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 forgive. Show all posts
Showing posts with label forgive. Show all posts
Sunday, May 10, 2020

Deducting Expenses Paid With Paycheck Protection Loans

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There was a case in 1931 that is influencing a public controversy today. Let’s talk about it. The taxpayer (Slayton) was in the bu...
Sunday, March 29, 2020

SBA Paycheck Protection Program

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The last couple of weeks here at Command Center have been … unprecedented. We have sent employees home, although we have not let anyon...
Friday, August 5, 2016

Can You Have Cancellation Of Debt Income If You Are Still Paying On The Debt?

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Harold is a native Hawaiian. He has worked in the telecommunications industry for more than 40 years. In 1996 he founded Summit Communicati...
Friday, August 21, 2015

Difference Between An Advance And A Loan

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Do you remember when the Washington Redskins and the Miami Dolphins went to the Super Bowl? It was 1983, and I was living in Florida at...
Friday, June 19, 2015

A Representative’s Tax Proposal for Credit Card Debt Forgivenesss

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I am reading that Representative Scott Peters (D-CA) has proposed a change to the tax Code allowing forgiveness of credit card balances...
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