2025
TOPICS:
- Taxation of Damage Awards
- Independent Contractor Status
- Miscellaneous
- Tax Columns in Forbes
- Tax Columns in Daily Journal
All articles written by Robert W. Wood (unless otherwise noted)
TAXATION OF DAMAGE AWARDS
Unlike Trump’s $25 Million Meta Deal, Most Legal Settlements Are Taxed, Forbes.com (February 24, 2025).
How Fire Victims Can Rebuild Without Tax On Their Insurance Proceeds, Forbes.com (February 13, 2025).
Federal Legislation Makes Wildfire Settlements Retroactively Tax Free, Tax Notes Federal (February 10, 2025).
Form 1099 Tax Reporting Guide for Lawsuit Settlements, by Robert W. Wood and Alex Z. Brown, Tax Notes Federal (February 3, 2025).
LA Wildfire Victims Should Use Caution Before Claiming A Casualty Loss, Forbes.com (January 27, 2025).
Tax triage for LA fire victims, Los Angeles Daily Journal (January 23, 2025).
Los Angeles Area Fire Victims May Also Have Tax Issues To Address, Forbes.com (January 22, 2025).
IRS Forms 1099 Are Key To Your Tax Filing, Here’s What To Know, Forbes.com (January 21, 2025).
INDEPENDENT CONTRACTOR STATUS
MISCELLANEOUS
Ohtani Interpreter Gets Prison For $17 Million Theft — IRS Taxes Him, Forbes.com (February 18, 2025).
Why your IRS audit period might be longer than you think, Los Angeles Daily Journal (February 7, 2025).
Blake Lively and Justin Baldoni lawsuits have tax aspects, too, Los Angeles Daily Journal (January 28, 2025).
7 People Charged In Massive Covid-Related Tax Credit Scheme, Forbes.com (January 23, 2025).
IRS Audit Period Is 3 Years, 6 Years, Or More. Here’s How To Tell, Forbes.com (January 22, 2025).
IRS And California FTB Give Tax Relief To California Wildfire Victims, Forbes.com (January 12, 2025).
TAX COLUMNS IN FORBES
Unlike Trump’s $25 Million Meta Deal, Most Legal Settlements Are Taxed, Forbes.com (February 24, 2025).
Ohtani Interpreter Gets Prison For $17 Million Theft — IRS Taxes Him, Forbes.com (February 18, 2025).
How Fire Victims Can Rebuild Without Tax On Their Insurance Proceeds, Forbes.com (February 13, 2025).
LA Wildfire Victims Should Use Caution Before Claiming A Casualty Loss, Forbes.com (January 27, 2025).
7 People Charged In Massive Covid-Related Tax Credit Scheme, Forbes.com (January 23, 2025).
IRS Audit Period Is 3 Years, 6 Years, Or More. Here’s How To Tell, Forbes.com (January 22, 2025).
Los Angeles Area Fire Victims May Also Have Tax Issues To Address, Forbes.com (January 22, 2025).
IRS Forms 1099 Are Key To Your Tax Filing, Here’s What To Know, Forbes.com (January 21, 2025).
IRS And California FTB Give Tax Relief To California Wildfire Victims, Forbes.com (January 12, 2025).
TAX COLUMNS IN DAILY JOURNAL
Why your IRS audit period might be longer than you think, Los Angeles Daily Journal (February 7, 2025).
Blake Lively and Justin Baldoni lawsuits have tax aspects, too, Los Angeles Daily Journal (January 28, 2025).
Tax triage for LA fire victims, Los Angeles Daily Journal (January 23, 2025).
TAX COLUMNS IN TAX NOTES
Federal Legislation Makes Wildfire Settlements Retroactively Tax Free, Tax Notes Federal (February 10, 2025).
Form 1099 Tax Reporting Guide for Lawsuit Settlements, by Robert W. Wood and Alex Z. Brown, Tax Notes Federal (February 3, 2025).