2011 is almost over. In the last 6 months Jaya’s business has made a gradual transition and relocated offices. I have incorporated my business name to Jaya A. Naiken CPA, LLC. My existing company, AJS Consulting, Inc. will now predominately offer consulting, payroll processing and IT services.
It has been a challenging year, but with the help of family, friends and clients, this move is finally beginning to see the light at the end of the tunnel. The old sage says “a referral is the best source to grow your business”… Jaya A. Naiken CPA, LLC. is still growing. I want to thank all of you for my continued growth and I ask that you continue to “Refer My Name” to your colleagues, friends, family, acquaintances and business partners. I will continue to serve you and your business, and do my best to assist with your growth whether large or small.
With that, I would like to offer you some tax deduction tips to consider for the current year:
- Charitable contributions
- Points on the purchase or refinancing of your personal residence
- Old points when you refinance your personal residence
- Health insurance premiums
- Medicare part B as self employed health insurance
- Education expenses
- Residential energy credit
- Investment related expenses
- Casualty loss deduction
- Retirement tax credit
- Job search expenses
- Health savings and flexible spending accounts
- Retirement contributions
- Home office deduction
- Cafeteria plans – provided by employer
- Child care for dual working parents
While you are thinking on how to baste the turkey for Thanksgiving and planning for the upcoming holidays, don’t forget to call me to talk about tax saving ideas before the year is over.