Tax
Jul. 16, 2020
Tax return disclosures and why taxpayers should consider them
Tax advisers use the term “disclosure” frequently. Occasionally, taxpayers do too, although they may not understand how or why they or their tax advisers are discussing this serious sounding term. It can sometimes have a negative connotation. Without knowing exactly why, most people do not want to ‘‘disclose’’ unless they must.
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 advisers use the term "disclosure" frequently. Occasionally, taxpayers do too, although they may not understand how or why they or their tax advisers are discussing this serious sounding term. It can sometimes have a negative connotation. Without knowing exactly why, most people do not want to ''disclose'' unless they must.
After all, discretion and privacy sound so much better. You may not know what disclosure really means or w...
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