Jan 1, 2022 | Firm News, Uncategorized
May the 2021 Tax Season Commence!
Oct 4, 2021 | Corporate Tax, Personal Tax, Tax Planning, Uncategorized
In 2020 lawmakers put in place several provisions that allowed for additional tax benefits for individuals and businesses making charitable donations. As in 2020, the following tax benefits are in place: • Taxpayers who do not itemize can claim a deduction of up to...
Aug 3, 2021 | Firm News, Uncategorized
We love working really hard for our clients all year long, but especially during the 14-weeks of tax season! We are currently hiring for a variety of job positions within in the firm–some are for tax season & some are year-round. If you or someone you know...
Jun 24, 2020 | Education, Uncategorized
Great news for college students! Federal student loan rates for the 2020-21 school year have dropped to the lowest point ever: 2.75% for both subsidized and unsubsidized undergraduate loans. Please see this chart for additional details. Thank you, Dave Lundregan at...
Apr 10, 2020 | COVID-19, IRS, Personal Tax, Uncategorized
At Nichols & Company, we know many of you are assisting elderly parents or grandparents right now. In an effort to support you, we wanted to share that the IRS has launched a new tool to assist non-filers in registering their current information for their Economic...
Apr 8, 2020 | COVID-19, IRS, Uncategorized
If you’ve tried contacting the IRS recently, you might have noticed a few things have changed. Here are a few highlights you may wish to be aware of: 1) 70,000+ IRS workers are trying to work remotely. This has resulted in the closure of most local offices,...
