Accounting for Life
Our goal is to help you achieve financial success.
Less taxing: Thought Leadership from N&Co
If You Earn Tips, Your 2025 Tax Return May Have Looked Different This Year. Here’s Why
The “No Tax on Tips” provision of the One Big Beautiful Bill Act let eligible workers deduct up to $25,000 in qualified tip income from their 2025 federal return, and with the IRS now issuing its final regulations, the rules are finally clear. But qualifying isn’t automatic, and there are some details that could catch you off guard. Here’s what you need to know.
Happy National 529 Day!
May 29 is National 529 Day, and for Ohio families, it is a great time to revisit a very tax-efficient ways to save for a child’s (or grandchild’s) education. Recent legislation has expanded what these accounts can do, from doubling K-12 distribution limits to allowing unused funds to roll into a Roth IRA, making 529 plans more versatile than ever.
Stop Leaving Money on the Table: A Restaurant Owner’s Financial Guide
Restaurant ownership comes with razor-thin margins and a tax landscape that grows more complex every year. The good news is that most of the financial pitfalls restaurant owners fall into are entirely avoidable, with the right guidance and a proactive, year-round approach.
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.
Our BizForward program—cultivated through our long-standing tradition of service, technical expertise, and forward-thinking solutions—was developed to support small and medium-sized business owners in strengthening and growing their business, from inception through retirement.



