Business Details
50+ Years
experience
Your Trusted Accounting Partner in Edmonds, WA
Loughrin & Co. & Co. has been providing trusted accounting and tax services since 1962, built on a foundation of family tradition and community values. Our firm combines generations of expertise with personalized service, catering to individuals and small businesses globally while maintaining a neighborhood atmosphere. We prioritize understanding each client's unique needs to deliver tailored financial solutions. Our team of certified professionals brings decades of combined experience in tax planning, accounting, and business consulting. We adhere to the highest standards of professionalism, ensuring transparency, accuracy, and compliance in all our services.Our commitment to client satisfaction is reflected in our long-standing relationships and reputation as a reliable financial partner. We continuously adapt to evolving tax laws and technologies to provide forward-thinking advice and efficient solutions. Our office in Edmonds, WA, serves as a hub for personalized service, supported by a team dedicated to fostering trust and financial clarity. We believe in empowering clients through education and proactive planning to achieve their financial goals. This enduring philosophy, rooted in integrity and expertise, defines our approach to every client interaction.
Services
Tax Planning
Tax Preparation
Accounting
Bookkeeping
Payroll
Business Startup
QuickBooks Solutions
Business Consulting
Details
- Year established: 1962
Highlights and features
- We offer over 60 years of combined experience in accounting and tax services.
- Our team provides personalized financial solutions tailored to individual client needs.
- We maintain a family-oriented, community-focused approach to client relationships.
- Our professionals hold certifications including CPA and Enrolled Agent designations.
- We specialize in navigating complex tax law changes like the TCJA 2017.
Services
Tax Planning
Our tax planning services help clients optimize financial strategies while ensuring compliance with evolving regulations. We analyze individual circumstances to minimize liabilities and maximize savings. With expertise in federal and state tax codes, we provide actionable advice for long-term financial health.
Accounting
We offer comprehensive accounting solutions for businesses, including financial statement preparation and analysis. Our team ensures accurate record-keeping and regulatory compliance. Services support informed decision-making through clear financial reporting tailored to business needs.
Bookkeeping
Our bookkeeping services maintain precise financial records for businesses of all sizes. We handle accounts payable/receivable, payroll processing, and financial tracking. This foundational service ensures operational efficiency and prepares clients for tax season.
Business Consulting
We provide strategic business consulting to help entrepreneurs achieve growth objectives. Services include financial analysis, cash flow management, and operational optimization. Our advisors combine industry knowledge with personalized guidance for sustainable success.
QuickBooks Solutions
Our QuickBooks specialists offer setup, training, and troubleshooting for small businesses. We ensure proper implementation of accounting software to streamline financial operations. Ongoing support helps clients maximize efficiency in financial management.
People
Bill Loughrin
Owner, CPA
Bill Loughrin & Co. & Co. leads the firm with over 30 years of experience, continuing his father's legacy since 1997. He specializes in tax strategy and business consulting, combining deep local knowledge with national accounting standards.
Bob Nakamura
Enrolled Agent
Bob Nakamura brings 15 years of tax expertise, specializing in corporate and nonprofit tax returns. With a background in data analytics, he provides precise financial solutions for diverse entities while maintaining personal client relationships.
Roni Pohl
Enrolled Agent
Roni Pohl specializes in estate and trust taxation with 30 years of CPA firm experience. Her technical expertise ensures accurate compliance for complex financial structures while maintaining personalized client service.
Jan Middleton
Bookkeeper
Jan Middleton manages accounting operations with 12 years of experience at Loughrin & Co. & Co. Her background in real estate and business operations provides practical insights for clients' financial management needs.
Stephanie White
Administrative Assistant
Stephanie White coordinates office operations with 5 years of service, leveraging prior customer service experience. Her local knowledge and attention to detail support seamless client interactions and administrative efficiency.
Questions
How does the Tax Cuts and Jobs Act affect my mortgage interest deductions?
The TCJA limits mortgage interest deductions to loans up to $750,000 for new mortgages after December 15, 2017, while grandfathering existing larger loans.
Can I still deduct home equity loan interest under the new tax law?
Interest on home equity loans is no longer deductible for tax years 2018-2025 unless used for home improvements.
How does the TCJA impact pass-through business income deductions?
Non-corporate taxpayers may deduct 20% of qualified business income, subject to wage and income limitations for specified service businesses.
What changes affect state and local tax deductions?
The TCJA caps state and local tax deductions at $10,000 annually, impacting itemized deductions for many taxpayers.
How has the standard deduction changed under the TCJA?
The standard deduction has doubled to $24,000 for joint filers, reducing the benefit of itemizing deductions for many taxpayers.
Reviews (1)
Jake Nelson
Apr 30, 2018
Report
My family has been coming here for over 20 years now and never had a problem. Bill is extremely competent and goes above and beyond he assist his clients in any way he can. A lot of my friends think using an accountant has become something of the past with TurboTax but when I tell them the experiences I've had with Bill they quickly realize how much not using him has costed them. I would highly recommend Bill to anyone who has any accounting needs in the country.
