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 exclusion. Show all posts
Showing posts with label exclusion. Show all posts
Monday, July 21, 2025

A Skeleton Return And Portability

›
  The amount for 2025 is $13.99 million. This is the lifetime exclusion amount for combined gift and estate taxes. You can give away or di...
Sunday, May 19, 2024

Income And Cancellation of Indebtedness

›
  I am reading a case about cancellation of indebtedness income.   Let’s take a moment to discuss the concept of income in the tax Code.  ...
Saturday, August 6, 2022

Checks Not Cashed In Time Includible In Taxable Estate

›
  Let’s talk about an issue concerning gifts. We are not talking about contributions – such as to a charity - mind you. We are talking gif...
Sunday, May 7, 2017

The Foreign Income Exclusion When You Leave Mid-Year

›
We have a client who worked as a contractor in Afghanistan last year. Let’s talk foreign income exclusion. There are ropes. ...
Thursday, February 2, 2017

Marty McFly and Future Interests In A Trust

›
Let’s talk about gift taxes. Someone: What is an annual gift tax exclusion? Me: The tax law allows you to gift any person on the pl...
Thursday, November 19, 2015

The Income Awakens

›
Despite the chatter of politicians, we are not soon filing income taxes on the back of a postcard. A major reason is the calculation o...
›
Home
View web version

About Me

Cincinnati Tax Guy
View my complete profile
Powered by Blogger.