Nov 17, 2025 | Tax Planning
The IRS has announced the annual cost-of-living adjustments to retirement contribution limits for 2026. While these increases are modest, they provide additional opportunities for retirement savers to set aside funds for their future.401(k) Contribution Limits...
Nov 11, 2025 | Tax Planning
Insights & UpdatesNew Auto Loan Interest Deduction Plus Other Major OBBBA Tax Changes: What You Need to Know for 2025If you’ve been thinking about buying a new car or live in a high-tax state, there’s major tax relief coming your way through the One Big...
Nov 5, 2025 | Tax Planning
If you've been thinking about buying a new car, truck, or motorcycle, there's some good news on the tax front. The One Big Beautiful Bill Act (OBBBA) created a brand-new deduction that could save you money on your taxes—but only for a limited time.This temporary...
Nov 5, 2025 | Tax Planning
With the current government shutdown affecting IRS operations, many taxpayers are wondering how this impacts their interactions with the agency. Rest assured, our team at Nichols & Company continues to serve clients without interruption and is here to help you through...
Oct 13, 2025 | Tax Planning
The One Big Beautiful Bill Act (OBBBA) passed earlier this year brought significant changes to the tax landscape, and the IRS just released the 2026 inflation adjustments that build on these reforms.While you shouldn't have to wade through complex tax bulletins and...
Oct 8, 2025 | Tax Planning
Every year, Ohio businesses are required to file an Unclaimed Funds Report with the Ohio Division of Unclaimed Funds. Even if your business has nothing to report—no uncashed checks, unpaid vendor credits, or dormant customer balances—you still need...
