2017 Articles

    TOPICS:

    All articles written by Robert W. Wood (unless otherwise noted)

     

     

    TAXATION OF DAMAGE AWARDS

     

    Monster McKelvey Estate Tax Case and Litigation Finance, by Robert W. Wood and Donald P. Board, Vol. 156, No. 10, Tax Notes (September 4, 2017), p. 1299.

    Dollars and Sense, Vol. 80, No. 7, Texas Bar Journal, State Bar of Texas (July 2017), p. 432.

    Exploring Contingent Fee Tax Advice, by Robert W. Wood and Donald P. Board, Vol. 155, No. 8, Tax Notes (June 12, 2017), p. 1617.

    Tax Write-Offs For Government Settlements Could Be Restricted, Forbes.com (May 17, 2017).

    Contingent Fee Tax Advice: IRS Allows Some, Not All, Forbes.com (May 10, 2017).

    United Settles With Passenger Dragged Off Plane, But Can IRS Tax It?, Forbes.com (April 28, 2017).

    Will the IRS and Tax Court Restrict Tax Deductions for Legal Fees?, Vol. 155, No. 2, Tax Notes (April 10, 2017), p. 245.

    Trump University Settlement Nets $25M Write-Off For Trump, Taxes For Students, Forbes.com (April 3, 2017).

    Ten Rules Every Lawyer — and Client — Should Know about Taxes on Legal Settlements, Business Law Today, American Bar Association (April 2017).

    Three Tax Tips For Every Lawyer, Texas Bar Blog, State Bar of Texas (March 27, 2017).

    How Legal Settlements And Judgments Are Taxed, Issue 1, Business Law News, State Bar of California (2017), p. 21.

    President Obama and Damages for PTSD, Vol. 154, No. 10, Tax Notes (March 6, 2017), p. 1297.

    President Obama Was Right, PTSD Is Physical, Forbes.com (February 24, 2017).

    Tax Rules for Settlements and Judgments, California Lawyer (February 7, 2017).

    10 Tax Rules All Lawyers and Clients Should Know, Vol. 154, No. 6, Tax Notes (February 6, 2017), p. 755.

    Don't Forget About Tax Issues When Mediating, California Lawyer (February 1, 2017).

    What Lawyers Should Know about Taxes, Constructive Receipt, and Structured Fees, Business Law Today, American Bar Association (February 2017).

    Are Insurance Bad Faith Recoveries Taxable?, Vol. 56, No. 6, Arizona Attorney Magazine, State Bar of Arizona (February 2017), p. 26.

    Tax Indemnity Provisions: Important Considerations for Clients, Vol. 71, No. 1, NWLawyer, Washington State Bar Association (February 2017), p. 42.

     

     

     

    INDEPENDENT CONTRACTOR STATUS

     

    Even Lawyers Face Independent Contractor - Employee Disputes, Forbes.com (June 22, 2017).

    Determining the True Status of Independent Contractors, California Lawyer (March 17, 2017).

     

     

     

    MISCELLANEOUS

     

    Tax Evader Who Fled U.S. Gets 7 Years In Prison, Forbes.com (October 18, 2017).

    Lessons From Dentist's Tax Evasion: Cover-Up Is Worse Than Crime, Forbes.com (October 17, 2017).

    Forest Whitaker Loses Tax Case, Provides IRS Handling Tips, Forbes.com (October 10, 2017).

    False IRS Tax Returns — Personal Or Business — Can Mean Prison, Forbes.com (October 9, 2017).

    Qualified Plan Tax Opinions in Lieu of Determination Letters, Vol. 157, No. 2, Tax Notes (October 9, 2017), p. 275.

    Catholic Priest Gets Prison For Tax Evasion: Don't Lie To IRS, Forbes.com (October 4, 2017).

    How Long Can The IRS Audit?, Vol. 54, No. 2, Arizona Attorney Magazine, State Bar of Arizona (October 2017), p. 34.

    Trump Republican Tax Plan's 10 Key Cuts, Forbes.com (September 28, 2017).

    Here's How IRS Taxes Severance Pay, Forbes.com (September 27, 2017).

    When IRS Can Collect Taxes From You Owed By Someone Else, Forbes.com (September 25, 2017).

    IRS Could Tax Loans Of Bitcoin, Other Cryptocurrencies, Forbes.com (September 21, 2017).

    Bitcoin, Virtual Currency Deals Under $600 Could Become Tax Exempt, Forbes.com (September 8, 2017).

    California’s 13.3 Percent Tax Rate Can Encourage Wanderlust, Los Angeles Daily Journal (September 7, 2017), p. 7. Simultaneously published in San Francisco Daily Journal (September 7, 2017), p. 7.

    Hiding Assets To Thwart IRS Tax Collection Can Be Criminal, Forbes.com (September 5, 2017).

    Why Are Americans Renouncing Citizenship?, The World Financial Review (August - September 2017), p. 74.

    What Europe’s Big Soccer Tax Evasion Cases Should Teach All Taxpayers, The European Financial Review (August - September 2017), p. 61.

    California's 13.3% Tax On Capital Gains Inspires Move Then Sell Tactics, Forbes.com (August 31, 2017).

    IRS Software Trolls For Bitcoin Users And Then Matches To Taxes, Los Angeles Daily Journal (August 30, 2017), p. 5. Simultaneously published in San Francisco Daily Journal (August 30, 2017), p. 5.

    Estate Tax Repeal Is Not Just For Morons, Forbes.com (August 30, 2017).

    Trump Tax Cut Cheat Sheet, Los Angeles Daily Journal (August 25, 2017), p. 7. Simultaneously published in San Francisco Daily Journal (August 25, 2017), p. 7.

    IRS Hunts Bitcoin User Identities With Software In Tax Enforcement Push, Forbes.com (August 24, 2017).

    Do You Even Know What A Write-Off Is?, Daily Journal Verdicts & Settlements (August 18, 2017), p. 4.

    Mayweather Got His Tax Lien Released, But Will You?, Los Angeles Daily Journal (August 17, 2017), p. 5. Simultaneously published in San Francisco Daily Journal (August 17, 2017), p. 5.

    How Not To Deal With IRS? Just Ask DMX, Daily Journal Verdicts & Settlements (August 11, 2017), p. 4.

    Big IRS Debt Can Mean Losing Passport, Here's How to Keep Yours, Forbes.com (August 10, 2017).

    IRS Audits, Tax Bills, Liens & Levies Can All Bring Grief, Forbes.com (August 8, 2017).

    Practice Tips for Tax Advisers, Vol. 156, No. 6, Tax Notes (August 7, 2017), p. 755.

    More Criminal Payroll Cases Coming, Los Angeles Daily Journal (August 7, 2017), p. 6. Simultaneously published in San Francisco Daily Journal (August 7, 2017), p. 6.

    Long List Of Americans Who Renounced Citizenship Is More About Taxes Than Trump, Forbes.com (August 4, 2017).

    Payroll Companies Ensure Taxes Are Paid... Unless They Don’t, Los Angeles Daily Journal (August 3, 2017), p. 5. Simultaneously published in San Francisco Daily Journal (August 3, 2017), p. 5.

    Native American Marijuana Hits Nevada, And It's Tax Free, Forbes.com (August 3, 2017).

    Ignoring 83% Of Payroll Tax Mismatches, IRS Leaves $7 Billion Uncollected...Until Now, Forbes.com (August 1, 2017).

    IRS Can Audit for Three Years, Six, or Forever: Here’s How to Tell, Business Law Today, American Bar Association (August 2017).

    CEO Gets 10 Years' Prison For Employment Taxes And Fraud, Forbes.com (July 31, 2017).

    Watchdog Report: IRS Continues To Rehire Problem Employees, Forbes.com (July 28, 2017).

    Even If Your Payroll Firm Steals Your Employment Taxes, You Must Pay IRS, Forbes.com (July 26, 2017).

    Joint Tax Returns May Land You And Your Spouse In The Joint, Los Angeles Daily Journal (July 28, 2017), p. 6. Simultaneously published in San Francisco Daily Journal (July 28, 2017), p. 6.

    Disability Pay Can Be Tax Free, But In Many Cases It Is Not, Los Angeles Daily Journal (July 25, 2017), p. 8. Simultaneously published in San Francisco Daily Journal (July 25, 2017), p. 8.

    5 Year Prison Terms Over Payroll Taxes Warn Employers About IRS, Forbes.com (July 25, 2017).

    IRS Releases Mayweather Tax Lien, Here's How IRS Can Release Yours, Forbes.com (July 24, 2017).

    It’s Great When Debt Is Forgiven, But Don’t Forget About Taxes, Los Angeles Daily Journal (July 21, 2017), p. 7. Simultaneously published in San Francisco Daily Journal (July 21, 2017), p. 7.

    Mayweather. McGregor. And the IRS, Los Angeles Daily Journal (July 17, 2017), p. 8. Simultaneously published in San Francisco Daily Journal (July 17, 2017), p. 8.

    DMX And Floyd Mayweather Tax Troubles Show How Not To Deal With IRS, Forbes.com (July 17, 2017).

    Rapper DMX Charged With Tax Evasion, Could Face 44 Years, Forbes.com (July 14, 2017).

    When Audits Become Criminal Investigations, Los Angeles Daily Journal (July 14, 2017), p. 9. Simultaneously published in San Francisco Daily Journal (July 14, 2017), p. 9.

    12 Year Prison Term For NY Restaurant Owner Tax Evasion And Ponzi Scheme, Forbes.com (July 13, 2017).

    Floyd Mayweather Denies Tax Problems, Paid IRS $26 Million Already, Forbes.com (July 11, 2017).

    Texan Gets 3 Years Prison For Payroll Taxes, Why You Should Avoid Violations, Forbes.com (July 11, 2017).

    Mayweather Should Have Paid His Taxes, Jabs Conor McGregor, Forbes.com (July 11, 2017).

    Lionel Messi Is Fined To Avoid Prison; Why IRS Would Be Harsher, Forbes.com (July 10, 2017).

    In Choosing OVDP or Streamlined, Consider IRS Streamlined Audits, by Robert W. Wood and Scott B. Weese, Vol. 156, No. 2, Tax Notes (July 10, 2017), p. 241.

    Mayweather Sues IRS To Await McGregor Fight To Pay His 2015 Taxes, Forbes.com (July 9, 2017).

    IRS Rejects Minister Tax Write-Offs For Lack Of Profit Motive, Forbes.com (July 6, 2017).

    IRS Warns That Pay On Disability Is Often Taxable: Here's How To Tell, Forbes.com (July 5, 2017).

    Ransom Silver Lining? It’s A Tax Deduction, Daily Journal Verdicts & Settlements (June 30, 2017), p. 4.

    If You Pay Cyberattack Ransom, Deduct It On Your Taxes, Forbes.com (June 29, 2017).

    When Disputing A Tax Bill, Should You Go Ahead And Pay?, Los Angeles Daily Journal (June 28, 2017), p. 4. Simultaneously published in San Francisco Daily Journal (June 28, 2017), p. 4.

    For Joint Tax Returns, This Couple Got Three Years In Prison — Each, Forbes.com (June 28, 2017).

    IRS Private Tax Collectors Are Accused Of Illegal Tactics, Forbes.com (June 26, 2017).

    Cristiano Ronaldo Says No To Paying Disputed Taxes, Why You Should Say Yes, Forbes.com (June 23, 2017).

    What IRS Calls ‘Willful’ Depends On All The Facts, Daily Journal Verdicts & Settlements (June 21, 2017), p. 8.

    Beware IRS Form 1099 Mistakes That Trigger Big Taxes On Phantom Income, Forbes.com (June 21, 2017).

    IRS Warns Don't Rely On IRS.Gov — It Isn't Authority, Forbes.com (June 20, 2017).

    Real Madrid Can Pay Cristiano Ronaldo Taxes, But That Triggers More Taxes, Forbes.com (June 19, 2017).

    Tax Lessons From Soccer's Messi & Ronaldo Tax Evasion Cases, Forbes.com (June 15, 2017).

    Third Canadian Convicted In IRS Tax Refund Scam Could Face Five Years Prison, Forbes.com (June 15, 2017).

    Tax Advisers Who Ran Shelters, Evaded Taxes, Could Face Prison, Forbes.com (June 14, 2017).

    Tax Tips For You! Minding ‘Trust Fund Money’, Los Angeles Daily Journal (June 14, 2017), p. 6. Simultaneously published in San Francisco Daily Journal (June 14, 2017), p. 6.

    Those $133,000 NBA Finals Tickets Were Probably A Tax Write-Off, Forbes.com (June 13, 2017).

    More Americans Renounce Citizenship, New List Released, Forbes.com (June 12, 2017).

    Tax Evasion And Religion, Los Angeles Daily Journal (June 12, 2017), p. 6. Simultaneously published in San Francisco Daily Journal (June 12, 2017), p. 6.

    Vegas Strip Club Owner Faces Prison For Tax Evasion, Forbes.com (June 9, 2017).

    Worst Taxes? Paying Someone Else's, Forbes.com (June 8, 2017).

    Pot Casino? Native American Tribe Sparks Marijuana Business — Tax Free, Forbes.com (June 6, 2017).

    Should Lawyers Keep 2 Sets Of Books? Probably Not, Los Angeles Daily Journal (June 5, 2017), p. 6. Simultaneously published in San Francisco Daily Journal (June 5, 2017), p. 6.

    Dear IRS, I Did Not Report It On My Taxes Because It Was A Gift, Forbes.com (June 5, 2017).

    Government Settlement Write-Offs May Be In Jeopardy, Daily Journal Verdicts & Settlements (June 2, 2017), p. 4.

    IRS Can Issue Tax Refunds, Then Demand Them Back With Interest, Forbes.com (June 1, 2017).

    Key Steps to Dispute IRS Tax Bills, Vol. 89, No. 5, New York State Bar Association Journal, New York State Bar Association (June 2017), p. 36.

    13 Tax Notice Tips Every Lawyer Should Know, Vol. 53, No. 10, Arizona Attorney Magazine, State Bar of Arizona (June 2017), p. 28.

    Mother Son Duo Sentenced To Prison Over Corporate Income Tax Returns, Forbes.com (May 31, 2017).

    Lawyers, Clients Dance The ‘Taxes Two-Step’, Los Angeles Daily Journal (May 26, 2017), p. 4. Simultaneously published in San Francisco Daily Journal (May 26, 2017), p. 4.

    Wells Fargo Found Liable In Abusive Tax Shelter Scheme, Forbes.com (May 26, 2017).

    FATCA Tax Lessons From Lionel Messi Prison Sentence, Forbes.com (May 25, 2017).

    'Soup Nazi' Tax Evasion Case Holds Lessons For Every Business, Forbes.com (May 24, 2017).

    IRS Amnesty Can Cover Broader Tax Evasion Too, Forbes.com (May 23, 2017).

    Can You Get Tax Advice On Contingency?, Daily Journal Verdicts & Settlements (May 19, 2017), p. 4.

    How IRS Audits Can Become Criminal Investigations, World.tax (May 18, 2017).

    If You Pay Ransom, Write It Off On Your Taxes, Forbes.com (May 16, 2017).

    How IRS Audits Can Become Criminal Investigations, Forbes.com (May 15, 2017).

    Can You Get Tax Advice On Contingency?, Daily Journal Verdicts & Settlements (May 19, 2017), p. 4.

    Private Collection Agencies Now Work For The IRS, Daily Journal Verdicts & Settlements (May 12, 2017), p. 8.

    IRS Notice Response Tips Everyone Should Know, Tax Insider, Association of International Certified Professional Accountants (May 11, 2017).

    Reverse Immigration: How IRS Taxes Giving Up Green Cards, Forbes.com (May 8, 2017).

    Which IRS Violations Are Evasion Or Willful Depends On The Facts, Forbes.com (May 1, 2017).

    Amending IRS Tax Returns Has Extra Opportunities, Extra Risks, Forbes.com (April 25, 2017).

    Trump Tax Returns Are Still No Holy Grail, Forbes.com (April 18, 2017).

    Lois Lerner, Former IRS Official, Remains Relevant On Tax Day, Forbes.com (April 18, 2017).

    Haven’t Filed Your Taxes Yet?, Los Angeles Daily Journal (April 17, 2017), p. 4. Simultaneously published in San Francisco Daily Journal (April 17, 2017), p. 4.

    What If You Must Return Pay, Like Wells Fargo?, Los Angeles Daily Journal (April 13, 2017), p. 4. Simultaneously published in San Francisco Daily Journal (April 13, 2017), p. 4.

    IRS Can't Tax Churches, But Fake Ones Can Trigger Tax Evasion Charges, Forbes.com (April 13, 2017).

    Tax Time Travel Ban: IRS Can Take Your Passport, Forbes.com (April 12, 2017).

    More Wells Fargo Pay Clawbacks Over Fake Accounts Bring Tax Pain, Forbes.com (April 11, 2017).

    IRS Unleashes Private Collection Agencies To Chase Tax Debts, Forbes.com (April 10, 2017).

    Jersey Shore's Mike 'The Situation' Sorrentino Indicted On More Tax Evasion Charges, Forbes.com (April 7, 2017).

    Cut IRS Audit Risk, Extend April 18 Tax Deadline To October 16, Forbes.com (April 6, 2017).

    Trump’s Pay Donation Shows Common Tax Problem, Los Angeles Daily Journal (April 6, 2017), p. 7. Simultaneously published in San Francisco Daily Journal (April 6, 2017), p. 7.

    91% Of IRS Seizures For 'Structuring' Involve Lawful Taxpayers, Forbes.com (April 5, 2017).

    Trump Donates Presidential Pay, Reminding Us IRS Rules Apply To Everyone, Forbes.com (April 4, 2017).

    IRS Polices What Is Tax Planning Or Tax Evasion, Forbes.com (April 3, 2017).

    With IRS, Better To Ask For Permission Or Forgiveness?, Los Angeles Daily Journal (April 3, 2017), p. 4. Simultaneously published in San Francisco Daily Journal (April 3, 2017), p. 4.

    You Just Filed Your Taxes With A Big Mistake, Now What?, Los Angeles Daily Journal (March 30, 2017), p. 8. Simultaneously published in San Francisco Daily Journal (March 30, 2017), p. 8.

    With IRS, Ask Forgiveness Not Permission, Forbes.com (March 29, 2017).

    Shorten IRS Tax Audit Disputes Through New Program, Forbes.com (March 27, 2017).

    IRS Urged To Penalize — And Prosecute Payroll Tax Violations, Forbes.com (March 14, 2017).

    Man Could Face 5 Years For $18M IRS Employment Tax Violation, Forbes.com (March 23, 2017).

    IRS Expands Fast Track Settlement Nationwide For More Taxpayers, by Robert W. Wood and Scott B. Weese, Los Angeles Daily Journal (March 23, 2017), p. 9. Simultaneously published in San Francisco Daily Journal (March 23, 2017), p. 9.

    Man Draws $4.3M IRS Penalty For Lending $100K To Struggling Business, Forbes.com (March 20, 2017).

    Despite Trump Tax Returns, He Is Right To Repeal AMT, Forbes.com (March 17, 2017).

    To Disclose Or Not To Disclose On Your Tax Return, Daily Journal Verdicts & Settlements (March 17, 2017), p. 4.

    How To Steer Clear Of Both State And Federal Tax Audits, Los Angeles Daily Journal (March 16, 2017), p. 7. Simultaneously published in San Francisco Daily Journal (March 16, 2017), p. 7.

    Tax Return Disclosures That Aren't IRS Audit Triggers, Forbes.com (March 14, 2017).

    IRS Payroll Taxes Can Close A Business, Mean Personal Liability, Even Jail, Forbes.com (March 13, 2017).

    IRS Has Special Agents, Too, Los Angeles Daily Journal (March 13, 2017), p. 2. Simultaneously published in San Francisco Daily Journal (March 13, 2017), p. 2.

    Can You Opt Out Of Big IRS Offshore Penalties?, Forbes.com (March 9, 2017).

    Filing Your Taxes Is Not Self-Incrimination, Rules Court, Forbes.com (March 9, 2017).

    How Low IRS Audit Rate Could Actually Hurt You, Forbes.com (March 8, 2017).

    Like Wesley Snipes, Lawyers Failed To File Taxes, But Did Not File Falsely, Forbes.com (March 7, 2017).

    Keeping Two Sets Of Books Can Mean Prison For Tax Evasion, Forbes.com (March 7, 2017).

    IRS Raided Caterpillar, What If They Visit You?, Forbes.com (March 6, 2017).

    Investing in California Real Property Tax and Withholding, by Donald P. Board and Robert W. Wood, Vol. 83, No. 10, State Tax Notes (March 6, 2017), p. 853.

    If You Decide To Part Ways With The US, It’s Going To Cost You, Los Angeles Daily Journal (March 6, 2017), p. 5. Simultaneously published in San Francisco Daily Journal (March 6, 2017), p. 5.

    No Receipts For Your Taxes Or IRS? No Problem, Forbes.com (March 6, 2017).

    Trump, California At Odds On Estate Tax, Los Angeles Daily Journal (March 2, 2017), p. 5. Simultaneously published in San Francisco Daily Journal (March 2, 2017), p. 5.

    Practical Tips To Know About Form 1099s During Tax Time, Los Angeles Daily Journal (March 1, 2017), p. 4. Simultaneously published in San Francisco Daily Journal (March 1, 2017), p. 4.

    You Just Filed Your Taxes With An Oscar Best Picture-Size Mistake, Forbes.com (March 1, 2017).

    Non-Cash Income IRS Requires To Be Reported On Your Taxes, Forbes.com (February 28, 2017).

    Renounce U.S., Here's How IRS Computes 'Exit Tax', Forbes.com (February 27, 2017).

    Trump Tax Cuts Could Start With Executive Action, Forbes.com (February 27, 2017).

    $100K 'Gifts' Plus Pay To Wear Oscar Attire — Two Reasons IRS Watches Academy Awards, Forbes.com (February 25, 2017).

    Is Your Tax Audit Risk 3 Years, 6 Years, Or Even More?, Daily Journal Verdicts & Settlements (February 24, 2017), p. 4.

    Trump Vows Estate Tax Repeal, But California Plans Its Own 40% Estate Tax, Forbes.com (February 23, 2017).

    Dear IRS: Sorry, A Typo On My Taxes Dropped Some Zeros, Forbes.com (February 22, 2017).

    Skip Any Of These IRS Forms, Get Tax Audits ... Forever, Forbes.com (February 21, 2017).

    Actually, Robots Could Face IRS With Trump-Like Tax Savvy, Forbes.com (February 21, 2017).

    Howard Stern, IRS Strange Co-Defendants In Tax Audit Privacy Suit, Forbes.com (February 17, 2017).

    10 Ways To Keep The IRS From Taking Away Your Passport, Los Angeles Daily Journal (February 15, 2017), p. 6. Simultaneously published in San Francisco Daily Journal (February 15, 2017), p. 6.

    Not Paying Taxes To Protest Trump? Watch Out For IRS, Forbes.com (February 16, 2017).

    Fudging Your Taxes? IRS Returns Carry Penalty Of Perjury, Forbes.com (February 15, 2017).

    Write Your Clothes Off On Your Taxes? Yes, If You Meet This IRS Test, Forbes.com (February 14, 2017).

    If Obamacare Is Repealed, How Many Taxes Will Go Too?, Forbes.com (February 13, 2017).

    IRS Cracks Down On Padding Tax Deductions, Forbes.com (February 13, 2017).

    More Americans Give Up Citizenship In Reverse Trump Bump, Forbes.com (February 10, 2017).

    Brit Boris Johnson Renounces America; Why We Should Care, Forbes.com (February 9, 2017).

    IRS Can Audit 6 Tax Years Not 3, So Be Careful, Forbes.com (February 9, 2017).

    Amid Trump Ban, IRS Moves To Revoke Passports For Tax Debt, Los Angeles Daily Journal (February 8, 2017), p. 5. Simultaneously published in San Francisco Daily Journal (February 8, 2017), p. 5.

    IRS Audit Traps & 5 Ways To Steer Clear, Forbes.com (February 8, 2017).

    Next Travel Ban: 10 Ways To Keep IRS From Taking Your Passport, Forbes.com (February 7, 2017).

    Graev: Adequate Disclosure or Tax Shelter?, by Robert W. Wood and Milan N. Ball, Vol. 154, No. 6, Tax Notes (February 6, 2017), p. 763.

    Dear President Trump, Please Repeal FATCA, Forbes.com (February 6, 2017).

    Lady Gaga's 'Free' Super Bowl Show Actually Isn't Forbes.com (February 5, 2017).

    Super Bowl Bet That's A Sure Thing, Forbes.com (February 4, 2017).

    Another Travel Ban: IRS Moves To Revoke Passports For Unpaid Taxes, Forbes.com (February 2, 2017).

    IRS Professional Responsibility Lawyer Charged In Drug Distribution Conspiracy, Forbes.com (February 2, 2017).

    Hey, My IRS Form 1099 Is Wrong ... Maybe Intentionally, Forbes.com (February 1, 2017).

    IRS Form 1099 Or Form W-2?, Forbes.com (January 30, 2017).

    Missing An IRS Form 1099? Don't Ask For It, Forbes.com (January 27, 2017).

    10 Things To Know About IRS Forms 1099 At Tax Time, Forbes.com (January 25, 2017).

    IRS Hunts Debit Cards For Tax Evasion, As Court Approves John Doe Summons, Forbes.com (January 25, 2017).

    Dear President Trump: Why I'm Leaving America, Forbes.com (January 23, 2017).

    Tax Cheats Beware: IRS Whistleblower Awards Soar 322%, Forbes.com (January 17, 2017).

    Will California Tax Man Let You Move States?, Forbes.com (January 11, 2017).

    Beware IRS Audits Of Offshore Account Filings, Forbes.com (January 9, 2017).

    IRS Forms 1099 Are Coming, Packing A Tax Punch, Forbes.com (January 4, 2017).

    Pro Tip For Lawyers, Young And Old: The Prompt Response, Los Angeles Daily Journal (January 3, 2017), p. 9. Simultaneously published in San Francisco Daily Journal (January 3, 2017), p. 9.

    IRS Escalates Hunt For Bitcoin Users In Coinbase Summons Case, Forbes.com (January 3, 2017).

    Tax Return Disclosures: What Is ‘Adequate’ and Why It Matters, by Robert W. Wood and Milan N. Ball, Vol. 154, No. 1, Tax Notes (January 2, 2017), p. 163.

     

     

     

    TAX COLUMNS IN FORBES

     

    Tax Evader Who Fled U.S. Gets 7 Years In Prison, Forbes.com (October 18, 2017).

    Lessons From Dentist's Tax Evasion: Cover-Up Is Worse Than Crime, Forbes.com (October 17, 2017).

    Forest Whitaker Loses Tax Case, Provides IRS Handling Tips, Forbes.com (October 10, 2017).

    False IRS Tax Returns — Personal Or Business — Can Mean Prison, Forbes.com (October 9, 2017).

    Catholic Priest Gets Prison For Tax Evasion: Don't Lie To IRS, Forbes.com (October 4, 2017).

    Trump Republican Tax Plan's 10 Key Cuts, Forbes.com (September 28, 2017).

    Here's How IRS Taxes Severance Pay, Forbes.com (September 27, 2017).

    When IRS Can Collect Taxes From You Owed By Someone Else, Forbes.com (September 25, 2017).

    IRS Could Tax Loans Of Bitcoin, Other Cryptocurrencies, Forbes.com (September 21, 2017).

    Bitcoin, Virtual Currency Deals Under $600 Could Become Tax Exempt, Forbes.com (September 8, 2017).

    Hiding Assets To Thwart IRS Tax Collection Can Be Criminal, Forbes.com (September 5, 2017).

    California's 13.3% Tax On Capital Gains Inspires Move Then Sell Tactics, Forbes.com (August 31, 2017).

    Estate Tax Repeal Is Not Just For Morons, Forbes.com (August 30, 2017).

    IRS Hunts Bitcoin User Identities With Software In Tax Enforcement Push, Forbes.com (August 24, 2017).

    Big IRS Debt Can Mean Losing Passport, Here's How to Keep Yours, Forbes.com (August 10, 2017).

    IRS Audits, Tax Bills, Liens & Levies Can All Bring Grief, Forbes.com (August 8, 2017).

    Long List Of Americans Who Renounced Citizenship Is More About Taxes Than Trump, Forbes.com (August 4, 2017).

    Native American Marijuana Hits Nevada, And It's Tax Free, Forbes.com (August 3, 2017).

    Ignoring 83% Of Payroll Tax Mismatches, IRS Leaves $7 Billion Uncollected...Until Now, Forbes.com (August 1, 2017).

    CEO Gets 10 Years' Prison For Employment Taxes And Fraud, Forbes.com (July 31, 2017).

    Watchdog Report: IRS Continues To Rehire Problem Employees, Forbes.com (July 28, 2017).

    Even If Your Payroll Firm Steals Your Employment Taxes, You Must Pay IRS, Forbes.com (July 26, 2017).

    5 Year Prison Terms Over Payroll Taxes Warn Employers About IRS, Forbes.com (July 25, 2017).

    IRS Releases Mayweather Tax Lien, Here's How IRS Can Release Yours, Forbes.com (July 24, 2017).

    DMX And Floyd Mayweather Tax Troubles Show How Not To Deal With IRS, Forbes.com (July 17, 2017).

    Rapper DMX Charged With Tax Evasion, Could Face 44 Years, Forbes.com (July 14, 2017).

    12 Year Prison Term For NY Restaurant Owner Tax Evasion And Ponzi Scheme, Forbes.com (July 13, 2017).

    Floyd Mayweather Denies Tax Problems, Paid IRS $26 Million Already, Forbes.com (July 11, 2017).

    Texan Gets 3 Years Prison For Payroll Taxes, Why You Should Avoid Violations, Forbes.com (July 11, 2017).

    Mayweather Should Have Paid His Taxes, Jabs Conor McGregor, Forbes.com (July 11, 2017).

    Lionel Messi Is Fined To Avoid Prison; Why IRS Would Be Harsher, Forbes.com (July 10, 2017).

    Mayweather Sues IRS To Await McGregor Fight To Pay His 2015 Taxes, Forbes.com (July 9, 2017).

    IRS Rejects Minister Tax Write-Offs For Lack Of Profit Motive, Forbes.com (July 6, 2017).

    IRS Warns That Pay On Disability Is Often Taxable: Here's How To Tell, Forbes.com (July 5, 2017).

    If You Pay Cyberattack Ransom, Deduct It On Your Taxes, Forbes.com (June 29, 2017).

    For Joint Tax Returns, This Couple Got Three Years In Prison — Each, Forbes.com (June 28, 2017).

    IRS Private Tax Collectors Are Accused Of Illegal Tactics, Forbes.com (June 26, 2017).

    Cristiano Ronaldo Says No To Paying Disputed Taxes, Why You Should Say Yes, Forbes.com (June 23, 2017).

    Even Lawyers Face Independent Contractor - Employee Disputes, Forbes.com (June 22, 2017).

    Beware IRS Form 1099 Mistakes That Trigger Big Taxes On Phantom Income, Forbes.com (June 21, 2017).

    IRS Warns Don't Rely On IRS.Gov — It Isn't Authority, Forbes.com (June 20, 2017).

    Real Madrid Can Pay Cristiano Ronaldo Taxes, But That Triggers More Taxes, Forbes.com (June 19, 2017).

    Tax Lessons From Soccer's Messi & Ronaldo Tax Evasion Cases, Forbes.com (June 15, 2017).

    Third Canadian Convicted In IRS Tax Refund Scam Could Face Five Years Prison, Forbes.com (June 15, 2017).

    Tax Advisers Who Ran Shelters, Evaded Taxes, Could Face Prison, Forbes.com (June 14, 2017).

    Those $133,000 NBA Finals Tickets Were Probably A Tax Write-Off, Forbes.com (June 13, 2017).

    More Americans Renounce Citizenship, New List Released, Forbes.com (June 12, 2017).

    Vegas Strip Club Owner Faces Prison For Tax Evasion, Forbes.com (June 9, 2017).

    Worst Taxes? Paying Someone Else's, Forbes.com (June 8, 2017).

    Pot Casino? Native American Tribe Sparks Marijuana Business — Tax Free, Forbes.com (June 6, 2017).

    Dear IRS, I Did Not Report It On My Taxes Because It Was A Gift, Forbes.com (June 5, 2017).

    IRS Can Issue Tax Refunds, Then Demand Them Back With Interest, Forbes.com (June 1, 2017).

    Mother Son Duo Sentenced To Prison Over Corporate Income Tax Returns, Forbes.com (May 31, 2017).

    Wells Fargo Found Liable In Abusive Tax Shelter Scheme, Forbes.com (May 26, 2017).

    FATCA Tax Lessons From Lionel Messi Prison Sentence, Forbes.com (May 25, 2017).

    'Soup Nazi' Tax Evasion Case Holds Lessons For Every Business, Forbes.com (May 24, 2017).

    IRS Amnesty Can Cover Broader Tax Evasion Too, Forbes.com (May 23, 2017).

    Tax Write-Offs For Government Settlements Could Be Restricted, Forbes.com (May 17, 2017).

    If You Pay Ransom, Write It Off On Your Taxes, Forbes.com (May 16, 2017).

    How IRS Audits Can Become Criminal Investigations, Forbes.com (May 15, 2017).

    Contingent Fee Tax Advice: IRS Allows Some, Not All, Forbes.com (May 10, 2017).

    Reverse Immigration: How IRS Taxes Giving Up Green Cards, Forbes.com (May 8, 2017).

    Which IRS Violations Are Evasion Or Willful Depends On The Facts, Forbes.com (May 1, 2017).

    United Settles With Passenger Dragged Off Plane, But Can IRS Tax It?, Forbes.com (April 28, 2017).

    Amending IRS Tax Returns Has Extra Opportunities, Extra Risks, Forbes.com (April 25, 2017).

    Trump Tax Returns Are Still No Holy Grail, Forbes.com (April 18, 2017).

    Lois Lerner, Former IRS Official, Remains Relevant On Tax Day, Forbes.com (April 18, 2017).

    IRS Can't Tax Churches, But Fake Ones Can Trigger Tax Evasion Charges, Forbes.com (April 13, 2017).

    Tax Time Travel Ban: IRS Can Take Your Passport, Forbes.com (April 12, 2017).

    More Wells Fargo Pay Clawbacks Over Fake Accounts Bring Tax Pain, Forbes.com (April 11, 2017).

    IRS Unleashes Private Collection Agencies To Chase Tax Debts, Forbes.com (April 10, 2017).

    Jersey Shore's Mike 'The Situation' Sorrentino Indicted On More Tax Evasion Charges, Forbes.com (April 7, 2017).

    Cut IRS Audit Risk, Extend April 18 Tax Deadline To October 16, Forbes.com (April 6, 2017).

    91% Of IRS Seizures For 'Structuring' Involve Lawful Taxpayers, Forbes.com (April 5, 2017).

    Trump Donates Presidential Pay, Reminding Us IRS Rules Apply To Everyone, Forbes.com (April 4, 2017).

    IRS Polices What Is Tax Planning Or Tax Evasion, Forbes.com (April 3, 2017).

    Trump University Settlement Nets $25M Write-Off For Trump, Taxes For Students, Forbes.com (April 3, 2017).

    With IRS, Ask Forgiveness Not Permission, Forbes.com (March 29, 2017).

    Shorten IRS Tax Audit Disputes Through New Program, Forbes.com (March 27, 2017).

    IRS Urged To Penalize — And Prosecute Payroll Tax Violations, Forbes.com (March 14, 2017).

    Man Could Face 5 Years For $18M IRS Employment Tax Violation, Forbes.com (March 23, 2017).

    Man Draws $4.3M IRS Penalty For Lending $100K To Struggling Business, Forbes.com (March 20, 2017).

    Despite Trump Tax Returns, He Is Right To Repeal AMT, Forbes.com (March 17, 2017).

    Tax Return Disclosures That Aren't IRS Audit Triggers, Forbes.com (March 14, 2017).

    IRS Payroll Taxes Can Close A Business, Mean Personal Liability, Even Jail, Forbes.com (March 13, 2017).

    Can You Opt Out Of Big IRS Offshore Penalties?, Forbes.com (March 9, 2017).

    Filing Your Taxes Is Not Self-Incrimination, Rules Court, Forbes.com (March 9, 2017).

    How Low IRS Audit Rate Could Actually Hurt You, Forbes.com (March 8, 2017).

    Like Wesley Snipes, Lawyers Failed To File Taxes, But Did Not File Falsely, Forbes.com (March 7, 2017).

    Keeping Two Sets Of Books Can Mean Prison For Tax Evasion, Forbes.com (March 7, 2017).

    IRS Raided Caterpillar, What If They Visit You?, Forbes.com (March 6, 2017).

    No Receipts For Your Taxes Or IRS? No Problem, Forbes.com (March 6, 2017).

    You Just Filed Your Taxes With An Oscar Best Picture-Size Mistake, Forbes.com (March 1, 2017).

    Non-Cash Income IRS Requires To Be Reported On Your Taxes, Forbes.com (February 28, 2017).

    Renounce U.S., Here's How IRS Computes 'Exit Tax', Forbes.com (February 27, 2017).

    Trump Tax Cuts Could Start With Executive Action, Forbes.com (February 27, 2017).

    $100K 'Gifts' Plus Pay To Wear Oscar Attire — Two Reasons IRS Watches Academy Awards, Forbes.com (February 25, 2017).

    President Obama Was Right, PTSD Is Physical, Forbes.com (February 24, 2017).

    Trump Vows Estate Tax Repeal, But California Plans Its Own 40% Estate Tax, Forbes.com (February 23, 2017).

    Dear IRS: Sorry, A Typo On My Taxes Dropped Some Zeros, Forbes.com (February 22, 2017).

    Skip Any Of These IRS Forms, Get Tax Audits ... Forever, Forbes.com (February 21, 2017).

    Actually, Robots Could Face IRS With Trump-Like Tax Savvy, Forbes.com (February 21, 2017).

    Howard Stern, IRS Strange Co-Defendants In Tax Audit Privacy Suit, Forbes.com (February 17, 2017).

    Not Paying Taxes To Protest Trump? Watch Out For IRS, Forbes.com (February 16, 2017).

    Fudging Your Taxes? IRS Returns Carry Penalty Of Perjury, Forbes.com (February 15, 2017).

    Write Your Clothes Off On Your Taxes? Yes, If You Meet This IRS Test, Forbes.com (February 14, 2017).

    If Obamacare Is Repealed, How Many Taxes Will Go Too?, Forbes.com (February 13, 2017).

    IRS Cracks Down On Padding Tax Deductions, Forbes.com (February 13, 2017).

    More Americans Give Up Citizenship In Reverse Trump Bump, Forbes.com (February 10, 2017).

    Brit Boris Johnson Renounces America; Why We Should Care, Forbes.com (February 9, 2017).

    IRS Can Audit 6 Tax Years Not 3, So Be Careful, Forbes.com (February 9, 2017).

    IRS Audit Traps & 5 Ways To Steer Clear, Forbes.com (February 8, 2017).

    Next Travel Ban: 10 Ways To Keep IRS From Taking Your Passport, Forbes.com (February 7, 2017).

    Dear President Trump, Please Repeal FATCA, Forbes.com (February 6, 2017).

    Lady Gaga's 'Free' Super Bowl Show Actually Isn't Forbes.com (February 5, 2017).

    Super Bowl Bet That's A Sure Thing, Forbes.com (February 4, 2017).

    Another Travel Ban: IRS Moves To Revoke Passports For Unpaid Taxes, Forbes.com (February 2, 2017).

    IRS Professional Responsibility Lawyer Charged In Drug Distribution Conspiracy, Forbes.com (February 2, 2017).

    Hey, My IRS Form 1099 Is Wrong ... Maybe Intentionally, Forbes.com (February 1, 2017).

    IRS Form 1099 Or Form W-2?, Forbes.com (January 30, 2017).

    Missing An IRS Form 1099? Don't Ask For It, Forbes.com (January 27, 2017).

    10 Things To Know About IRS Forms 1099 At Tax Time, Forbes.com (January 25, 2017).

    IRS Hunts Debit Cards For Tax Evasion, As Court Approves John Doe Summons, Forbes.com (January 25, 2017).

    Dear President Trump: Why I'm Leaving America, Forbes.com (January 23, 2017).

    Tax Cheats Beware: IRS Whistleblower Awards Soar 322%, Forbes.com (January 17, 2017).

    Will California Tax Man Let You Move States?, Forbes.com (January 11, 2017).

    Beware IRS Audits Of Offshore Account Filings, Forbes.com (January 9, 2017).

    IRS Forms 1099 Are Coming, Packing A Tax Punch, Forbes.com (January 4, 2017).

    IRS Escalates Hunt For Bitcoin Users In Coinbase Summons Case, Forbes.com (January 3, 2017).

     

     

     

    2017 TAX COLUMNS IN DAILY JOURNAL

     

    California’s 13.3 Percent Tax Rate Can Encourage Wanderlust, Los Angeles Daily Journal (September 7, 2017), p. 7. Simultaneously published in San Francisco Daily Journal (September 7, 2017), p. 7.

    IRS Software Trolls For Bitcoin Users And Then Matches To Taxes, Los Angeles Daily Journal (August 30, 2017), p. 5. Simultaneously published in San Francisco Daily Journal (August 30, 2017), p. 5.

    Trump Tax Cut Cheat Sheet, Los Angeles Daily Journal (August 25, 2017), p. 7. Simultaneously published in San Francisco Daily Journal (August 25, 2017), p. 7.

    Do You Even Know What A Write-Off Is?, Daily Journal Verdicts & Settlements (August 18, 2017), p. 4.

    Mayweather Got His Tax Lien Released, But Will You?, Los Angeles Daily Journal (August 17, 2017), p. 5. Simultaneously published in San Francisco Daily Journal (August 17, 2017), p. 5.

    How Not To Deal With IRS? Just Ask DMX, Daily Journal Verdicts & Settlements (August 11, 2017), p. 4.

    More Criminal Payroll Cases Coming, Los Angeles Daily Journal (August 7, 2017), p. 6. Simultaneously published in San Francisco Daily Journal (August 7, 2017), p. 6.

    Payroll Companies Ensure Taxes Are Paid... Unless They Don’t, Los Angeles Daily Journal (August 3, 2017), p. 5. Simultaneously published in San Francisco Daily Journal (August 3, 2017), p. 5.

    Joint Tax Returns May Land You And Your Spouse In The Joint, Los Angeles Daily Journal (July 28, 2017), p. 6. Simultaneously published in San Francisco Daily Journal (July 28, 2017), p. 6.

    Disability Pay Can Be Tax Free, But In Many Cases It Is Not, Los Angeles Daily Journal (July 25, 2017), p. 8. Simultaneously published in San Francisco Daily Journal (July 25, 2017), p. 8.

    It’s Great When Debt Is Forgiven, But Don’t Forget About Taxes, Los Angeles Daily Journal (July 21, 2017), p. 7. Simultaneously published in San Francisco Daily Journal (July 21, 2017), p. 7.

    Mayweather. McGregor. And the IRS, Los Angeles Daily Journal (July 17, 2017), p. 8. Simultaneously published in San Francisco Daily Journal (July 17, 2017), p. 8.

    When Audits Become Criminal Investigations, Los Angeles Daily Journal (July 14, 2017), p. 9. Simultaneously published in San Francisco Daily Journal (July 14, 2017), p. 9.

    Ransom Silver Lining? It’s A Tax Deduction, Daily Journal Verdicts & Settlements (June 30, 2017), p. 4.

    When Disputing A Tax Bill, Should You Go Ahead And Pay?, Los Angeles Daily Journal (June 28, 2017), p. 4. Simultaneously published in San Francisco Daily Journal (June 28, 2017), p. 4.

    What IRS Calls ‘Willful’ Depends On All The Facts, Daily Journal Verdicts & Settlements (June 21, 2017), p. 8.

    Tax Tips For You! Minding ‘Trust Fund Money’, Los Angeles Daily Journal (June 14, 2017), p. 6. Simultaneously published in San Francisco Daily Journal (June 14, 2017), p. 6.

    Tax Evasion And Religion, Los Angeles Daily Journal (June 12, 2017), p. 6. Simultaneously published in San Francisco Daily Journal (June 12, 2017), p. 6.

    Should Lawyers Keep 2 Sets Of Books? Probably Not, Los Angeles Daily Journal (June 5, 2017), p. 6. Simultaneously published in San Francisco Daily Journal (June 5, 2017), p. 6.

    Government Settlement Write-Offs May Be In Jeopardy, Daily Journal Verdicts & Settlements (June 2, 2017), p. 4.

    Lawyers, Clients Dance The ‘Taxes Two-Step’, Los Angeles Daily Journal (May 26, 2017), p. 4. Simultaneously published in San Francisco Daily Journal (May 26, 2017), p. 4.

    Can You Get Tax Advice On Contingency?, Daily Journal Verdicts & Settlements (May 19, 2017), p. 4.

    Private Collection Agencies Now Work For The IRS, Daily Journal Verdicts & Settlements (May 12, 2017), p. 8.

    Haven’t Filed Your Taxes Yet?, Los Angeles Daily Journal (April 17, 2017), p. 4. Simultaneously published in San Francisco Daily Journal (April 17, 2017), p. 4.

    What If You Must Return Pay, Like Wells Fargo?, Los Angeles Daily Journal (April 13, 2017), p. 4. Simultaneously published in San Francisco Daily Journal (April 13, 2017), p. 4.

    Trump’s Pay Donation Shows Common Tax Problem, Los Angeles Daily Journal (April 6, 2017), p. 7. Simultaneously published in San Francisco Daily Journal (April 6, 2017), p. 7.

    With IRS, Better To Ask For Permission Or Forgiveness?, Los Angeles Daily Journal (April 3, 2017), p. 4. Simultaneously published in San Francisco Daily Journal (April 3, 2017), p. 4.

    You Just Filed Your Taxes With A Big Mistake, Now What?, Los Angeles Daily Journal (March 30, 2017), p. 8. Simultaneously published in San Francisco Daily Journal (March 30, 2017), p. 8.

    IRS Expands Fast Track Settlement Nationwide For More Taxpayers, by Robert W. Wood and Scott B. Weese, Los Angeles Daily Journal (March 23, 2017), p. 9. Simultaneously published in San Francisco Daily Journal (March 23, 2017), p. 9.

    To Disclose Or Not To Disclose On Your Tax Return, Daily Journal Verdicts & Settlements (March 17, 2017), p. 4.

    How To Steer Clear Of Both State And Federal Tax Audits, Los Angeles Daily Journal (March 16, 2017), p. 7. Simultaneously published in San Francisco Daily Journal (March 16, 2017), p. 7.

    IRS Has Special Agents, Too, Los Angeles Daily Journal (March 13, 2017), p. 2. Simultaneously published in San Francisco Daily Journal (March 13, 2017), p. 2.

    Don’t Inflate Deductions, Even When IRS Audits Are Down, Los Angeles Daily Journal (March 9, 2017), p. 8. Simultaneously published in San Francisco Daily Journal (March 9, 2017), p. 8.

    If You Decide To Part Ways With The US, It’s Going To Cost You, Los Angeles Daily Journal (March 6, 2017), p. 5. Simultaneously published in San Francisco Daily Journal (March 6, 2017), p. 5.

    Trump, California At Odds On Estate Tax, Los Angeles Daily Journal (March 2, 2017), p. 5. Simultaneously published in San Francisco Daily Journal (March 2, 2017), p. 5.

    Practical Tips To Know About Form 1099s During Tax Time, Los Angeles Daily Journal (March 1, 2017), p. 4. Simultaneously published in San Francisco Daily Journal (March 1, 2017), p. 4.

    Is Your Tax Audit Risk 3 Years, 6 Years, Or Even More?, Daily Journal Verdicts & Settlements (February 24, 2017), p. 4.

    10 Ways To Keep The IRS From Taking Away Your Passport, Los Angeles Daily Journal (February 15, 2017), p. 6. Simultaneously published in San Francisco Daily Journal (February 15, 2017), p. 6.

    Amid Trump Ban, IRS Moves To Revoke Passports For Tax Debt, Los Angeles Daily Journal (February 8, 2017), p. 5. Simultaneously published in San Francisco Daily Journal (February 8, 2017), p. 5.

    Pro Tip For Lawyers, Young And Old: The Prompt Response, Los Angeles Daily Journal (January 3, 2017), p. 9. Simultaneously published in San Francisco Daily Journal (January 3, 2017), p. 9.