Alexander & Company CPAs PSC

Alexander & Company CPAs PSC Accounting Firm in Owensboro, KY Our heritage runs deep here at Alexander & Company CPAs PSC. Alexander & Company CPAs PSC was founded by Edward T.

We are proud of our rich history in accounting in the state of Kentucky. Alexander in 1924 and is one of the oldest CPA firms in the state. Edward was a Cumberland native and graduated from Bowling Green Business University. He moved to Owensboro at the young age of 29. The Company was founded as a sole proprietorship and with the addition of Hubert H. Humphrey in 1927, the firm practiced as a par

tnership under the name of Alexander & Company Auditors and Accountants. Although many firms change names through forced merger or acquisition, Alexander & Company CPAs PSC has survived and even thrived through both, the Great Depression and the Great Recession by providing our clients outstanding service. We are very proud of our heritage and the reputation that our firm has obtained with financial institutions, other professionals, and Federal, State and local taxing authorities. Since our inception the firm has enjoyed a steady substantial growth which has come about mainly by referrals from existing clients. We are proud to be located in Owensboro, Kentucky to provide small and medium size nonprofit and governmental organizations with audit and accounting services, systems evaluation and support, and bookkeeping services. Our professional services also include personal and business financial and management consulting, computer consulting, accounting, auditing and tax services. The focus of all our services is to help our clients identify and achieve their goals. Alexander & Company CPAs PSC's mission is to provide high quality, efficient and responsive professional services to businesses, not-for-profit and governmental organizations and individuals, principally in the Owensboro and surrounding area. With continuous programs for personal and professional development, evaluation, promotion and equitable compensation, we attempt to attract, develop and retain people with intelligence, attitudes and skills that enhance our ability to serve our clients. We are committed to maintain a managed, above-average rate of growth for the Firm and a constant sensitivity to the quality of life and personal growth of our people, and to provide for the long-term continuity of the Firm.

Imagine if a fraud perpetrator wiped out your 401(k) account balance overnight. Would you still be able to retire? Milli...
06/02/2026

Imagine if a fraud perpetrator wiped out your 401(k) account balance overnight. Would you still be able to retire? Millions of dollars in U.S. retirement plans have been stolen thanks to hackers, identity thieves and social engineers, such as scammers using phishing emails to obtain financial and other personal information. But you can protect your hard-earned savings! Call us (270) 684-3237 for retirement planning help.

Today’s finance and accounting (F&A) teams are under significant pressure. Tight deadlines, lean staffing, evolving regu...
06/01/2026

Today’s finance and accounting (F&A) teams are under significant pressure. Tight deadlines, lean staffing, evolving regulations and growing compliance demands can lead to burnout, errors and turnover. Retention isn’t just about compensation. Practical operational improvements can make a real difference. Consider automating repetitive tasks, clarifying approval workflows, cross-training staff to ease bottlenecks and leveraging external resources during peak times. When your F&A team has the right structure and support, they’re more productive, accurate and engaged. Call us at (270) 684-3237 to brainstorm cost-effective ways to strengthen your financial operations.

Does your business provide complimentary on-site food and beverages for employees? The rules for deducting certain busin...
05/29/2026

Does your business provide complimentary on-site food and beverages for employees? The rules for deducting certain business meals have changed. Beginning in 2026, employers generally can’t deduct 1) meals treated as de minimis fringe benefits, or 2) employer-provided meals that are excludable from an employee’s income and provided for the employer’s convenience on business premises. For the 2025 tax year, generally the former were 100% deductible and the latter were 50% deductible. Contact us at (270) 684-3237 to discuss whether this change will affect your company and how to plan accordingly.

Every business deserves an advisor who understands its goals and challenges. Our client-first approach combines responsi...
05/27/2026

Every business deserves an advisor who understands its goals and challenges. Our client-first approach combines responsive service with a comprehensive understanding of the latest tax, accounting and regulatory developments. Let’s explore strategies that help your business manage risks, seize opportunities and grow. Call us at (270) 684-3237 to get started.

It’s almost never too late to start planning for retirement. Whether you already have large 401(k) or IRA balances or ar...
05/26/2026

It’s almost never too late to start planning for retirement. Whether you already have large 401(k) or IRA balances or are starting from scratch, we can help craft a strategy that reflects your personal situation and addresses your goals. So start thinking about what’s important to you: Building a big nest egg, reducing income tax liability, something else … We’re here to help make it possible!

For small business owners, tax planning shouldn’t be a once-a-year chore. It affects nearly every business decision you ...
05/25/2026

For small business owners, tax planning shouldn’t be a once-a-year chore. It affects nearly every business decision you make. From how you pay yourself to when you invest in equipment, the right moves can lower your tax bill … and the wrong ones can cost you. With major tax law changes taking effect in 2026, now’s the time to be proactive, not reactive. We can help you understand which strategies, deductions and credits matter most for your business. Call us at (270) 684-3237 to learn how smart planning today can lead to long-term tax savings.

In honor of Memorial Day, we will be closed Monday, May 25th as we take time to remember and honor those who served. Hav...
05/22/2026

In honor of Memorial Day, we will be closed Monday, May 25th as we take time to remember and honor those who served. Have a safe and relaxing holiday weekend. We will reopen normal business hours on Tuesday.

The IRS has issued final regulations on the tax deduction for qualified cash tips. The legislation commonly known as the...
05/22/2026

The IRS has issued final regulations on the tax deduction for qualified cash tips. The legislation commonly known as the “One Big Beautiful Bill Act” created the deduction of up to $25,000 per year for 2025 through 2028. Qualified tips generally refer to cash tips received by an individual in an occupation that “customarily and regularly” received tips on or before Dec. 31, 2024. The final regs list more than 70 eligible occupations. In addition to occupations previously listed in the proposed regs, the final regs add visual artists, floral designers and gas pump attendants. The final regs also provide clarifications to the definition of a qualified cash tip. For more details, call us at (270) 684-3237.

Maintaining healthy operating cash flow helps drive your company’s success. But accomplishing this objective isn’t alway...
05/19/2026

Maintaining healthy operating cash flow helps drive your company’s success. But accomplishing this objective isn’t always easy. One practical approach is to speed up customer payments while carefully managing the timing of your own bills. Prudently shortening your cash conversion cycle can improve liquidity and give your business greater financial flexibility. Please call us at (270) 684-3237 for help identifying opportunities to strengthen your cash position and keep your business moving in the right direction.

Two federal tax breaks can help offset the cost of accessibility improvements. In 2026, qualifying small businesses (wit...
05/18/2026

Two federal tax breaks can help offset the cost of accessibility improvements. In 2026, qualifying small businesses (with $1 million or less in gross receipts or no more than 30 full-time employees in 2025) may claim the Disabled Access Credit. It’s generally worth 50% of eligible accessibility costs (up to a $5,000 maximum). Businesses of any size may also deduct up to $15,000 per year for qualified architectural and transportation barrier removal. You can claim both benefits in the same year, but not for the same expense. New construction isn’t eligible for either break. If you’re planning upgrades, call us at (270) 684-3237 to help you make the most of these incentives.

Address

2707 Breckenridge Street, Ste 1
Owensboro, KY
42303

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

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