Robert W. Wood, Senior Contributor

Author's posts

Embryos With Heartbeat Qualify As Dependents On Georgia Taxes

Georgia taxpayers can now list embryos as dependents on their tax returns if there is a detectable human heartbeat (which can occur as early as six weeks). The dependent personal exemption is worth $3,000.00 for each unborn child.

In UCLA $700M Sex Abuse Settlements, IRS Should Not Share

As UCLA pays $700M to victims, how will they be taxed? Sex abuse settlements to provide a limited form of redress are numbingly common, yet the way in which they are taxed remains cloudy. That means plaintiffs suffer more, paying tax or worrying if the…