Tax
Dec. 7, 2018
Tax opinions are more important than ever with new tax law
Tax opinions were always important. And with the massive tax bill that was passed almost a year ago, the situations in which to get one have ballooned.
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.
Tax opinions were always important. And with the massive tax bill that was passed almost a year ago, the situations in which to get one have ballooned. You don't want to just take tax positions without some backup, particularly if significant money is involved.
If you wait until you are audited, it is too late. What exactly is a tax opinion? First, you need to distinguish between tax opinions about your own situation from tax opinio...
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