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 wealth. Show all posts
Showing posts with label wealth. 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, May 5, 2024

Spotting The Skip Tax - Part One

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I was reviewing something this week we may not have discussed before. Mind you, there is a reason we haven’t: it is a high-rent problem, not...
Sunday, February 18, 2024

The Consistent Basis Rule

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  I was talking to two brothers last week who are in a partnership with their two sisters. The partnership in turn owns undeveloped land, wh...
Sunday, November 7, 2021

Income, Clearly Realized

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  What is income? Believe it or not, there is a line of cases over decades developing the tax concept of income. Some instances are clea...
Thursday, December 19, 2013

The Taxation of a Bitcoin

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It wasn’t too long ago I was speaking with a friend who has a high-level position in the financial industry. The conversation included ...
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