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 convert. Show all posts
Showing posts with label convert. Show all posts
Monday, May 12, 2025

Recurring Proposal For Estate Beneficiary’s Basis In An Asset

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There is an ongoing proposal in estate taxation to require the use of carryover basis by an inheriting beneficiary. I am not a fan. Ther...
Sunday, July 1, 2018

TurboTax and Penalties

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I am looking at a case that deals with recourse and nonrecourse debt. Normally I expect to find a partnership with multiple pages of r...
Sunday, January 28, 2018

Roth IRA Recharacterizations Are Going Away

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You may have heard that there has been a tax change in the land of Roth IRAs. It is true, and the change concerns recharacterizations. ...
Monday, October 12, 2015

Using a 401(k) to Supercharge a Roth

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Let’s talk this time about a tax trick that may be available to you if you participate in a 401(k). The reason for the “may” is that – ...
Friday, June 12, 2015

Is It A Second Home Or A Rental?

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There are certain tax issues that seem to repeat in practice. A client asked me how we handled his rental this year.   The answer w...
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Cincinnati Tax Guy
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