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Tax

Feb. 12, 2020

Remember penalties of perjury when preparing your tax returns

With over half of our returns being prepared by someone else, it is no wonder that many taxpayers may feel tempted to not even look at their tax returns.

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.

Most people don't prepare their own tax returns and look to professionals. The IRS statistics bear this out. According to IRS data, most U.S. taxpayers used paid preparers. In fact, even members of congress who debate and pass the tax laws generally do not -- or cannot -- prepare their own tax returns. That's hardly a surprise given how terribly complex taxes are. Despite repeated claims of simplification, the government has done an awfully poor job of simplifying any...

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