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.
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
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
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
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
The Internal Revenue Service has already changed its deadlines to July 15, so if you are not ready to file your crypto taxes in a month, you should ask for an e...
Crypto Taxes Are Due July 15, but Be Careful — You May Need More Time
In response to the coronavirus pandemic, the IRS is updating some important guidelines and procedures to make them easier.
Congress and IRS Virus Relief Allow Loss Carrybacks, Tax Refund Claims
In response to the coronavirus pandemic, the IRS is taking some important measures but taxpayers could be under threat.
Non-Stimulus Tax Rules You’ll Need This Year