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.

Friday, December 30, 2022

When A Tax Audit Is Not An Audit

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  I am cleaning-up files here at Galactic Command. I saw an e-mail from earlier this year chastising someone for running business deposits t...
Tuesday, December 27, 2022

No Deduction For African Sculpture

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  You can anticipate the final decision when you read the following sentence: One does not need to be a tax expert to open his eyes and re...
Sunday, December 11, 2022

A House And A Specialized Trust

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I saw a QPRT here at Galactic Command recently, It had been a while. These things are not as common in a low interest rate environment. ...
Tuesday, December 6, 2022

How A Drug Dealer Then Affects Marijuana Taxation Today

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  I spent substantial time last week reviewing and researching issues related to the marijuana industry. There is one Code section – Section...
Saturday, November 26, 2022

Keeping Records For More Than Three Years

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  How long should you keep tax records? We have heard that one should keep records for at least three years, as the IRS has three years to...
Thursday, November 24, 2022

Happy Thanksgiving

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Saturday, November 19, 2022

Can A Severance Be A Gift?

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I am looking at a case wondering why a tax practitioner would take it to Tax Court. Then I noticed that it is a pro se case. We have tal...
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Cincinnati Tax Guy
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