Scott Clay Director of the Tax Division

Scott L. Clay, CPA, joined Riney Hancock CPAs PSC in 1982 and became shareholder in 2006. He manages and reviews the preparation of various federal, state, and local tax returns. He assists clients in disputes with various tax jurisdictions and provides advice on structuring business transactions in a tax efficient manner. His diversified public accounting background also includes significant involvement in audits of electric cooperatives, utilities, and governmental entities. Prior to joining the firm, he spent five years as a chief financial officer of a major independent coal mining company employing approximately 200 persons and having annual gross revenues ranging from $40 to $50 million. He had total responsibility for financial reporting, cash management, and tax planning functions, and negotiated terms with customers, financial institutions, insurance providers, and vendors.

He is a summa cum laude graduate of Western Kentucky University with a Bachelor of Science degree in Business Administration, with a concentration in Accounting, and is a Certified Public Accountant (CPA).

Areas of Emphasis

  • Tax Consultation/Planning/Due Diligence
  • Tax Return Preparation/Review
  • Litigation Support
  • Design and Implementation of Accounting Systems
  • Operations Improvement

Professional Memberships

  • American Institute of Certified Public Accountants
  • Kentucky Society of Certified Public Accountants
  • Allinial Global

Community Activities

  • Owensboro Community & Technical College Foundation – Treasurer
  • DCHS Panther Foundation of Alumni and Friends, Inc – Treasurer
  • Bellevue Baptist Church – Moderator, Deacon, Benevolence Committee, Financial Planning Committee, and Past Treasurer
  • Coached for various youth athletic organizations and served as an assistant coach for the Daviess County High School freshman and junior varsity baseball teams.