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December 7, 2022

Managing partner of local accounting firm dies

Contributed David S. Federman

The managing partner of a local accounting firm, David S. Federman, died Saturday.

Federman, 79, worked for 25 years as a CPA in Hartford before starting his own practice, Federman, Lally and Remis in Farmington in 1991. He was the managing partner of the firm he founded.

Federman focused on closely held companies and complex tax and family matters, including succession planning. He had industry expertise in manufacturing, real estate and distribution, and worked with high-net-worth individuals.

He graduated from Bloomfield High School and completed his undergraduate degree at Northeastern University. After that, he received his law degree from the University of Connecticut and went on to pass the bar exam and CPA exam the same year.

Federman was managing partner of the tax practice at Arthur Andersen & Co. in Hartford from 1969 to 1991.

Federman will be remembered as a “loving and dutiful husband,” and for his commitment to his family and friends,  according to his obituary.

“Throughout his life, he was a beacon of support and positivity for all those who knew him, be it his parents and sister, his children, his grandchildren or his nieces,” the obituary says. “He adored them all and never hesitated to tell them.”

Federman’s favorite activities, aside from accounting, were golf and the New York Yankees, according to his obit.

“His unimpeachable moral character and ethical behavior made him an easy choice for accounting work for the firm's many clients, each of whom came to love and appreciate him for his quick sense of humor and even quicker assessments of tax laws,” the obituary says.

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