Category Archives: Accountant

Maximizing Your Tax Refund: Insights from Friedman Accounting

As tax season draws near, many of us are searching for effective ways to maximize our refunds and retain more of our hard-earned money. With the expertise of accounting services in Coral Springs, such as those provided by Friedman Accounting, navigating the intricate world of tax filings becomes significantly easier. Let’s explore some practical strategies to help you boost your tax refund, all while highlighting the value of working with a trusted accounting agency in Coral Springs.

Understanding Your Tax Situation

Before diving into the details of deductions and credits, it’s essential to have a clear understanding of your financial standing....
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How an Accountant Can Help You Save Money

Saving money, even if it's just a few pennies where you can, is an important step to securing your financial future. However, it's not always easy to know where exactly to begin or where you have the most potential for savings. That's where a professional accountant comes in. An experienced accounting professional can help you save money by assisting with a wide variety of tasks and providing valuable advice. Here are a few of those tasks and pieces of advice.

1. Providing Valuable Tax Advice

Taxes are an unavoidable fact of life, but with proper tax planning and preparation, you can keep...
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Do I Really Need An Accountant For Small Business

5 Thoughts to Ponder When Considering an Accountant

An accountant has a certain skill set that can benefit a business of any size. A small business has different needs than a larger company, and an accountant could be put to use in different ways depending on the needs of the individual company. Friedman Accounting is a Florida-based firm that has been in business for over 40 years. A Friedman CPA can help with any aspect of your business, large or small.

1. What Does an Accountant Do?

In the simplest of terms, an accountant is the person in charge of the financial elements of...
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2022 vs. 2021 Income Tax Brackets 

The Progressive Tax System 

Since it was first enacted during the Civil War, our income tax has been revised to use a "progressive" system. This is based on the theory that the national tax burden should be shared according to a taxpayer’s ability to pay. 

Thus, low-income taxpayers pay lower taxes than high-income taxpayers. The difference is not just the total amount of tax. The tax per dollar of income increases with the amount of income. For everybody, the first dollar of income is taxed at the same rate. But as income...

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