Cincinnati Tax Guy

Steve Hamilton is a Tampa native and a graduate of the University of South Florida and the University of Missouri. He now lives in northern Kentucky. A career CPA, Steve has extensive experience involving all aspects of tax practice, including sophisticated income tax planning and handling of tax controversy matters for closely-held businesses and high-income individuals.

Showing posts with label C. Show all posts
Showing posts with label C. Show all posts
Sunday, June 15, 2025

Use Of Wrong Form Costs A Tax Refund

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Let’s talk about the following Regulation: 26 CFR § 301.6402-2 Claims for credit or refund (b)  Grounds set forth in claim. (1) No r...
Sunday, September 17, 2023

Unforced Error on Short Stop

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  I am reading a case concerning interest expense. While I have seen similar accounting, I do not recall seeing it done as aggressively. L...
Sunday, September 26, 2021

Section 1202 Stock And A House Tax Proposal

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I am not a fan of fickleness and caprice in the tax law. I am seeing a tax proposal in the House Ways and Means Committee that represents ...
Sunday, May 9, 2021

IRS Challenges Rent In A Small Town

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Let’s look at a case involving rent. What sets this up is a C corporation in Montana. A C corporation means that it pays its own tax. Co...
Sunday, August 5, 2018

Making A Comeback: Section 1202 Stock

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We are going tax-geek for this post. Let’s blame Daryl, a financial advisor with Wells Fargo. He has been studying and asking about a ...
Saturday, May 13, 2017

The Qualified Small Business Stock Exemption

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Let’s say that you are going to start your own company. You talk to me about different ways to organize: (1) Sole proprietor – you wak...
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