Articles by Robert W. Wood

Forget This Tax Form, IRS Gets 24%

The Form W-9 certifies that the recipient is a U.S. citizen or tax resident and therefore is not subject to the onerous reporting and withholding obligations often required for payments to non-U.S. persons.

New IRS Tax Question: Can Yes Or No Trip You Up?

Tax savvy people may recognize it as similar to the foreign account question included on the Schedule B. The question could set you up for big penalties or even committing perjury for checking the wrong box as the  IRS intensifies its hunt for crypto tax cheats.