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, February 26, 2023

Navigating The Tax Code On Your Own

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  I received a phone call recently from the married daughter of a client. I spoke with the couple – mostly the son-in-law – about needing an...
Sunday, February 19, 2023

A Brief History of Limited Partner Self-Employment Tax

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  There is a case going through the courts that caught my eye. It has to do with limited liability companies (LLCs). More specifically, it...
Monday, February 6, 2023

You Must Give The IRS Time

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I understand the court’s decision, but I suspect the most interesting part is how this case even got to court. The issue is almost prosaic...
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...
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