Zakarian & Associates, Inc

06/15/2026

Think the IRS always gets it right? A federal court just ruled the IRS misread the law on pandemic tax deadlines for three years — and assessed penalties and interest it shouldn’t have. Find out if you’re affected.

Zakarian & Associates, Inc | (978) 822-8032 | www.zakassociatesinc.com

06/12/2026

Social Security planning starts at an early age. Here is what you should be doing now!

Too many think to pay attention to Social Security only when they near retirement. Do this at your own risk! Even those in their 20s should be taking action. Here are some tips.

06/06/2026

Did you or your business pay IRS penalties or interest during the COVID period?

Recent court decisions in the Kwong and Abdo cases may create refund opportunities for certain taxpayers. While the litigation is still ongoing and the IRS has appealed, many taxpayers may need to file a protective claim by July 10, 2026 to preserve their rights.

Potentially affected taxpayers may include:
• Individuals
• Businesses
• Trusts and estates

The deadline may arrive sooner than you think. If you believe you may be affected, now is the time to review your IRS transcripts and filing history.

Contact Zakarian & Associates to discuss whether a protective claim may be appropriate for your situation.

06/05/2026

Reminder: Second quarter estimated taxes are due Monday, June 15th.

If you have not already done so, please plan to make your second quarter estimated tax payment. The due date is Monday, June 15th.

06/04/2026

Did you pay underpayment interest to the IRS during the pandemic? A court ruling says those charges may not have been properly assessed. The clock is ticking to file a protective claim. Let us review your account to see if you should file a claim.

05/29/2026

Underreported income and math errors are key mistakes that can trigger an audit from the IRS. Having your taxes prepared by a professional can significantly reduce this risk.

The IRS is constantly looking for a reason to audit you. There are several red flags that can identify your tax return as one that needs additional attention. Knowing these indicators can help you avoid the unwanted scrutiny.

05/22/2026

There's still time to lower your tax obligation. Here are five great ideas to consider.

Now is a great time to assess your current tax situation and address any lingering tax questions that may improve your tax picture this year. Here are five things to consider.

05/15/2026

The gift tax is one of the most misunderstood provisions in the tax code. Here is what you need to know.

Presenting a gift to a grandchild does not normally have us thinking about the taxes. However, if not careful, the over-generous gift giver could end up with a surprise tax bill and a note from the IRS.

05/08/2026

You can legally lower your taxes by shifting a certain amount of unearned income to your children. Here are some ideas to implement this strategy.

The progressive nature of income tax rates offers taxpayers the incentive to transfer assets to lower earning taxpayers. Why not your children? Here are some tips.

05/06/2026

Want a lower tax bill? Your tax planning needs to start now!

With so much uncertainty in the economy, the tendency is to step back and wait until things settle down. On the other hand the early bird catches the worm. Now is a great time to be thinking about steps to reduce your tax obligations, both this year and into the future. This month an article is pres...