Recently, President Trump signed the Tax Cuts and Jobs Act, a new law that cuts the corporate tax rate from 35 percent to 21 percent beginning in 2018. The law also cuts income tax rates, doubles the standard deduction, and eliminates personal exemptions. This article* by Kimberly Amadeo of The Balance offers an itemized explanation of the changes instituted by the Tax Cuts and Jobs Act.
Call us at LoTurco & Company and we will conduct a No-Obligation, Complimentary Review of your taxes to determine how the new Act directly affects you. We believe hard work leads to client satisfaction. The professional staff at LoTurco & Company are all experienced in accounting, taxation, and finance that may help bring about tax savings to you.
Call us at LoTurco & Company and we will conduct a No-Obligation, Complimentary Review of your taxes to determine how the new Act directly affects you. We believe hard work leads to client satisfaction. The professional staff at LoTurco & Company are all experienced in accounting, taxation, and finance that may help bring about tax savings to you.
Services
It begins at our first meeting when we share our experience with you in hopes of acquiring your faith. In 1982, after being employed for over five years at an accounting firm and preparing tax returns by home appointments, Ed LoTurco decided to establish his own business. In October of 1982, LoTurco & Company opened its first office on Hempstead Turnpike in Franklin Square.
Some you know, some you may not. And some you may have forgot. Listed below are 7 allowable deductions we can itemize for you to further maximize tax savings. Our firm has over 30 years of experience to meet your needs. The professional staff at LoTurco & Company are all experienced in accounting, taxation, and finance that may help bring about tax savings to you.
Helping people build financial wellness and security is an issue we are very passionate about. At LoTurco & Company we make it our personal obligation to encourage and provide guidance to our clients to achieve that security. We begin by encouraging all our clients to conduct a financial review of themselves and/or their businesses.
Reviews (10)
Constance Smith
Jan 01, 2022
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LoTurco's services are unsurpassed! No matter what challenge the IRS has posed for me, the LoTurco team, led by Ed, is always there to address things. I would highly recommend them as tax consultants and they also provide investment products and advice. I don't know how they accomplished this, but they are located at 1040 Hempstead Turnpike in FS.
Priscilla O'Connell
Dec 29, 2021
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Karen Pearson
Dec 23, 2021
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Michael Fusco
Oct 27, 2021
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Loturco & Company is a very Professional, Honest and Reputable Accounting firm. I have been using Loturco & Company for over 15 years and have recommended them to my Friends and Family, they all thanked me for the recommendation. Edward and Ben Loturco are extremely compassionate about their clients needs and you will feel that compassion and professionalism from your First meeting with them. They are above 5 STARS in my Opinion.
Paula Rosenstein
Jun 02, 2021
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Positive: Professionalism, Quality, Responsiveness, Value
I usually do my own taxes, but after having some trouble this year, my fiancé’s family referred me to to Edward (who has been doing their taxes for 30+ years). He was nothing short of professional, responsive, and kind. I look forward to working with him year after year. 10/10 highly recommend.
I usually do my own taxes, but after having some trouble this year, my fiancé’s family referred me to to Edward (who has been doing their taxes for 30+ years). He was nothing short of professional, responsive, and kind. I look forward to working with him year after year. 10/10 highly recommend.
Carey Dunn
Mar 05, 2021
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Geraldine Izzi
Feb 26, 2021
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Jason Mapa
Feb 21, 2021
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Positive: Professionalism, Quality, Responsiveness
My brother, parents, and I have been going to Ed for years. He's always done my returns very diligently and gives good tax advice when he can. He also thoroughly explains, new tax laws that will effect my returns, as well as the impact. He also processes my return quickly after we have our meeting.
My brother, parents, and I have been going to Ed for years. He's always done my returns very diligently and gives good tax advice when he can. He also thoroughly explains, new tax laws that will effect my returns, as well as the impact. He also processes my return quickly after we have our meeting.
Christina
Aug 07, 2020
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I have worked with Ed for 4 years and I highly recommend him and his services. Not only is Ed easy to work with but he is always accessible. He provides excellent advice and gets work completed fast. Also, his staff is an extension of him where they can always be counted on. Ed puts his clients first and truly values trust and service in his relationships.
Debbie
Jul 07, 2020
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My husband and I have been clients of Ed for many years for tax and financial consultations. Each time we are met with true professionalism and have always been provided with exceptional services and quality of work. Whenever a need arises, we can ALWAYS count on Ed to provide guidance.
No question is ever too small and is answered promptly. Ed is a very caring, compassionate and knowledgeable person and his work ethic, honesty and integrity are always evident.
We truly recommend Ed and his firm for tax and financial planning services.
No question is ever too small and is answered promptly. Ed is a very caring, compassionate and knowledgeable person and his work ethic, honesty and integrity are always evident.
We truly recommend Ed and his firm for tax and financial planning services.