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Less taxing: Thought Leadership from N&Co

2025 Year-End Tax Planning for Individuals

2025 Year-End Tax Planning for Individuals

With the passing of the One Big Beautiful Bill Act (OBBBA), the Federal Reserve cutting interest rates, and inflation showing signs of moderating, tax planning remains as important as ever for taxpayers seeking to manage cash flows and reduce their tax liabilities over time.

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Client Newsletter

Client Newsletter

New tax rules, a major shift in how the IRS issues refunds, and an important reminder for S corp shareholders — this issue covers what you need to know right now. From a new auto loan interest deduction to mandatory direct deposit for tax refunds and critical W-2 reporting requirements for health insurance premiums, there’s something here for nearly every taxpayer.

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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.