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 income. Show all posts
Showing posts with label income. Show all posts
Sunday, September 14, 2025

A Paycheck As A Treasure Trove

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  I am looking at a case where the taxpayer was using Cesarini to argue her position. COMMENT: Cesarini is one of my favorite tax decision...
Monday, May 26, 2025

Loan Warehousing And The Claim of Right

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  Tax returns are generally filed in one-year increments. That raises an accounting question: what if the transaction being accounted for ...
Monday, May 12, 2025

Recurring Proposal For Estate Beneficiary’s Basis In An Asset

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There is an ongoing proposal in estate taxation to require the use of carryover basis by an inheriting beneficiary. I am not a fan. Ther...
Monday, January 27, 2025

File A Return, Especially If You Have Carryovers

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  Please file a tax return when you have significant carryovers. Let’s look at the Mosley case. In 2003 Sonji Mosley bought four reside...
Monday, January 6, 2025

Section 643 and MSTs

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  I came across the following recently on LinkedIn:   The line of tax code that 99% of CPAs can’t understand for some reason. And bec...
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