Blog
Additional Loan Options for Struggling Small Business Owners
There are a couple additional loan options for small business owners who are struggling right now: the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL). The PPP offers applicants funds in the form of loans that can be fully forgiven when...
An Update of Recent Tax Changes Due to Coronavirus
2019 Personal tax returns do not need to be filed until 7/15/20. 2019 taxes due, as well as 1st quarter estimated tax payments, are not due until 7/15/20. NOTE: 2nd quarter estimated tax payments are still currently due on 6/15/20! 2019 IRA & HSA payments can be...
Latest Information from the US Small Business Administration
[vc_row][vc_column][vc_column_text] The US Small Business Administration (SBA) will work with borrowers directly. (UPDATE: Please click here for the SBA's Disaster Assistance Loan Application.) The state of Ohio has to declare an emergency (they anticipate that to...
New Procedures for a Smooth Tax Season at Nichols & Co.
Dear Valued Clients, By now, I am sure that all of us are keenly aware of the spread of the Coronavirus (COVID-19) and the devastating effects it can have. We are committed to high-quality customer service with low-touch, best practices for the remainder of the tax...
We are still here to serve!
In light of the recent closures and developments related to the coronavirus (COVID-19), we wanted to assure you that we are right here working on tax returns and open to serve you! For those clients who would like to minimize contact with others, 2019 tax documents...
Big News for Our Firm
Nichols & Company, CPAs is pleased to announce that an established Worthington, Ohio CPA firm will be joining our office. Joseph Schaefer, CPA and Deborah Kohman, CPA, of Schaefer and Associates, CPAs, will continue to provide tax & accounting support to their...
IRS Releases Mileage Rates for 2020
The IRS recently released the mileage rates for 2020. Beginning Jan. 1, the business mileage rate decreased one-half of a cent for business travel driven and three cents for medical and certain moving expenses as compared to the rates for 2019. The charitable rate is...
New Ohio Laws for Pass-Through Entities
Many of our clients are pass-through entities and sole-proprietorships. Ohio tax law has been very generous to these entities over the past several years, but there are now some changes to those laws. Part of the value of a CPA relationship is knowing that we will...
Meet Our Staff — Cara Vanasdale, Director of Client Care
Meet Cara Vanasdale, Director of Client Care. Cara joined the N&Co team in 2014 and, over the years, moved to serving as the Director of Client Care. In this position, she oversees the front desk staff, as well as the website and office marketing efforts. When...