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 substantial. Show all posts
Showing posts with label substantial. Show all posts
Monday, February 23, 2026

Failing To Update A Plan Beneficiary Designation

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  Technically it is not a tax case, but it is so tax-adjacent it might as well be. Let’s talk about beneficiaries on a retirement accoun...
Sunday, August 18, 2024

Renting Real Estate And Self-Employment Tax

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  I was looking at a tax return recently. There was an issue there that I did not immediately recognize. Let’s go over it. The client is...
Monday, May 29, 2023

Substantially Disclosing A Gift To The IRS

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Take a look at this memorable prose:          Sec 6501(c) (9) Gift tax on certain gifts not shown on return. If any gift of property the...
Sunday, March 27, 2022

Can $2 Million Be An Honest Mistake?

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  It is a good idea to look over your tax return before hitting the “Send” button. Why? Because things happen. Some prep software approxim...
Saturday, February 2, 2019

A Rant On IRS Penalties

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I am reading that the number one most-litigated tax issue is the accuracy-related penalty, and it has been so for the last four years. ...
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