Planning for year-end gifts with the gift tax annual exclusion

As we approach the holidays and the end of the year, many people may want to make gifts of cash or stock to their loved ones. By properly...

Scholarships are usually tax free but they may result in taxable income

If your child is fortunate enough to be awarded a scholarship, you may wonder about the tax implications. Fortunately, scholarships (and...

Are you a nonworking spouse? You may still be able to contribute to an IRA

Married couples may not be able to save as much as they need for retirement when one spouse doesn’t work outside the home — perhaps so...

5 ways to take action on accounts receivable

No matter the size or shape of a business, one really can’t overstate the importance of sound accounts receivable policies and...

Bruce & Company P.S.C. is an accounting and financial consulting firm in Madisonville, Kentucky. Bruce & Company proudly serves Evansville, Owensboro, Hopkinsville, Madisonville, Hopkins County, Kentucky, and across the United States. Search for certified public accountant near me. At Bruce & Company, we offer tax compliance and consulting, quality auditing and assurance services, audits of employee benefit plans and options, payroll processing, Quickbooks consulting, personal financial planning, and general accounting services.