What to do when you receive a tax notice
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Tax Law Resources

Entries in tax law (2)

Tuesday
Mar302010

The Tax Lawyer Robert Wood... "Ten Tax Tips For Stock Options"

If your company offers you restricted stock, stock options or certain other incentives, listen up. There are huge potential tax traps. But there are also some big tax advantages if you play your cards right.

Tax Lawyer Rob Wood discusses his article in Forbes.

Wednesday
Feb032010

Tax lawyer Rob Wood discusses his Forbes article "Ten tips on deducting your hobby"

Robert Wood

(Forbes) Will the IRS pay for your hobby? The short answer is: No. But the more nuanced answer is: "Yes, Uncle Sam will sometimes subsidize your hobby." If, that is, you make it into enough of a real business.

If you want to avoid any IRS hassles, my standard advice is to keep business and personal pursuits purely separate.

Read the article pdf

Scott Drake talks with tax law expert Rob Wood.

 

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