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, September 26, 2021

Section 1202 Stock And A House Tax Proposal

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I am not a fan of fickleness and caprice in the tax law. I am seeing a tax proposal in the House Ways and Means Committee that represents ...
Sunday, September 19, 2021

Receiving An IRS Lock-In Letter

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  A client recently picked up his personal tax return. He asked to see me. There was tax due with the return. I thought he had adjusted hi...
Monday, September 6, 2021

Becoming Personally Liable For An Estate’s Taxes

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  I had lunch with a friend recently. He is executor for an estate and was telling me about some … questionable third-party behavior and doc...
Sunday, August 29, 2021

Abusing A Tax-Exempt

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I am looking at a tax-exempt case that went off the rails. There are rules in the tax-exempt area to encourage one to keep their nose clea...
Sunday, August 15, 2021

"I Never Heard Of The Alternative Minimum Tax"

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  I am looking at a case that involves the alternative minimum tax. While it still exists, much of the steam has thankfully been taken out...
Sunday, August 8, 2021

Wiping Out An Inherited IRA

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I came across an unfortunate tax situation this week. It has to do with IRAs and trusts. More specifically, naming a trust as a benefici...
Sunday, August 1, 2021

Taxation of Olympic Winnings

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The summer Olympics are going on in Tokyo. I have watched little of the competitions. As I have gotten older, I watch less and less televisi...
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Cincinnati Tax Guy
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