Blog
Meet Our Staff — Video Series
At Nichols & Company, our clients are more than a number. We love getting to know you on a more personal level. That being said, we also wanted to give you a chance to better know our team--some of whom will be working directly with you and some of whom are busy...
Meet Our Staff — Owner Gwen Nichols, CPA
Meet Gwen Nichols, CPA and president of Nichols & Company, CPAs. Gwen brings more than 25 years of accounting experience to N&Co, where she finds it very satisfying to serve as a trusted advisor to her clients. Gwen is also very involved in the Westerville...
Looking To Increase Your Savings? Your Emotions Could Help You Save More
As a business owner, I know that goal-setting helps us achieve real progress and create a shared vision for everyone in our business. I never thought of its influence as emotional, but here’s an interesting article on using our emotions to further our goals: According...
Don’t Get Hit With a Big Tax Bill! Most People Are Not Having Enough Federal Tax Withheld!
The IRS is trying to spread the news, and we want to help our clients: The new tax laws are resulting in many taxpayers being under-withheld because their paycheck withholding was reduced—potentially in excess of the reduction in their tax liability! While in past...
Millennials: Are you living within your means?
Here at N & Co. we have a number of “millennial” clients, business owners, children, and interns. We enjoy their unique perspective on the world, and as accountants, we are especially interested in their ideas about money. The millennials we know are discerning...
Considering a Roth IRA Conversion: Why it could make sense to pay taxes on retirement savings sooner versus later
Our clients are savvy consumers, and we encourage them to plan carefully for retirement. That means we welcome the opportunity to help take a long view on tax planning and map out long-term tax saving strategies. Roth conversions are one such strategy. Rob Williams,...
Thinking ahead to tax season: Do you know what’s taxable?
The tax laws have changed. Take Kiplinger’s Personal Finance Quiz to find out if you know what IS and what IS NOT taxable. If your results show you need more help with determining what is taxable, please feel free to give our office a call. Your accountant will be...
529 Plans: 2018 Tax Law Changes
For parents or grandparents, 529 plans can be a smart way to save for schooling. Here are recent legislative changes: Saving-- Annual contribution limits double in 2018 from $2,000 to $4,000 per beneficiary. Paying for expenses-- Beginning in 2018, 529 funds can be...
Storytelling: Why Some Business Ideas Catch On–And Others Don’t
Sometimes the success of a business idea and gathering support for it is accomplished through great storytelling, says Carmine Gallo, author of The Storyteller's Secret: From TED Speakers to Business Legends, Why Some Ideas Catch On and Others Don't. According to...