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 depreciate. Show all posts
Showing posts with label depreciate. Show all posts
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, March 25, 2018

Researching For Deductions

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I was skimming a Tax Court case that almost made me laugh out loud. It initially caught my attention because it involved a deduction f...
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, April 29, 2017

When Is A Car Not A Car?

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I had a conversation today with someone who wanted to understand the “tax side” of a series of transactions. More specifically, transaction...
Friday, January 2, 2015

If I Had A Pony, I Would Ride It On My (Tug) Boat

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If you have a business, and especially if that business has real estate, odds are very good that your tax advisor will talk to you abou...
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Cincinnati Tax Guy
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