Still Waiting For Your Tax Refund?

Still Waiting For Your Tax Refund?

Nichols & Company ensures that the IRS accepts your return electronically; but after that point, they do not communicate with us about the status of your return. We have heard from our clients and in the news that the IRS is slow to process returns and issue...
CARES Act Extension Signed Into Law

CARES Act Extension Signed Into Law

The Westerville Area Chamber of Commerce recently shared a few highlights about the CARES Act Extension that we wanted to bring to your attention: •PPP (Paycheck Protection Program) program will reopen with $284.5 billion to strengthen first time and second time...
IRS Releases 2021 Standard Mileage Rates

IRS Releases 2021 Standard Mileage Rates

The Internal Revenue Service today issued the 2021 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.   Beginning on January 1, 2021, the standard mileage rates for...
IRS Offers Security Warnings & Scam Alerts

IRS Offers Security Warnings & Scam Alerts

The IRS wants taxpayers to know of a scam involving texts & Economic Income Payments: People get a text message saying they have “received a direct deposit of $1,200 from COVID-19 TREAS FUND. Further action is required to accept this payment… Continue here to...