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, November 24, 2017

When The IRS Says Loan Repayments Are Taxable Wages

›
Here is a common-enough fact pattern: (1) You have a company. (2) You loan the company money. (3) The company has an unprofita...
Saturday, November 18, 2017

When The IRS Does Not Believe You Filed An Extension

›
I have a certain amount of concern whenever we approach a major due date. Let’s use your personal tax return as an example. It is due on ...
Saturday, November 11, 2017

Can You Depreciate a Battle Axe?

›
Mr. and Mrs. Eotvos (Eotvos) ran a day care out of their house. There are special tax rules for a day care provider. (1) For exa...
Saturday, November 4, 2017

Owing A Million Dollar Penalty

›
What caught my attention was the size of the penalty. The story involves Letantia Russell, a dermatologist from California who has been...
Tuesday, October 31, 2017

An Update Concerning the Blog

›
CTG has not been posting recently due to a death in the family. CTG is hoping to resume posting next week.
Sunday, October 8, 2017

Can The IRS Reduce Your Refund for Other Debt?

›
You file a tax return showing tax due (before withholdings) of $503. You have withholdings of $1,214. You therefore have a refund o...
Monday, October 2, 2017

Is It Income If You Pay It Back?

›
You receive unemployment benefits. You repay unemployment benefits. Do you have taxable income? To start with: did you know tha...
‹
›
Home
View web version

About Me

Cincinnati Tax Guy
View my complete profile
Powered by Blogger.