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, May 30, 2022

Reorganizing A Passive Activity

I am looking at a case that stacks a couple of different tax rules atop another and then asks: are we there yet? Let’s talk about it. ...

Monday, May 23, 2022

The IRS Caught Dumping A Collection Case

Let’s look at a taxpayer win on an issue not known for taxpayer wins. Thomas Hamilton was an attorney and Edith Hamilton was a chaplain. T...

Saturday, May 14, 2022

Company’s Tuition Payment Was Not Deductible

Let me give you a fact pattern and you tell me whether there is a tax deduction. · You own a company. · A young man is dat...

Sunday, May 8, 2022

Part Time Bookkeeper, Big Time Penalty

We filed another petition with the Tax Court this week. For a client new to the firm. Much of this unfortunately was ICDIM: I can do i...

Saturday, April 30, 2022

Basis Basics

I am looking at a case involving a basis limitation. Earlier today I accepted a meeting invite with a new (at least to me) client who may ...

Saturday, April 23, 2022

A Model Home As A Business

What does a tax CPA do a few days after the filing deadline? This one is reviewing a 17-page Tax Court case. Yes, I would rather be wa...

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Cincinnati Tax Guy

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