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 foreclose. Show all posts
Showing posts with label foreclose. Show all posts
Sunday, March 8, 2020

Taxpayer Fail On Discharging Taxes Through Bankruptcy

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I have an IRS notice sitting on my desk. I meant to call the IRS about it on Friday, but it got away from me. I will call on Monday. I...
Sunday, July 15, 2018

A Bank Of America Horror Story

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A major corporation hounds you almost to the point of death. You sue. You receive a settlement. Is it taxable? Like so much of tax law...
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...
Saturday, November 12, 2016

You Got Repossessed And The Bank Says You Have HOW MUCH Income?

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I ran into a cancellation-of-debt issue recently. You may know that – should the bank or finance company cancel or agree to reduce yo...
Thursday, November 19, 2015

The Income Awakens

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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...
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Cincinnati Tax Guy
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