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.

Monday, March 25, 2019

Captain Eddie’s Firefly

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The case starts with: Edward G Kurdziel is the only man in America licensed to fly a Fairey Firefly. He is also the only man in America ...
Sunday, March 17, 2019

No Harm No Foul? Fuhgeddaboudit!

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I am looking at a case involving whether a penalty requires a supervisor’s approval before being imposed. It is dry stuff. The res...
Sunday, March 10, 2019

The IRS Tests Deductibility Of Business Interest

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You may be aware that the new tax law changed the deductibility of your mortgage interest. It used to be that you could borrow and deduct ...
Sunday, March 3, 2019

Downside To A Tax Election

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Many tax professionals believe that computerization has led to increasing complexity in the tax Code. If one had to prepare returns by han...
Sunday, February 24, 2019

UberEats and Employer-Provided Lunches

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It is 50 pages long. This is not the time of year for me to read this in detail. I am referring to an IRS Technical Advice Memorandum....
Sunday, February 17, 2019

IRS Individual Tax Payment Plans

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I anticipate a question about an IRS payment plan this tax season. It almost always comes up, so I review payment options every year. It o...
Sunday, February 10, 2019

Do You File An Accurate Return Or A Timely Return?

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I have alerted the staff here at CTG command center that I prefer and expect to file all business returns, especially passthrough returns,...
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Cincinnati Tax Guy
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