Abramowitz and Cohen CPA's

03/01/2023

Consider hiring a tax professional: If your tax situation is complex or you're not confident in your ability to file your taxes, consider hiring a tax professional to help you. They can help you identify deductions and credits you may be eligible for, and ensure that your tax return is accurate and filed on time.
No problem is too big and no detail is too small. We are available to handle it all! Give us a call at (718) 449-6600.

02/27/2023

When it comes to your business's bottom line, having a qualified and knowledgeable CPA is essential. Choosing the right one will pay off in dividends over time—helping you save both money and stress. Consider these tips when searching for an accountant that's just right for you:
For more personalized tax assistance, schedule an appointment with us! Contact us today! (718) 449-6600

As your business grows, you may need to hire a certified public accountant (CPA) to handle your accounting processes. You must do this carefully, and there are some things that you should consider first. You'll need to think carefully about important issues such as where your accountant is located,....

02/24/2023

What qualifies as a tax credit? Find out below if you qualify for tax credits.
To schedule a consultation, contact us at (718) 449-6600

A tax credit is an amount of money that you can subtract, dollar for dollar, from the income taxes you owe. Find out if tax credits can save you money.

02/22/2023

Competitive compensation, professional development opportunities and flexible schedules are some of the tactics small businesses can use to keep their employees. Read more on this small business tip below.
To schedule a consultation, contact us at (718) 449-6600

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Competitive compensation, professional development opportunities and flexible schedules are some of the tactics small businesses can use to keep their employees.

02/20/2023

Keep track of your expenses: Make sure to keep a record of all your expenses, including receipts, invoices, and bank statements. This will help you to claim any deductions that you may be eligible for and reduce your tax liability.

To schedule a consultation, contact us at (718) 449-6600.

02/17/2023

💗 Looking for ways to save money on school? See available credits, deductions and saving options at:
To schedule a consultation, contact us at (718) 449-6600
http://irs.gov/education

02/16/2023

Maximize your retirement contributions: Consider contributing the maximum amount allowed to your retirement accounts, such as an individual retirement account (IRA) or 401(k). These contributions are tax-deductible and can lower your taxable income.
To schedule a consultation, contact us at (718) 449-6600.

01/03/2023

What is the difference between Bookkeeping and Accounting?

Bookkeeping is the practice of organizing, classifying and maintaining a business's financial records. It involves recording transactions and storing financial documentation to manage the overall financial health of an organization. Most businesses use an electronic method for their bookkeeping, whe

01/02/2023

Are you eligible for the Retirement Savings Contributions Credit ?

The Saver's Credit is a tax credit for eligible contributions to your IRA, employer-sponsored retirement plan or Achieving a Better Life Experience (ABLE) account.

12/30/2022

Did you know that even if you have no other qualifying deductions or tax credits, the IRS lets you take the standard deduction on a no-questions-asked basis. The standard deduction reduces the amount of income you have to pay taxes on.

In 2022 the standard deduction is $12,950 for singles, $25,900 for joint filers, and $19,400 for heads of household. Here's how it works and when to take it.

12/29/2022

Why you may want to consider a hybrid workplace:

A hybrid workplace may give small businesses an advantage when it comes to recruiting new talent and retaining employees.