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 recourse. Show all posts
Showing posts with label recourse. Show all posts
Sunday, May 19, 2024

Income And Cancellation of Indebtedness

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  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.  ...
Sunday, January 31, 2021

Abandoning A Partnership Interest

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I suspect that most taxpayers know that there is a difference between long-term capital gains and ordinary income. Long-term capital gains r...
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Cincinnati Tax Guy
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