Business Details
44 Years
experience
Trusted Accountants & Financial Advisors in Franklin Square
LoTurco & Company has been a trusted name in accounting, taxation, and financial services since 1982. Founded by Edward LoTurco, the firm began as a small tax preparation practice and has grown into a comprehensive financial services provider serving clients nationwide. Our team of experienced professionals specializes in personalized tax strategies, business accounting, and financial planning, ensuring clients achieve long-term savings and compliance. With over three decades of industry expertise, we prioritize client satisfaction through meticulous attention to detail, continuous education on evolving tax laws, and a commitment to ethical practices. Our services extend beyond seasonal tax preparation to include year-round financial advisory, retirement planning, and investment consulting.We maintain an extensive in-house tax library and leverage advanced technology to deliver accurate, efficient solutions tailored to individual and business needs. Edward and Benjamin LoTurco, both registered financial professionals, lead a dedicated team that combines generational knowledge with modern financial tools. Our Franklin Square office serves as a hub for personalized service, while our remote capabilities accommodate coast-to-coast clients. We measure success through client referrals and long-term relationships built on proven results and transparent communication. By maintaining competitive fees without compromising quality, we position ourselves as a preferred alternative to larger, impersonal firms.
Services
Tax Preparation
Financial Advising
Business Accounting
Payroll Services
Bookkeeping
Retirement Planning
Tax Planning
Investment Consulting
Audit Assistance
Tax Shelters Advice
Details
- Year established: 1982
Highlights and features
- We offer 40+ years of combined experience in accounting and tax services
- Our team includes registered financial professionals with Series 6, 7, 63, and 65 licenses
- We maintain an extensive in-house tax library for accurate research
- Our services combine personalized attention with advanced financial technology
- We provide year-round financial advisory, not just seasonal tax preparation
Associations and certifications
- FINRA
- SIPC
- LPL Financial
Services
Tax Preparation
Comprehensive tax preparation services for individuals and businesses across all 50 states. Our experienced professionals utilize advanced technology and an extensive in-house tax library to ensure accurate, compliant returns that maximize refunds while maintaining full legal compliance. We specialize in complex tax situations and offer year-round support for tax-related inquiries.
Financial Advising
Personalized financial advisory services covering retirement planning, investment strategies, and risk management. Our registered professionals provide tailored guidance on asset allocation, estate planning, and tax-efficient investment approaches. We help clients navigate financial decisions with customized solutions that align with their long-term goals and risk tolerance levels.
Business Accounting
Full-service business accounting solutions including payroll management, bookkeeping, and financial statement preparation. We assist businesses with tax compliance, quarterly estimated tax payments, and audit preparation. Our services ensure accurate financial records that support informed business decisions and smooth tax season transitions for corporations, partnerships, and sole proprietorships.
Retirement Planning
Specialized retirement planning services that consider individual financial situations and long-term goals. We offer strategic guidance on retirement account options, income planning, and tax-efficient withdrawal strategies. Our professionals help clients navigate Social Security optimization, pension plans, and investment approaches to ensure financial security during retirement years.
Audit Assistance
Professional audit support services for tax and business compliance examinations. Our experts guide clients through the audit process, ensuring proper documentation and representation. We prepare businesses and individuals for IRS or state audits, providing thorough record organization and strategic response development to achieve favorable outcomes while minimizing potential liabilities.
People
Edward LoTurco
Accountant and LPL Financial Advisor
Founder of LoTurco & Company with over 40 years of experience in accounting and financial services. Holds Series 6, 7, 63, and 65 FINRA registrations. Specializes in tax planning, retirement strategies, and investment advisory services. Active member of the Franklin Square Chamber of Commerce with a Certificate in Retirement Planning from Wharton School.
Benjamin LoTurco
Tax Professional
Joined the firm in 2012 as a tax professional and financial advisor. Specializes in income tax preparation for individuals and businesses. Holds Series 7, 63, and 65 securities licenses along with life, accident, and health insurance licenses. Provides comprehensive financial services including retirement planning and investment strategies.
Questions
What tax services do you offer for individuals?
We provide comprehensive individual tax preparation including electronic filing, audit support, and tax planning. Our services cover federal, state, and local tax returns with a focus on maximizing refunds through strategic deductions and credits.
Do you offer financial planning services?
Yes, we offer full financial planning services including retirement planning, investment strategies, risk management, and estate planning. Our registered advisors create customized plans aligned with your financial goals and risk tolerance.
What accounting services are available for businesses?
We provide business accounting services including payroll processing, bookkeeping, financial statement preparation, sales tax filings, and quarterly estimated tax payments. Our solutions ensure accurate records and tax compliance for businesses of all sizes.
Are you qualified to handle complex tax situations?
Our team has over 40 years of combined experience handling complex tax scenarios. We maintain an extensive tax library and stay current with changing regulations to effectively address specialized tax planning needs and international tax matters.
How do you handle audit representation?
We provide complete audit support including document preparation, response development, and direct communication with tax authorities. Our experience with audit processes helps minimize liabilities and ensures proper representation throughout the examination.
What areas do you serve?
While based in Franklin Square, NY, we serve clients throughout New York State and across the United States. Our services accommodate local businesses and individuals as well as remote clients nationwide through secure digital communication.
Reviews (6)
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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Positive:Professionalism,Responsiveness
Ed will personally answer your questions by email promptly. I've had my taxes done at his office for 20 years.
Ed will personally answer your questions by email promptly. I've had my taxes done at his office for 20 years.
Karen Pearson
Dec 23, 2021
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Positive:Professionalism,Quality,Responsiveness,Value
Been wit LoTurco & Company for over 35 years. They are the best in knowledge and know our needs. Things change from year to year and we are always updated as needed.
Been wit LoTurco & Company for over 35 years. They are the best in knowledge and know our needs. Things change from year to year and we are always updated as needed.
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 fiancs 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 fiancs 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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Positive:Professionalism,Responsiveness
Ed at Loturco & Company has been doing my familys personal and my Corporate taxes for a few years now. He is very knowledgeable, timely & professional. If anyone was to ask, they would be the first company I would recommend.
Ed at Loturco & Company has been doing my familys personal and my Corporate taxes for a few years now. He is very knowledgeable, timely & professional. If anyone was to ask, they would be the first company I would recommend.
