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, March 9, 2025

Shoplifting And Sales Tax

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  I was recently surprised by a question. It has to do with use tax, and it is not the most riveting issue – even for a tax CPA. But it ...
Saturday, February 22, 2025

Electronic Signatures And The Tax Court

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I had a moment of dual disbelief and laughter. At the expense of the IRS and the Tax Court. Electronic records, cloud computing and work...
Saturday, February 8, 2025

A Call From Chuck

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I was speaking with a client this week. He told me that he recently retired and his financial advisor recommended he discuss a matter with m...
Monday, January 27, 2025

File A Return, Especially If You Have Carryovers

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  Please file a tax return when you have significant carryovers. Let’s look at the Mosley case. In 2003 Sonji Mosley bought four reside...
Sunday, January 19, 2025

Is This Reasonable?

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  I have long maintained that the IRS is unreasonable by repeatedly disallowing reasonable cause exception to its numerous penalties. Their ...
Monday, January 13, 2025

Government Forces Sale to Cover Partner’s Tax Debt

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  I was reading a case recently that bothered me. It involves something that – fortunately – I rarely see in practice. Here is the Code se...
Monday, January 6, 2025

Section 643 and MSTs

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  I came across the following recently on LinkedIn:   The line of tax code that 99% of CPAs can’t understand for some reason. And bec...
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Cincinnati Tax Guy
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