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.

Sunday, April 28, 2019

Keeping A Corporation Alive

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Recently I received a call from a client requesting that certain records be sent to an attorney as soon as possible, hopefully before noon...
Sunday, April 21, 2019

Converting A Residence To A Rental

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I have a client who owns a very nice house. Too nice, in fact, at least for its neighborhood. My client used to have a contracting busines...
Sunday, April 7, 2019

You Inherit. Can You Owe Estate Tax?

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I came across an estate tax lien case the other day. It has become unlikely that one will owe estate tax, as the lifetime exclusion ha...
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...
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Cincinnati Tax Guy
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