Robert W. Wood

Robert W. Wood is a tax lawyer representing clients worldwide from offices at Wood LLP, in San Francisco. He is the author of numerous tax books and writes frequently about taxes for Forbes.com, Tax Notes, and other publications.

Author’s posts

Expert Take
The new law redefines "cash" to include "any digital representation of value" including cryptocurrency, but in an anonymous system, is this going to work?
Things to know (and fear) about new IRS crypto tax reporting
Robert W. Wood
2021-12-04T18:21:00+00:00
37090
Expert Take
More crypto tax enforcement is coming, and many taxpayers are complying going forward, and amending prior returns if they have something to clean up.
The major tax myths about cryptocurrency debunked
Robert W. Wood
2021-10-30T17:18:00+01:00
16233
Expert Take
Most transfers of cryptocurrency are taxable, unless the transfer is qualified as a gift or a charitable contribution.
Get a passport, pay crypto, live tax-free?
Robert W. Wood
2021-07-22T16:25:00+01:00
15371
Expert Take
The U.S. authorities are becoming seriously interested in crypto, making unreported crypto more dangerous.
More IRS crypto reporting, more danger
Robert W. Wood
2021-06-11T16:12:00+01:00
13508
Expert Take
The recent John Doe summons developments indicate that the IRS is seriously interested in crypto — better to report than to be audited.
More IRS summonses for crypto exchange account holders
Robert W. Wood
2021-04-18T17:17:00+01:00
51951
New Year Special
Just remember, the IRS is quite interested in crypto and is taking steps to unearth those who do not report.
Crypto taxes, reporting and tax audits in 2021
Robert W. Wood
2020-12-28T18:27:00+00:00
36867
Expert Take
Since the time Ethereum was born, the crypto-tax landscape has dramatically changed, and that is where we are now.
IRS Tax Warnings on Ethereum’s Fifth Anniversary
Robert W. Wood
2020-08-05T16:23:00+01:00
9251
Expert Take
Disclosure sounds like it exposes you to extra IRS audit risk, but if it’s done properly, disclosure can actually reduce your risk.
Crypto Tax Disclosures Can Help With Internal Revenue Service
Robert W. Wood
2020-07-21T17:00:00+01:00
4310

Follow us on Facebook