Alexander & Company CPAs PSC

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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 partnership 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.

Severe weather and other threats to a business’s ability to operate can occur at any time. Although you can’t foresee ev...
11/03/2026

Severe weather and other threats to a business’s ability to operate can occur at any time. Although you can’t foresee every disaster, you can put together a comprehensive business continuity plan that addresses most potential threats. If you don’t have a plan in place, implement basic protections immediately, such as an evacuation strategy and insurance. But, from there, take your time to get it right. Call us at (270) 684-3237 for help identifying and managing the costs associated with a business continuity plan.

If you have a health care FSA, you may need to use your 2026 balance by Dec. 31 or lose it. But some FSAs offer a 2 1/2-...
11/02/2026

If you have a health care FSA, you may need to use your 2026 balance by Dec. 31 or lose it. But some FSAs offer a 2 1/2-month grace period or let you roll over up to $680 for use in 2027. Check with your employer to see what your FSA allows. We can answer questions about which expenses can be paid or reimbursed by your FSA and help you determine whether there are additional year-end tax planning steps you can take related to health care expenses. Call us at (270) 684-3237.

The IRS has released its 2026–2027 per diem rates for certain business travel expenses, effective Oct. 1, 2026. Under th...
10/30/2026

The IRS has released its 2026–2027 per diem rates for certain business travel expenses, effective Oct. 1, 2026. Under the high-low substantiation method, the rate for lodging, meals and incidental expenses for travel to high-cost localities within the continental United States (CONUS) rises to $329 per day, from $319. The rate for other CONUS localities rises to $230, from $225. The portion attributable to meals remains $86 for high-cost areas and $74 for other areas. The incidental-expenses-only rate remains $5. Employers can pay more than the IRS per diem rates, but excess amounts generally must be substantiated or treated as taxable wages. Contact us at (270) 684-3237 to learn about all your options for substantiating business travel expenses.

Estate tax laws are complex, and failing to plan could mean leaving your loved ones with less than what you’d expected. ...
10/28/2026

Estate tax laws are complex, and failing to plan could mean leaving your loved ones with less than what you’d expected. Now is the time to take action by reviewing your estate plan, updating beneficiary designations, and exploring strategies such as gifting or establishing trusts that may help minimize tax exposure. Every situation is unique, and the right approach depends on your family’s needs, assets and long-term goals. Contact us at (270) 684-3237 for assistance structuring your estate in a tax-efficient way.

How much should you budget for retirement expenses? One common guideline says 60% to 70% of your current income. Some ex...
10/27/2026

How much should you budget for retirement expenses? One common guideline says 60% to 70% of your current income. Some expenses might decrease or disappear (commuting costs, mortgage payments), while others are likely to increase (health care, property taxes). Specificity, not to mention incorporating inflation into your calculation, is important. We can help — call us at (270) 684-3237.

It’s the fourth quarter, small business owners. That means, just like in a football game, you have limited time to make ...
10/26/2026

It’s the fourth quarter, small business owners. That means, just like in a football game, you have limited time to make winning moves — in this case, to lower your taxes for 2026. Many year-end strategies require time to evaluate, implement and document properly. Waiting until the last minute may leave you with little choice but to punt and hope for the best. The sooner you begin planning, the more options you may have in your tax-saving playbook. Call us at (270) 684-3237 to huddle up and discuss a game plan tailored to your business.

Cryptocurrency holders: Be alert for a new IRS impersonation scam. Fraudsters are mailing fake IRS letters directing rec...
10/23/2026

Cryptocurrency holders: Be alert for a new IRS impersonation scam. Fraudsters are mailing fake IRS letters directing recipients to a bogus “Digital Asset Compliance Portal.” The letters instruct recipients to scan a QR code that leads to a fraudulent website designed to look like IRS.gov. The site may ask for personal information, cryptocurrency wallet details, or exchange account credentials that criminals can use to steal identities or digital assets. If you receive one of these letters, don’t respond. Report any suspicious communication to the IRS immediately. If you have questions about an IRS notice or digital asset reporting, we’re here to help. Contact us at (270) 684-3237.

Simple mistakes can prevent you from reaching retirement goals. The biggest error is not saving enough. If you expect to...
10/21/2026

Simple mistakes can prevent you from reaching retirement goals. The biggest error is not saving enough. If you expect to maintain your current lifestyle in retirement — which could last three decades or more — you’ll need to accumulate a surprisingly large sum. We can help set up a savings plan you’ll stick to. Call us at (270) 684-3237.

A well-defined compensation philosophy can do a lot for your business. It may help attract job candidates, retain employ...
10/20/2026

A well-defined compensation philosophy can do a lot for your business. It may help attract job candidates, retain employees and control payroll costs. Although competitive pay is important, employees consider your full compensation package. This includes bonuses and other performance incentives, benefits and perks, professional development opportunities, and flexible work arrangements. Contact us at (270) 684-3237 for guidance on developing a well-rounded strategy that’s aligned with your business goals, workforce needs and budget.

Do you donate thousands of dollars to charity each year? Do you miss out on the itemized charitable deduction because yo...
10/19/2026

Do you donate thousands of dollars to charity each year? Do you miss out on the itemized charitable deduction because you don’t have enough total itemized deductions to exceed your standard deduction? Consider “bunching” most of your donations into alternating years. By combining two years of gifts into one year, you may push your itemized deductions above your standard deduction and get a greater tax benefit from your charitable giving — even with the new deduction for nonitemizers starting in 2026. Contact us at (270) 684-3237 for help determining if you can benefit from this strategy.

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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