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

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

15098

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

13157

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

51750

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

36724

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

9153

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

4262

Expert Take

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

Robert W. Wood

2020-06-15T18:00:00+01:00

3827

Expert Take

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

Robert W. Wood

2020-04-20T19:48:00+01:00

13564