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, January 30, 2023

Donating Cryptocurrency

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  I was reading something recently, and it reminded me how muddled our tax Code is. Let’s talk about cryptocurrency. I know that there is ...
Tuesday, January 24, 2023

A Ghost Preparer Story

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  I came across a ghost preparer last week. I rarely see that. A ghost preparer is someone who prepares a tax return for compensation (m...
Sunday, January 15, 2023

A Good Hire Can Help Prove You Are Serious About A Business

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If you have gig, there is a presumption in the Code that it will be profitable. Mind you, it may not be profitable every year. Not even Fo...
Monday, January 9, 2023

A 1099 Reporting Rule Is Delayed

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  You may have heard that the IRS recently delayed a 1099 reporting rule that was going to otherwise affect a lot of people this filing seas...
Sunday, January 1, 2023

Happy New Year

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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...
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