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.
We welcome the opportunity to serve you!
Under current federal income tax rules, so-called personal interest expense generally can’t be deducted. One big exception is qualified residence interest or home mortgage interest, which can be deducted, subject to some limitations, if you itemize deductions on your tax…
The One Big Beautiful Bill Act (OBBBA) includes a number of beneficial changes that will help small business taxpayers. Perhaps the biggest and best changes are liberalized rules for depreciating business assets. Here’s what you need to know. 100% bonus…
As 2025 began, individual taxpayers faced uncertainty with several key provisions of the tax law that were set to expire at the end of the year. That changed on July 4, when President Trump signed the One, Big, Beautiful Bill…
