Blog
2024 Individual End-of-Year Tax Planning Guide
If you’re concerned about a potential April tax liability, it might make more sense than ever to do some tax planning before the year ends. Also, we strongly encourage you to reach out to us if you’ve experienced any of the following major life events this year:...
What Another Trump Presidency Means for Tax Policy in 2025 and Beyond
With President-elect Donald Trump winning a second term in the November 5 election, we have a clearer picture of what tax policies will be at the forefront of discussions as we head into 2025 and the scheduled expiration of many Tax Cuts and Jobs Act (TCJA)...
Continuing Professional Development to Better Serve Our Clients
Last week, Siraj and Adam attended Thomson Reuters' annual Synergy conference. It is at dynamic events like this where we compare best practices with our peers, dig deep into technology and data security trends, and hone our professional skills. Professional...
Now Is An Excellent Time For Tax Planning
If you have experienced a major life event, for instance retirement, marriage, divorce, birth of a child, change in personal or business income, sale of property, etc., contact us to identify time-sensitive tax-savings opportunities for 2024 and perhaps 2025, as well....
The 2023 Tax Season Has Finally Concluded!
Introducing the Newest Addition to the N&Co Team: Jill M. Jones, EA
Nichols & Company CPAs is pleased to welcome Jill M. Jones, EA, to our accounting team! With a wealth of experience in planning, advising, and tax preparation — including owning her own firm — Jill will be taking on new clients and providing support to our...
Sole Practitioners: Benefits of Working with a Team
I regularly meet tax accounting professionals who are burned out from working in a large firm. Some of these brave souls have ventured out on their own to become sole practitioners. They tell me they are seeking independence and more freedom to advise their clients...
Making Life #LessTaxing!
This hashtag summarizes so much of what we do at Nichols & Company CPAs. We work hard to make life #LessTaxing for our clients by doing the “heavy lifting” of compliance and providing them with practical advice tailored to their unique situation. We also strive to...
Recently, the growing shortage of accountants made local news in my area. While there’s still a wealth of talent out there, many qualified professionals are turned off by the expectations of the Big 4 accounting firms. But it’s important to know that not all firms...