Podcast appearances and mentions of Robert W Wood

Welcome to episode 6 of the American Overseas Podcast I'm Linda Mabelis and today I am talking about the impact of the US tax system on Americans Overseas as seen by tax professionals. We will be sharing opinions on short and long-term developments and hearing about cases about expats and accidental AmericansI will be talking with:Daan Durlacher, experience expert, and Robert W. Wood is often listed as a top 10 Tax lawyer for tax controversies and civil cases. Also a widely published author on Forbes and other renowned media. Mr. Wood is known for explaining and demystifying complex tax concepts.Please contact us with any questions you may have: support@americansoverseas.orgLinks:When are you considered a US person (and taxable)RSS feedWebsite Americans Overseas, Facebook, Twitter, LinkedinSubscribe: Apple Podcasts, Spotify, Postcastindex

Crypto taxes are gaining attention, and not just because assets like bitcoin and ethereum continue to make new all-time highs. Policymakers around the world have been debating the issue of crypto taxes and with relatively new types of crypto activity it can all be a bit confusing. Today's episode, Garrick Hileman - Blockchain.com Head of Research and visiting fellow at the London School of Economics - sits down with Robert W. Wood - a tax attorney based in SF - to discuss a range of crypto tax topics, including... -The history of crypto taxation and how it has evolved in the United States and internationally -How crypto is currently treated for tax purposes -And if Robert was granted one wish by the Internal Revenue Service what Robert would most like to see happen with crypto taxation Blockchain.com's 2020 Guide to US Crypto Taxes Robert W. Wood's Cointelegraph articles

Robert W. Wood is a Tax Attorney with more than 40 years of experience in his field. He has written more than 30 books on the subject of taxes and also writes regular columns for Forbes.com. When it comes to the PPP and taxes, there’s been some confusion on how business owners should classify this money on their tax return. Robert weighs in on the subject and what you need to be aware of coming in 2021.   Highlights: What is PPP? Who can apply and should apply for the PPP? Can the employer use the loan for whatever they want in their business? The complex answer is yes. If you do get the loan, put it in a separate account so you can accurately track where the money went. Originally, you had to spend 75% of the money on payroll. However, that has changed. How do you get your loan forgiven? Roberto clarifies a tax distinction between whether the PPP is counted as income or as a loan, and what to do when tax season comes around. The tax question everyone is asking: is the PPP money tax-deductible? Congress and IRS are in disagreement with how the PPP money should be deducted and whether businesses get the double tax benefit or not. What’s the best way to allocate the PPP money over the next 24-week period? Should it all go to payroll? Robert weighs in. If you don’t have your loan forgiven, you may have to pay the loan back at a 1% interest rate within five years. Robert’s final thoughts: Don’t get frustrated. It’s a challenging law everyone is navigating through.   Resources: Woodllp.com Have questions for Robert? Call him at 415-834-1800 Robert’s Forbes author page: Forbes.com/sites/robertwood/#7b18431072de

I'm sure everyone has received or maybe has not received a stimulus check. I wanted to do an episode on stimulus checks and what I did with mine. (I did not, I repeat did not buy a Chloe bag)In a @Forbes article by Robert W. Wood, Wood discusses who qualifies for a stimulus check and the parameters for receiving one. "Tax filers with adjusted gross income up to $75,000 for individuals and up to $150,000 for married couples filing joint returns will receive the full payment. For filers with income above those amounts, the payment amount is reduced by $5 for each $100 above the $75,000/$150,000 thresholds. Single filers with income exceeding $99,000 and $198,000 for joint filers with no children are not eligible." (Wood, 2020) Read more or Forbes.com or visit www.irs.gov for more insight on the CARES Act. Today, I'll reveal what I did with my stimulus check. You'll also hear about the organization we raised funds for our host @jasminelikepaul's birthday fundraiser and hear from @equip-her 's Executive Director. I'll also share why @iamtabitha is giving me life with these vegan recipes and how I'm keeping cute while quarantined with @lipbar and keeping my face clear with @urbanskinrx.Tell me how you are utilizing your stimulus check if you're eligible for one here. Partner with the Find and Sustain Podcast today! Your support allows us to continue to build more communities!Visit @equip_her on Instagram at www.equip-her.comEmail us at findandsustain@gmail.com to connect with Jasmine! As always keep finding and sustaining. Support the show (https://www.patreon.com/findandsustain)

Jason Hartman talks with Robert W Wood, Managing Partner of Wood LLP, about some of the ways business owners might be putting themselves at risk when dealing with employees. Robert is a corporate and individual tax attorney who has seen many businesses and people unknowingly commit tax crimes that come back to haunt them. He gives some advice on avoiding some of the more common issues he's seen. Robert has been ranked by United States Lawyer Rankings as one of the top 6 tax attorneys in the nation. Key Takeaways: [1:23] Are offshore accounts a no go nowadays? [3:45] Inadvertent ways people are breaking tax laws [4:46] Nearly all IRS criminal cases get started the same way [7:44] What should you do if the IRS Criminal Division knocks at your door? [10:09] How lawsuit settlements are handled under tax codes [12:00] Important tax things to keep in mind when you hire a freelancer [17:44] Having freelancers and full time employees doing the same job can put you on dicey legal ground Website: www.WoodLLP.com

Jason Hartman talks with Robert W Wood, Managing Partner of Wood LLP. Robert is a tax attorney who deals in matters both corporate and individual. He has been ranked by the US Lawyer Rankings as a Top 6 tax lawyer in the country. Jason and Robert discuss things people do with their taxes that might open them up to prosecution, and how to avoid turning your contractors into full time employees in the eyes of the law. Key Takeaways: [1:19] Should offshore accounts be avoided? [3:41] You could be unknowingly breaking the tax law [4:42] The main way IRS criminal cases come about [7:40] What to do if the IRS criminal division comes for you [10:05] How lawsuit settlements are seen in the eyes of the tax law [11:56] What you need to know, tax wise, about hiring freelancers [17:40] The dangers of having freelancers and employees doing the same jobs Website: www.WoodLLP.com

Robert W. Wood, tax attorney and expert on cross-border investing, discusses the pros and cons of renouncing U.S. citizenship if you live abroad? How does it affect taxation, Social Security payments, and estate planning, and will you be allowed to visit the United States again?

Considered to be one of the leading tax lawyers in the United States, Robert W. Wood has a nationwide tax practice based in San Francisco. The founder of Wood & Porter, a tax specialty law firm, Mr. Wood handles tax controversies, tax planning, and tax advantaged business transactions. He is a frequent expert witness concerning tax matters in litigation. Although his tax expertise is wide ranging, he is particularly well known for advising on the tax aspects of litigation recoveries and for handling independent contractor vs. employee controversies. A published authority and active speaker on many aspects of the federal income tax law, Wood has written more than thirty books and many hundreds of published articles. He contributes regular tax columns to Forbes and other publications.

There are important benefits for trial lawyers using a deferred compensation plan when it comes to their contingent fees. How does it work and are there any restrictions for plaintiff attorneys who want to structure their fees? Ringler Radio host, Larry Cohen is joined by co-host Doug Merritt and special guest, nationally recognized tax attorney Robert W. Wood from the firm of Wood & Porter in San Francisco, to discuss the requirements and answer the questions that could help trial lawyers manage their incomes.

Did you know you can structure the sale of your real estate property or your business? Join Ringler Radio host, Larry Cohen, head of NE Operations for Ringler Associates and James Brady, in charge of Ringler's Southern California operation, for the latest news on installment sales. The use of structures in the real estate market brings a whole new strategy to the settlement industry. Our special guest and nationally known expert is Attorney Rob Wood, from the Robert W. Wood Professional Organization in San Francisco. Attorney Wood is the premier expert in tax law and one of the few who truly understands installment sales. Find out all the details on this show!