Tax
Dec. 14, 2022
Should you get a tax opinion before filing taxes or only if audited?
If all the opinion accomplishes is preventing penalties, the client won’t be happy.
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.
As year-end approaches, it is nearly time to start preparing for the annual drudgery that leads up to tax filings. It can be a major time drain, not to mention financial crush, for individuals and for businesses. It can even bring on some hand-wringing and frayed nerves. Even among sophisticated businesspeople, the topic of tax opinions can prompt puzzling responses.
Should you get one? Why, and under what circumstances? And when should yo...
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