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 day. Show all posts
Showing posts with label day. Show all posts
Sunday, October 22, 2023

Sonny Corleone’s IRA

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I remember him as Sonny Corleone in The Godfather. He is James Caan, and he passed away in July 2022. I am reading a Tax Court case involv...
Monday, June 26, 2023

Failing To Take A Paycheck

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I am looking at a case involving numerous issues. The one that caught my attention was imputed wage income from a controlled company in the ...
Sunday, July 18, 2021

A Day Trader and Wash Losses

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  We have had a difficult time with the tax return of someone who dove into the deep end of the day-trading pool last year. The year-end Fid...
Sunday, September 8, 2019

Dog The Bounty Hunter And The IRS

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The IRS has a form just to inform them that you moved. Many, many years ago I was asked why this form existed, as the IRS would automa...
Saturday, November 11, 2017

Can You Depreciate a Battle Axe?

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Mr. and Mrs. Eotvos (Eotvos) ran a day care out of their house. There are special tax rules for a day care provider. (1) For exa...
Saturday, August 26, 2017

It’s A Trap

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Let’s talk about an IRS trap. It has to do with procedure. Let’s say that the you start receiving notices from the IRS. You ignor...
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Cincinnati Tax Guy
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