News

Tax Tips for Your Business

Published on November 18th, 2021

Here are several tax tips to help your business be more tax-efficient both now and in the future. Take a fresh look at your business structure. Analyze each form of business entity to determine if switching to a new structure would potentially benefit you over the next several years compared to your current structure. This will […]

New Rules Could Limit Your Business Losses

Published on November 17th, 2021

Here’s what you need to know about net operating losses starting in 2021 It’s never fun to lose money, but business losses are tax-deductible. Unfortunately, the rules for deducting losses have undergone multiple changes over the past few years, and more changes could be coming. Here’s where things stand now. Background If a business’s deductions […]

Year-End Planning for Businesses

Published on November 15th, 2021

With year-end approaching, it is time to start thinking about moves that may help lower your business’s taxes for this year and next. This year’s planning is more challenging than usual due to the uncertainty surrounding pending legislation that could increase corporate tax rates, plus the top rates on both business owners’ ordinary income and […]

Hiring: Audit Seniors and Audit Supervisors

Published on November 11th, 2021

Riney Hancock CPAs PSC is looking for an experienced audit senior and an audit supervisor to join our audit and assurance services division teams in Owensboro, Kentucky and Evansville, Indiana. Riney Hancock CPAs PSC is a full-service, regional firm with offices in Owensboro, Kentucky and Evansville, Indiana. The Riney Hancock (RH) Team consists of CPAs […]

Fake Products (and Money!) Are Big Business

Published on November 10th, 2021

How to protect yourself from modern-day counterfeiters Counterfeiters are getting better at tricking you. They do this by using fake images, creating realistic websites and promising low prices. According to the Organization for Economic Co-operation and Development (OECD), fraudsters hold an estimated 3.3% of world trade, up from 2.5% in 2016. Here are some commonly […]