Riney Hancock CPAs

Certified Public Accountants & Financial Advisors

Since 1973, Riney Hancock CPAs PSC has successfully served the accounting and business consulting needs of individuals and businesses in western Kentucky and southern Indiana with one goal: To be our clients’ most trusted and valued financial advisors.

We take great pride in the success of our clients. Beyond our traditional CPA services, Riney Hancock CPAs provides financial consultation, comprehensive tax planning, litigation support, valuations, and medical/dental practice management, among many other professional services.

With offices in Owensboro, Kentucky, and Evansville, Indiana, our team of seven shareholders and a staff of more than 25 professionals and support personnel brings extensive experience and dedication to ensure your financial well-being. Riney Hancock CPAs employs an innovative, dynamic team structure that provides flexibility and gives you the benefit of working with qualified professionals for your specific needs.

Please browse our site to discover our many services and learn about us. We invite you to contact us so we can develop a plan for you.

News

NEW Tax Rules for 2020!

Here are several new tax laws passed this year to consider as you start planning your 2020 tax obligation. Make up to $300 of charitable contributions. For the 2020 tax year only, an above-the-line deduction of $300 is available to all Americans who want to make a charitable contribution. You can donate to more than […]

PPP Loan Forgiveness Updates

The Small Business Administration (SBA) issued additional “Frequently Asked Questions” on Tuesday dealing with forgiveness of the Paycheck Protection Program loans created by the CARES Act earlier this year. Attached is a link to the SBA website where the full text of the FAQ’s are available. https://www.sba.gov/document/support-frequently-asked-questions-ppp-loan-forgiveness We here at Riney Hancock want to keep […]

Taxable or Not Taxable?

There are a number of areas in the tax code that cause confusion as to the taxability of money received. Here are some of the most common areas of confusion. Unemployment compensation. Unemployment compensation is typically required to be reported as taxable income. Because of the pandemic, millions of taxpayers could now be facing a […]

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