Taxman-croppedWelcome to the Nichols Income Tax website!

This website exists to provide clients and potential clients with information concerning our company and our unique and professional services. We have an excellent client-retention rate, and we are extremely proud of the high-quality services that we provide.

Please, feel free to browse our website to see the services we offer as well as the many helpful resources and tools the site provides which will help provide some answers about many tax situations. When you are ready to learn more about what we can do for you, we encourage you to contact us.

Affordable Care Act (ACA)

Penalty Calculators

Under Obamacare you must purchase health Insurance or pay a fine. For 2016 this fine is $695 per adult or 2.5% of your income, whichever is higher. The fine is payable when you file your return. Use the Obamacare Fine Calculators to figure out your possible fine for 2015 or 2016.

Kaiser Marketplace Calculator

The Health Insurance Marketplace Calculator provides estimates of health insurance premiums and subsidies for people purchasing insurance on their own in health insurance exchanges (or “Marketplaces”).

Health Care Calculator

Another link to a Subsidy calculator for the Affordable Care Act (Obamacare). I included this one because each site offers a little different additional information which you might find useful.