Accounting for Life
Our goal is to help you achieve financial success.
Less taxing: Thought Leadership from N&Co
Big Changes Ahead: What the OBBBA Means for Your Itemized Deductions
The OBBBA introduces major tax changes, some starting in 2025, including elimination of the Pease limitation, increased SALT deduction caps to $40,000 through 2029, new charitable contribution floors, and temporary deductions for tips, overtime pay, and car loan interest. These complex changes require careful tax planning analysis.
The Tax Guide to Choosing Your Business Entity: Making the Decision #LessTaxing
Starting a business is exciting, but choosing the correct taxing entity structure can feel overwhelming. The decision you make can impact your tax obligations for years to come, so let’s break down the tax pros and cons of each option to help you make an informed choice.
What the “One Big Beautiful Bill Act” Means for Your Taxes
Signed on July 4, 2025, the OBBBA refreshes dozens of TCJA breaks, adds fresh deductions for workers and seniors, and reshapes credits like SALT, child care, and adoption. Our quick guide helps you spot the savings.
About Nichols & Company CPAs
Our firm, based in Westerville, Ohio, has been providing vital accounting and tax services to individuals and small businesses for more than 30 years.
Cultivated through our tradition of service, technical expertise, and innovative thinking, our BizForward program has been developed to assist small and medium-sized business owners in both strengthening and growing their businesses, from inception through retirement.