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, June 27, 2021

IRS Rejects A Religious Organization’s Tax-Exempt Application

We have a nonprofit application for exempt status that has gone off the rails. The reviewing (IRS) officer wanted them, for example, ...

Sunday, June 20, 2021

Downside Of Not Issuing 1099s

Let’s be honest: no one likes 1099s. I get it. The government has conscripted us – business owners and their advisors – into unpaid volunt...

Saturday, June 12, 2021

Literacy And Tax Penalties

I am looking at a Tax Court case. It does not break any new ground, but there is a twist I do not remember seeing before. Michael Torres...

Saturday, June 5, 2021

A CPA’s Signature And The Informal Claim Doctrine

I am looking at case where the CPA signed a return on behalf of a client. Been there and done that. There is a hard-and-fast rule when...

Sunday, May 30, 2021

Talking Tax Levies

I don’t see it very often. I am referring to an IRS bank levy. However, when it happens it can be disrupting. Let’s distinguish betwee...

Sunday, May 23, 2021

Sell Today And Pay Tax in Thirty Years

Sometimes I am amazed to the extent people will go to minimize, defer or avoid taxes altogether. I get it, though. When that alarm clocks ...

Sunday, May 16, 2021

You Have To Look At Your Return

I am looking at a case that covers relatively well-trod ground. It did however remind me of a client from around 20 years ago. I got a diffe...

View web version

About Me

Cincinnati Tax Guy

View my complete profile

Powered by Blogger.