I regularly meet tax accounting professionals who are burned out from working in a large firm. Some of these brave souls have ventured out on their own to become sole practitioners. They tell me they are seeking independence and more freedom to advise their clients comprehensively. They also hope to gain personal flexibility. While this […] The post Sole Practitioners: Benefits of Working with a Team appeared first on Nichols & Company CPAs ..read more

This hashtag summarizes so much of what we do at Nichols & Company CPAs. We work hard to make life #LessTaxing for our clients by doing the “heavy lifting” of compliance and providing them with practical advice tailored to their unique situation. We also strive to make our employees’ lives #LessTaxing by providing a level […] The post Making Life #LessTaxing! appeared first on Nichols & Company CPAs ..read more

Recently, the growing shortage of accountants made local news in my area. While there’s still a wealth of talent out there, many qualified professionals are turned off by the expectations of the Big 4 accounting firms. But it’s important to know that not all firms operate the same way. Accountants have . In my conversations […] The post appeared first on Nichols & Company CPAs ..read more

N&Co is so pleased to have made a donation to help bring a baby dragon to life at the Westerville Public Library’s annual Wizards & Wands Festival! This fiery little friend will be joining the festivities starting October 1st, spreading enchantment and delight to all the wizards, witches, and magical beings who attend. We couldn’t […] The post Helping Hatch a New Baby Dragon! appeared first on Nichols & Company CPAs ..read more

If the Tax Cuts and Jobs Act of 2017 (TCJA) expires at midnight on December 31, 2025, your tax situation could be drastically altered. It is worth considering how these changes could impact you and plan now to avoid unnecessary surprises later. According to USA Today, nearly every taxpayer will be impacted in one way […] The post Potential Changes to Tax Law Looming for 2026; Tax Professionals Advise Planning Now appeared first on Nichols & Company CPAs ..read more

Shoppers, start your engines. Ohio’s expanded Sales Tax Holiday will take place from 12:00 a.m. Tuesday, July 30 until 11:59 p.m. Thursday, August 8. The length of Ohio’s Sales Tax holiday has been expanded to 10 days and will allow tax-free purchases made in-person or online on all eligible items of up to $500. Previous […] The post Almost celebration time: Ohio’s expanded Sales Tax Holiday starts July 30 appeared first on Nichols & Company CPAs ..read more

It’s National Intern Day, and we would like to let our amazing intern, Nathan Morey, introduce himself: School/Major: Otterbein University; Finance major with a heavy minor in Accounting Anticipated Graduation Date: December 2024 What is your favorite part of working in Tax Prep? I enjoy getting to do something different every day, and I appreciate the great […] The post It’s National Intern Day — Introducing Nathan Morey appeared first on Nichols & Company CPAs ..read more

The Federal Application For Student Aid (FAFSA) has undergone some significant changes designed to simplify the application process. Here are some key items to be aware of: Introduction of “Contributor”: A contributor is the new terms for anyone who is asked to provide: 1) their federal tax information directly from the IRS into the FAFSA form, and 2) their signature on the FAFSA form. Answers to questions on the FAFSA form will help to identify who contributor(s) are. Even if an applicant is considered “independent,” they might still be required to have contributor(s) participate on their F ..read more

While we didn’t close for the day, we did take a short break from preparing taxes to enjoy today’s once-in-a-lifetime solar eclipse. All we can say is “WOW!” The post From Tax Breaks to Eclipse Breaks appeared first on Nichols & Company CPAs ..read more

When you only work about 15 Fridays per year, you like to make them special. Today was our Chili Cook-Off! We had a variety of chilis, including original, white chicken and vegetarian. Congratulations to our winners: Rosie (1st Place), Cindy (2nd Place) and Chris (3rd Place)! The post N&Co Chili Cook-Off appeared first on Nichols & Company CPAs ..read more