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.

Friday, July 28, 2017

RERI-ng Its Ugly Head - Part One

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Here is the Court: The action involves RERI Holdings I, LLC (RERI). On its 2003 income tax return RERI reported a charitable contribution...
Saturday, July 22, 2017

Lawless In Seattle

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Did you hear that Seattle has a new income tax? Sort of. Eventually. But maybe not. The tax rate is 2.25 percent and will tag you i...
Sunday, July 16, 2017

Is Paying Cards A Sport?

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What is a sport? You and I have probably encountered that shiny-sparkly when discussing NASCAR. But can it have a tax angle? ...
Friday, July 7, 2017

Hockey Team Meals And Fairy Dust

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Let’s say that you own a professional hockey team. What is your biggest expense? Your players, I would think. You train them, c...
Friday, June 30, 2017

Issuing 1099s In Anger

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Several years ago, I received an angry call from another CPA. He had lost a couple of key partners, to which he responded with an alm...
Sunday, June 25, 2017

How Do You Really Know If You Filed A Tax Return?

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Here is what caught my attention: The Internal Revenue Service … determined a deficiency of $541,552 in petitioner’s 2012 Federal incom...
Friday, June 16, 2017

Bill And The Gig Economy

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I am inclined to title this post “Bill.” I have known Bill for years. He lost his W-2 job and has made up for it by taking one or two (...
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