Tax
Apr. 7, 2022
A slap can have tax consequences
In an audit, if you can hand the IRS a settlement agreement that is explicit about taxes, it might be enough to make the IRS walk away.
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.
Whether you are in Hollywood or on Main Street, it’s hard not to pay attention to what movies are nominated for Oscars and what wins. The awards may not come with a cash stipend, but the statuettes translate into dollars all the same, impacting box office receipts, sequels and other future movie deals, and careers. And then there is all the glitz and glamor. And this year there was drama too. There was the slap, and its repercussions may not be over for some time.
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