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, January 28, 2024

Using A Fancy Trust Without An Advisor

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  I am a fan of charitable remainder trusts. These are (sometimes) also referred to as split interest trusts. What is an interest in a tru...
Monday, January 22, 2024

Common Law Versus Statutory Employee

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  I am looking at a case concerning employee status and payroll taxes. I see nothing remarkable, except for one question: why did the IRS ...
Sunday, January 7, 2024

Ohtani’s New Baseball Contract

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I was reading about Shohei Ohtani’s new contract with the Las Angeles Dodgers. If the name rings a bell, that is because he both bats and pi...
Monday, December 25, 2023

Merry Christmas

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Saturday, December 23, 2023

Notice(s) Of Intent To Seize And Levy

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  I received the following notice under power of attorney for a client.    Another accountant at Galactic Command works with the client. I a...
Sunday, December 17, 2023

90 Days Means 90 Days

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Let’s return to an IRS notice we have discussed in the past: the 90-Day letter or Notice of Deficiency. It is commonly referred to as a “NOD...
Sunday, December 10, 2023

A Ponzi Scheme And Filing Late

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I am reading a case involving a late tax return, a Ponzi scheme, and an IRS push for penalties. It made me think of this form: It is used ...
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Cincinnati Tax Guy
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