Abner & Cox, PLLC is an established accounting firm located in London, Kentucky. The Firm is a successor to the practice started by Mr. Fred Christian in the 1950’s and provides a full range of audit, accounting, income tax, and business consulting services to a wide variety of clients.
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Some people who begin claiming Social Security benefits are surprised to find out they’re taxed by the federal government on the amounts they receive. If you’re wondering whether you’ll be taxed on your Social Security benefits, the answer is: It…
The downturn in the stock market may have caused the value of your retirement account to decrease. But if you have a traditional IRA, this decline may provide a valuable opportunity: It may allow you to convert your traditional IRA…
Taking care of an elderly parent or grandparent may provide more than just personal satisfaction. You could also be eligible for tax breaks. Here’s a rundown of some of them. Medical expenses. If the individual qualifies as your “medical dependent,”…