Accounting for Life
Our goal is to help you achieve financial success.
Less taxing: Thought Leadership from N&Co
Big Changes Ahead: What the OBBBA Means for Your Itemized Deductions
The OBBBA introduces major tax changes, some starting in 2025, including elimination of the Pease limitation, increased SALT deduction caps to $40,000 through 2029, new charitable contribution floors, and temporary deductions for tips, overtime pay, and car loan interest. These complex changes require careful tax planning analysis.
The Tax Guide to Choosing Your Business Entity: Making the Decision #LessTaxing
Starting a business is exciting, but choosing the correct taxing entity structure can feel overwhelming. The decision you make can impact your tax obligations for years to come, so let’s break down the tax pros and cons of each option to help you make an informed choice.
Client Newsletter
The One Big Beautiful Bill Act, signed into law on July 4, 2025, could meaningfully change your tax picture — and Ohio taxpayers have even more to navigate with a new flat income tax rate taking effect in 2026. Here’s what you need to know to stay ahead of the changes and make the most of the new opportunities available to you.
About Nichols & Company CPAs
Our firm, based in Westerville, Ohio, has been providing vital accounting and tax services to individuals and small businesses for more than 30 years.
Our BizForward program—cultivated through our long-standing tradition of service, technical expertise, and forward-thinking solutions—was developed to support small and medium-sized business owners in strengthening and growing their business, from inception through retirement.