What are the opening hours?

Monday 7am - 6pm Tuesday 7am - 6pm Wednesday 7am - 6pm Thursday 7am - 6pm Friday 7am - 6pm

Armen G. Derderian, CPA

Home
United States
Methuen, MA
Armen G. Derderian, CPA

Call Directions Website Contact the business

Our firm provides great service to our clients because of our dedication to the 3 underlying principles of professionalism, responsiveness and quality.

11/02/2026

If you have a health care FSA, you may need to use your 2026 balance by Dec. 31 or lose it. But some FSAs offer a 2 1/2-month grace period or let you roll over up to $680 for use in 2027. Check with your employer to see what your FSA allows. We can answer questions about which expenses can be paid or reimbursed by your FSA and help you determine whether there are additional year-end tax planning steps you can take related to health care expenses. Call us at (978) 794-9200.

10/30/2026

The IRS has released its 2026–2027 per diem rates for certain business travel expenses, effective Oct. 1, 2026. Under the high-low substantiation method, the rate for lodging, meals and incidental expenses for travel to high-cost localities within the continental United States (CONUS) rises to $329 per day, from $319. The rate for other CONUS localities rises to $230, from $225. The portion attributable to meals remains $86 for high-cost areas and $74 for other areas. The incidental-expenses-only rate remains $5. Employers can pay more than the IRS per diem rates, but excess amounts generally must be substantiated or treated as taxable wages. Contact us at (978) 794-9200 to learn about all your options for substantiating business travel expenses.

10/28/2026

Estate tax laws are complex, and failing to plan could mean leaving your loved ones with less than what you’d expected. Now is the time to take action by reviewing your estate plan, updating beneficiary designations, and exploring strategies such as gifting or establishing trusts that may help minimize tax exposure. Every situation is unique, and the right approach depends on your family’s needs, assets and long-term goals. Contact us at (978) 794-9200 for assistance structuring your estate in a tax-efficient way.

10/27/2026

How much should you budget for retirement expenses? One common guideline says 60% to 70% of your current income. Some expenses might decrease or disappear (commuting costs, mortgage payments), while others are likely to increase (health care, property taxes). Specificity, not to mention incorporating inflation into your calculation, is important. We can help — call us at (978) 794-9200.

10/27/2026

Not every investment performs the way we hope, but a down year does not have to mean a total loss when it comes to your taxes. Tax-loss harvesting is a strategy that lets you use investment losses to offset gains and potentially reduce what you owe. Swipe through for a full breakdown of how it works and what to watch out for.

Every individual’s situation is different, and tax-loss harvesting is not always the right move for everyone. If you are wondering whether this strategy makes sense for you, don’t hesitate to reach out to our team. We are here to help.

10/26/2026

It’s the fourth quarter, small business owners. That means, just like in a football game, you have limited time to make winning moves — in this case, to lower your taxes for 2026. Many year-end strategies require time to evaluate, implement and document properly. Waiting until the last minute may leave you with little choice but to punt and hope for the best. The sooner you begin planning, the more options you may have in your tax-saving playbook. Call us at (978) 794-9200 to huddle up and discuss a game plan tailored to your business.

10/23/2026

Cryptocurrency holders: Be alert for a new IRS impersonation scam. Fraudsters are mailing fake IRS letters directing recipients to a bogus “Digital Asset Compliance Portal.” The letters instruct recipients to scan a QR code that leads to a fraudulent website designed to look like IRS.gov. The site may ask for personal information, cryptocurrency wallet details, or exchange account credentials that criminals can use to steal identities or digital assets. If you receive one of these letters, don’t respond. Report any suspicious communication to the IRS immediately. If you have questions about an IRS notice or digital asset reporting, we’re here to help. Contact us at (978) 794-9200.

10/22/2026

As the year winds down, now is the time to make proactive decisions that could help reduce your tax liability and set your business up for a stronger start next year.

Swipe through two key tax moves to consider before year-end: revisiting estimated tax payments and accelerating deductible expenses.

Ready to review your numbers or map out the most effective strategy for your situation? We're here to help. A quick year-end check-in can make a meaningful difference come filing season. Give us a call anytime.

10/21/2026

Simple mistakes can prevent you from reaching retirement goals. The biggest error is not saving enough. If you expect to maintain your current lifestyle in retirement — which could last three decades or more — you’ll need to accumulate a surprisingly large sum. We can help set up a savings plan you’ll stick to. Call us at (978) 794-9200.

10/20/2026

A well-defined compensation philosophy can do a lot for your business. It may help attract job candidates, retain employees and control payroll costs. Although competitive pay is important, employees consider your full compensation package. This includes bonuses and other performance incentives, benefits and perks, professional development opportunities, and flexible work arrangements. Contact us at (978) 794-9200 for guidance on developing a well-rounded strategy that’s aligned with your business goals, workforce needs and budget.

Address

18 Haymeadow Road
Methuen, MA
01844

Opening Hours

Monday	7am - 6pm
Tuesday	7am - 6pm
Wednesday	7am - 6pm
Thursday	7am - 6pm
Friday	7am - 6pm

Telephone

(978) 794-9200

Website

http://www.armentaxcpa.com/

Alerts

Be the first to know and let us send you an email when Armen G. Derderian, CPA posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.