Carola Nicholson


Carola Nicholson is a Certified Public Accountant who moved to Santa Barbara in 1980. For 10 years, she worked in San Francisco at one of the largest accounting firms in the nation - Ernst & Young - as a Senior Accounting Manager and later as New Business Development Director.

Since 2000, Ms. Nicholson has built a private practice in Santa Barbara and founded Nicholson & Schwartz in 2004. She specializes in tax consulting and preparation for individuals, non-profits and corporations, with an emphasis on small business financial management.

Carola received her Bachelor's degree from the University of California, Santa Barbara, and her masters in taxation from Golden Gate University. She believes strongly in giving back to her community. She currently serves on the boards for the Santa Barbara Bowl Foundation, and the Cancer Foundation of Santa Barbara. Carola is also a past member of the Santa Barbara County Advisory Board on Alcohol and Drug Problems, Women's Economic Ventures (WEV), Recording for the Blind & Dyslexic, the Santa Barbara Hispanic Chamber of Commerce and the Santa Barbara Symphony League.


Tony Vallejo


Tony is a Certified Public Accountant since 1992. He has worked for several large local CPA firms as well as serving as the Chief Financial Officer for a local real estate company before starting his own practice in 2012. After successfully running this practice for over 7 years he merged his practice with Nicholson & Schwartz when he joined the firm as a partner on January 1, 2020. Tony specializes in tax consulting and business consulting with a specialty in small closely held businesses.

Tony was born and raised in Carpinteria where he attended local schools before graduating from the University of California at Santa Barbara. He has raised two children, Marissa and Thomas. He and his wife Sandra have made Goleta their home for the last 22 years.

When Tony is not spending time with his family, he enjoys volunteering in his community. He currently serves on the board of directors of Santa Barbara South Coast Chamber of Commerce, United Boys and Girls of Santa Barbara County, Goleta Valley Cottage Hospital Foundation, and the Santa Barbara Deputy Sheriff Foundation to name a few. He has also served as a city council member for the city of Goleta.

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Molly has the most important role at Nicholson & Schwartz; she is the official office greeter. She is a 7 year old Australian Shepard ready for you to give her lots of love and belly rubs while you happily wait to discuss taxes and business related topics. If you haven’t met Molly yet, hopefully you will have the PAWleasure to meet her soon!

Santa Barbara, CA

Phone: 805-969-9662

Buellton, CA

Phone: 805-691-9396