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

You can give cryptocurrency as a gift and it doesn’t trigger income taxes. But the IRS is unlikely to be persuaded unless you document it.

Tax-Free Ways to Transfer Bitcoin and Other Crypto: Expert Take

Robert W. Wood

2018-02-17T08:29:00+00:00

76135

Expert Take

Every time you transfer crypto into fiat, you might trigger gain or loss.

Paying Tax in Crypto Ironically Triggers More Taxes - Expert Take

Robert W. Wood

2018-02-14T22:13:00+00:00

31938

Expert Take

Although there is not yet an IRS amnesty for Bitcoin and other cryptocurrency taxpayers, there still is one for offshore accounts.

How to Guarantee a More Predictable Tax Result Until IRS Has a Special Crypto Amnesty: Expert Blog

Robert W. Wood

2018-01-23T17:49:00+00:00

44448

New Year Special

Cryptocurrencies as property, interest for crypto loans and more from our expert tax lawyer.

Crypto Tax Tips To Start 2018 Right

Robert W. Wood

2018-01-07T20:22:00+00:00

107175

Expert Take

Downloading and exporting transactions in cybercoins or copying it all down can be of bright service when IRS makes it to the cryptoworld. What happens though i...

Are Bitcoin Tax Records Ever Optional With IRS? Expert Blog

Robert W. Wood

2017-12-25T18:47:00+00:00

60231

Expert Take

Using the example of Coinbase Robert Wood explained why cryptocurrency holders will not have any chance to stay in shadow.

IRS Bitcoin Hunt Ramps Up, But Tax Amnesty Could Follow: Expert Blog

Robert W. Wood

2017-12-10T13:50:00+00:00

56136

Trades between two cryptocurrencies may or may not qualify as nontaxable “like kind” exchanges, but new bill would nix that possibility.

House and Senate Tax Bills Kill Cryptocurrency “Like Kind” Exchanges: Expert Blog

Robert W. Wood

2017-11-30T02:16:00+00:00

46649

Expert Take

Cryptocurrency loans have their unique problems with taxes leading to some new challenges.

Cryptocurrency Loans: Are They Loans for Tax Purposes? Expert Blog

Robert W. Wood

2017-11-16T16:50:00+00:00

11910