Author Archives: Jaya A. Naiken

About Jaya A. Naiken

Jaya Naiken graduated with a Bachelor of Science degree in Accounting from California State University Sacramento and a Master in Business Administration from Indiana Wesleyan University. He attained his Certified Estate Planner designation in 2010. He is a licensed CPA in Indiana and inactive in Montana.

President signs act banning patent strategies

  The Leahy-Smith America Invents Act reforms the U.S. patent system and states any “strategy for reducing, avoiding, or deferring tax liability” is deemed to be “prior art” under patent law. The bill had been passed by the Senate earlier … Continue reading

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Are You Considering A New CPA – see my offer

If you are a potential client, why wait until the last minute to get your tax information in order.  Call me today to take advantage of my offer for a free initial consultation.  I will be happy to evaluate your tax … Continue reading

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Job Search Expenses

    You may be able to deduct certain expenses you incur while looking for a new job, even if you do not get a new job. Expenses may include travel, resume and outplacement agency fees. For more information, see Publication … Continue reading

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Does the IRS owe you money ?

If you earned income in the last few years but you didn’t file a tax return because your wages were below the filing requirement, the Internal Revenue Service may have some money for you. If you are unsure contact me … Continue reading

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Ask Is Your Tax Preparer Registered

For 2011, thousands of tax professionals excluding licensed CPAs will be required to pass the IRS exam in order to prepare returns and to earn the designation of Registered Tax Return Preparer (RTRP). If in doubt or unsure contact me … Continue reading

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September 15 Tax Due Date

Third quarter individual and corporate estimated tax payments are due. Also the corporate tax extensions expire on this date for C and S corporate tax return filers. In Indiana the state Corporate tax returns are due one month later on … Continue reading

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Seven Tax Tips for Job Seekers

Many taxpayers spend time during the summer months updating their résumé and attending career fairs. The Internal Revenue Service reminds job seekers that you may be able to deduct some of the expenses on your tax return. Here are seven … Continue reading

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Standard Mileage Rate Increases July 1

Standard Mileage Rate Increases July 1 Because of rising fuel costs, the Internal Revenue Service increased the standard mileage rate for business use of an automobile and for medical and moving expenses. The new optional standard mileage rates will apply … Continue reading

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