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Tax

Jun. 7, 2024

An expert witness on taxes?

Tax professionals can play a vital role in clarifying the taxation of damages and legal fees, assessing tax gross-up assertions, unraveling complexities in tax-related investments, and pinpointing tax reporting inaccuracies.

Robert W. Wood

Managing Partner, Wood LLP

333 Sacramento St
San Francisco , California 94111-3601

Phone: (415) 834-0113

Fax: (415) 789-4540

Email: wood@WoodLLP.com

Univ of Chicago Law School

Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.

Shutterstock

Everyone pays taxes, or at least they are supposed to. The annual trudge up to April 15 can be an unforgiving one, but there’s always extensions, right? Yes, but extensions give you a six-month reprieve on signing and filing your return; they do not extend the time for payment. Yet even determining how much to pay can be fraught with uncertainty.

Fundamentally, our tax system is based on self-assessment. You are supposed to determine yours...

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