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 neglect. Show all posts
Showing posts with label neglect. Show all posts
Monday, May 5, 2025

Penalties For Cash Reporting Failures

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  It would be a vast understatement to say that the plucky Rebellion had software issues this busy season. We saw (some of) it coming … gi...
Sunday, March 12, 2023

Self-Sabotaging A Penalty Abatement

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  The opinion is two and a half pages. It is one of the shortest opinions I have seen. That was – frankly – what caught my interest. Fra...
Sunday, September 18, 2022

No Penalty Abatement When Taxes Not Paid For Years

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  I am looking at a case where the taxpayers wanted penalty abatement for reasonable cause. I have been cynical for years about the IRS al...
Sunday, September 3, 2017

When Your Employer Bungles Your Retirement Plan Loan

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I admit that I am not a fan of borrowing from an employer retirement plan, except perhaps as a next-to-last step before being evicted. ...
Friday, August 26, 2016

What Does It Take To Get Reasonable Cause Around Here?

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My partner has a difficult IRS penalty issue. He expects a client to be penalized for more than one year. This complicates how we h...
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Cincinnati Tax Guy
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