreed one of the main concerns Read More
FAL Is A Great Place to Work
One of the many things that make FAL a great place to work is our company culture. FAL’s culture is one that promotes growth both personally and professionally. FAL allows flexible work weeks, remote working capabilities, meals are provided during tax seasons, employment benefits are available immediately, employees receive anniversary gifts, and the office is Read More
