You might think keeping financial information under your hat is best for your business, but learning to share could help you and your employees achieve your business goals. AUGUST 04, 2014 Some years ago, I hired an attorney to represent me on a small matter. He was young and very successful, expanding quickly and running […]
About Nichols Accounting
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The Nichols Accounting Group has served the Treasure Valley, including Boise, Nampa, and Ontario for over 40 years. They provide tax, accounting, and consulting services.
Partners
We understand that you need a partner to deliver innovative services and ensure access to timely information that will enable you to make critical business decisions. A partner that takes the time to get to know you, and expects you to spend the time to keep them informed. Partners that can help you automate everyday processes, and maximize efficiency and productivity. Someone who acts like an extension of your own staff and is accessible, accountable, and available as needed.Planning
Our approach to the world of accounting, tax, and business, is that it is all about a plan. Each segment of a given business needs a coordinated and well thought-out strategy. We work with you to build profitable ideas and grow your bottom line.
Execution
Our promise is a year-round forward focus that achieves specific outcomes by design, not by chance. Results oriented, quality financial assistance is an investment where returns are measured in preparedness, tax savings, and consultation that positions you to meet your financial objectives.News Articles - News Feed
The very name “internal control” poses a problem for companies when they deal with outsourced providers. This internal responsibility for external functions has become one of the biggest challenges for companies in the 2013 update of the widely used internal control framework created by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). COSO […]
An anonymous couple in California’s “gold country”—named after the 1849 Gold Rush—found $10 million in rare gold coins buried in cans on their property. Why stay anonymous? They don’t want people digging on their property. After all, this is the biggest and best coin discovery in U.S. history. So said Davis Hall of Professional Coin […]
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The Tax Cuts and Jobs Act (TCJA) imposes a new limitation on deductions for business interest expense. The IRS recently issued guidance in the form of proposed regulations. The business interest expense limitation is a permanent change for tax years that began in 2018. Thankfully, many businesses are unaffected. Here’s what you need to know. […]
A new final rule from the U.S. Department of Labor (DOL) clarifies some of the ins and outs of multiple employer plans (MEPs). These are defined contribution retirement plans — such as 401(k) plans — that are sponsored by an association or employer group on behalf of member employers. Clarifying the Rules Existing DOL rules […]
