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, May 26, 2025

Loan Warehousing And The Claim of Right

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  Tax returns are generally filed in one-year increments. That raises an accounting question: what if the transaction being accounted for ...
Monday, May 12, 2025

Recurring Proposal For Estate Beneficiary’s Basis In An Asset

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There is an ongoing proposal in estate taxation to require the use of carryover basis by an inheriting beneficiary. I am not a fan. Ther...
Monday, May 5, 2025

Penalties For Cash Reporting Failures

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  It would be a vast understatement to say that the plucky Rebellion had software issues this busy season. We saw (some of) it coming … gi...
Sunday, April 27, 2025

The Importance of Marking A Return As “Final”

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I have worked tax controversy for many years now. I have seen the system work well; I have seen the system work poorly. I would say – with s...
Sunday, April 20, 2025

Valuing a Questionable Business

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  Starting with a 46-page case soon after finishing tax season may not have been my best idea. Still, the case is a hoot. Here is the Co...
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 ...
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