Category Archives: Newsletter

Jaya A. Naiken CPA on he move…..!

Posted on November 1, 2011 by Jaya A. Naiken

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 … Continue reading →

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Accountable Plan for Reimbursing Employees

Posted on October 5, 2011 by Jaya A. Naiken

By adopting certain IRS code sections, the reimbursements made to your employees for travel and entertainment expenses will not be considered additional compensation. This will save the company employment taxes such as FICA, FUTA and unemployment. For employees this arrangment … Continue reading →

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To amend or not to amend your tax return

Posted on September 27, 2011 by Jaya A. Naiken

You should file an amended return if your filing status, your dependents, your total income or your deductions or credits were reported incorrectly. In some cases, you do not need to amend your tax return. The IRS usually corrects math … Continue reading →

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President signs act banning patent strategies

Posted on September 23, 2011 by Jaya A. Naiken

  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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Does the IRS owe you money ?

Posted on September 12, 2011 by Jaya A. Naiken

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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