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...
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...
Thinking About Forming a New Charity?

Thinking About Forming a New Charity?

We see a lot of interest in forming nonprofit organizations around our clients’ interests and favorite causes. Does your organization qualify as a charity? The IRS lays out specific stipulations for organizations that want 501(c)3 status in their latest Tax Tip.  If...