• View detailsArticle

    Firm Partner, Josh Ungerman was quoted in a Tax Notes article published on August 27, 2024...

  • View detailsPresentation

    Tax Rep. Network Webinar...

  • Conference

    2024 Meadows Collier Annual VIRTUAL Tax Conference...

  • View detailsFirm News

    Ten Firm Lawyers Recognized on the 2024 Texas Super Lawyers List...

VIEW MOST RECENT
 
 
 
 
 
 
View All
     
Showing 3 of 10

Meadows, Collier, Reed, Cousins, Crouch & Ungerman, L.L.P.

901 Main Street, Suite 3700
Dallas, TX 75202

Phone: (214) 744-3700
Fax: (214) 747-3732
Toll Free: (800) 451-0093

submit inquiry
Mary E. Wood

Ms. Wood’s practice concentrates on resolving federal and state tax controversies, and white collar crime such as securities, tax and bank fraud. She represents individuals, closely-held businesses, and large corporations in IRS audits, appeals, and litigation in the United States Tax Courts, Federal District Courts and United States Court of Federal Claims.  Ms. Wood also represents taxpayers in disputes with the Texas Comptroller of Public Accounts and other state tax agencies.  Ms. Wood represents individuals and entities in business disputes and lawsuits involving fraud, breach of contract, breach of fiduciary duty, deceptive trade practices act violations, non-compete violations, business torts, and other commercial disputes.

Ms. Wood was quoted in the article, "Texas Oil Driller Settles $618M IRS Dispute in Tax Court" by David Hansen in Law360 on January 19, 2018.  She was also quoted in the article, "Self-Serving Concessions and Penalty Avoidance", in Tax Notes on March 26, 2012.

Prior to joining the firm in 2006, she was a litigation associate with a Texas law firm.

Ms. Wood was admitted to practice in Texas in 2004.

D Mag Best Lawyers 2024
Best Lawyers 2022
Best Lawyers 2023
Best Lawyers 2024
Best Lawyers 2025
Texas Super Lawyers 2024 Badge

  • University of Texas School of Law, J.D., with honors, 2004
    • Member, Texas Journal of Business Law
  • Texas A&M University, B.B.A., Accounting, 2001
  • American Bar Association
  • State Bar of Texas
    • Volunteer Attorney, Section of Taxation, State Bar of Texas Tax Court Pro Bono Program
  • Dallas Bar Association
  • Dallas Association of Young Lawyers (DAYL)
  • Dallas Women Lawyers Association
    • Member
  • American College of Tax Counsel
    • Fellow
  • Attorneys Serving the Community
    • Member
  • United States Tax Court
  • United States Court of Federal Claims
  • United States District Court for the Northern District of Texas
  • United States District Court for the Southern District of Texas
  • United States District Court for the Eastern District of Texas
  • United States District Court for the Western District of Texas
  • Texas Super Lawyers-Tax as listed in Texas Super Lawyers Magazine, 2024
  • Texas Rising Stars, as published in Texas Monthly and in Texas Super Lawyers - Rising Stars Edition and on the web at superlawyers.com, Tax-2013-2019
  • Best Lawyers Under 40, D Magazine, 2017
  • The Best Lawyers in America®, 2021-2025, Tax Law
  • Best Lawyers iin Dallas, D Magazine, 2024, Tax: Litigation
  • Ms. Wood was quoted in the Tax Notes article, "Court Denies Request to Lift ERC Processing Moratorium," published on August 1, 2024 by Lauren Loricchio.
  • Ms. Wood was quoted in the Tax Notes article, "Address ERC Backlog, Taxpayer Advocate Urges," published on June 27, 2024 by Lauren Loricchio.
  • On May 7, 2024, Forbes posted Ms. Wood's podcast transcript from the Tax Notes Talk podcast, "ERC Updates: Handling the Flood of Improper Claims," published on May 2, 2024.
  • Ms. Wood was a guest speaker on the Tax Notes Talk podcast published on May 2, 2024. The episode is titled, "ERC Updates: Handling the Flood of Improper Claims."
  • Ms. Wood was quoted in the Tax Notes article, "ERC Abuse Revives Debate Over Contingency Fees," on March 12, 2024, by Lauren Loricchio.
  • Ms. Wood was quoted in the Tax Notes article, "Tax Deal Would Bring ERC Claims to Earlier End and Curb Abuses," on January 17, 2024, by Lauren Loricchio.
  • Ms. Wood was quoted in the Tax Notes article, "IRS Launches ERC Voluntary Disclosure Program," on December 22, 2023, by Lauren Loricchio.
  • Ms. Wood was quoted in the Tax Notes article," Training Docs Suggest IRS Is Focused only on Most Serious ERC Fraud," by Lauren Loricchio on May 22, 2023.
  • Ms. Wood was quoted in the Tax Analysts article, "Mann Construction Plaintiffs Take IRS Back to Court," published on March 23, 2022, by Kristen Parillo.
  • Ms. Wood was quoted in the Tax Analysts article, "Court Vacates IRS Microcaptive Notice," by Kristen Parillo on March 22, 2022.
  • Ms. Wood was quoted in the Tax Analysts article, "Be Patient on Reportable Transaction Penalties, Attorneys Say," by Kristen A. Parillo on February 2, 2022.
  • Ms. Wood was quoted in the Law360 article, "Texas Oil Driller Settles $618M IRS in Tax Court," on Jan. 19, 2018.
  • Ms. Wood was quoted in the Tax Notes article, "Self-Serving Concessions and Penalty Avoidance," on May 26, 2012.
October 23, 2024

TXCPA Permian Basin CPE Expo... [ read ]

May 23, 2024

TXCPA East Texas CPE Expo... [ read ]

May 10, 2024

TXCPA Dallas Convergence 2024... [ read ]

February 15, 2024

2024 South Plains Trust and Estate Council... [ read ]

January 20, 2024

ABA 2024 Midyear Tax Meeting... [ read ]

October 25, 2023

TXCPA Central Texas Member's CPE Expo... [ read ]

August 29, 2023

2023 Panhandle Chapter/TXCPA Tax Institute... [ read ]

August 20, 2023

TXCPA Summit 2023 Pre-Conference Workshop... [ read ]

May 24, 2023

2023 Texas Bank and Trust - Longview, TX... [ read ]

May 17, 2023

2023 Texas Bank and Trust, Tyler, TX... [ read ]

March 23, 2023

Council of Petroleum Accountants Societies (COPAS) Meeting... [ read ]

May 25, 2022

Texas Bank and Trust Taxation and Estate Planning Update for Professionals... [ read ]

May 10, 2022

Texas Bank and Trust Taxation and Estate Planning Update for Professionals... [ read ]

February 1, 2022

American Bar Association Virtual Midyear Tax Meeting... [ read ]

November 18, 2021

The Practice Management Group November Webinar... [ read ]

November 4, 2021

15th Annual Taxpayer Representation Super Conference... [ read ]

October 28, 2021

Texas Management Group (TMG) Conference... [ read ]

June 9, 2021

Tax Alliance Conference 2021... [ read ]

June 1, 2021

37th Annual Texas Federal Tax Institute Virtual Conference... [ read ]

December 15, 2020

TXCPA CPE Expo Webcast... [ read ]

August 28, 2020

38th Annual Course Tax Law 2020: A Practical Guide to Tax Law in the Real World - Day Two... [ read ]

January 28, 2020

Henry & Peters In-House Presentation... [ read ]

December 13, 2019

TXCPA 2019 CPE Expo - Irving... [ read ]

December 10, 2019

TXCPA 2019 CPE Expo - Houston... [ read ]

December 3, 2019

TXCPA 2019 CPE Expo - San Antonio... [ read ]

November 22, 2019

6th Annual 2019 New England IRS Representation Conference... [ read ]

November 5, 2019

21st Annual Meadows Collier Tax Conference... [ read ]

October 5, 2019

ABA Tax Section, 2019 Fall Tax Meeting... [ read ]

September 24, 2019

Metroplex Practice Management Group (MPMG) 2019... [ read ]

August 28, 2019

Partnership Tax Audit and Collection Rules Including Final Reproposed Regulations... [ read ]

August 1-2, 2019

TexasBarCLE 37th Annual Advanced Tax Law Course cosponsored by the Tax Section of the State Bar of Texas... [ read ]

June 20, 2019

11th Annual NYU Tax Controversy Forum... [ read ]

May 22, 2019

Central Texas Chapter/TXCPA CPE Expo... [ read ]

May 10, 2019 - May 11, 2019

Section of Taxation 2019 May Tax Meeting of the American Bar Association... [ read ]

January 19, 2019

2019 Midyear Meeting American Bar Association Section of Taxation... [ read ]

December 11, 2018

TSCPA 2018 CPE Expo - Houston... [ read ]

December 4, 2018

TSCPA 2018 CPE Expo - San Antonio... [ read ]

November 30, 2018

TSCPA 2018 CPE Expo - Dallas... [ read ]

November 1, 2018

2018 Meadows Collier Annual Tax Conference... [ read ]

October 6, 2018

2018 Fall Tax Meeting: ABA Section of Taxation and Real Property & Estate Law, Trust and Estate Division... [ read ]

August 24, 2018

Texas Women Rainmakers... [ read ]

October 24, 2017

2017 Meadows Collier Taxation Conference... [ read ]

August 18, 2017

SBOT Advanced Tax Law Course... [ read ]

April 20, 2017

South Plains Trust and Estate Council... [ read ]

October 25, 2016

18th Annual Meadows Collier Tax Conference... [ read ]

June 17, 2016

IRS Enforcement Update Panel... [ read ]

November 18, 2015

Government Audit Webcast State Bar of Texas... [ read ]

November 3, 2015

2015 Meadows Collier Taxation Conference... [ read ]

October 29, 2015

Strafford Continuing Education Webinar... [ read ]

April 24, 2015

First State Bank & Trust Seminar... [ read ]

December 11, 2014

"Ask The Experts: Top Tips in Criminal Tax Cases"... [ read ]

December 4, 2014

"Passive Activity and Hobby Loss Limitations: Withstanding an IRS Attack of Your Client's Outside Business Activities Under IRS Sections 469 and 183"... [ read ]

August 4, 2014

"Hobby Loss and Passive Activity Limitations"... [ read ]

August 1, 2014

"Unknowns Due to the Windsor Case"... [ read ]

June 6, 2014

"Hobby Loss and Passive Activity Limitations"... [ read ]

May 22, 2014

"Passive Activity and Hobby Loss Limitations: Withstanding an IRS Attack of Your Client's Outside Business Activities Under Sections 469 & 183"... [ read ]

May 8, 2014

"Passive Activity Limitations"... [ read ]

April 25, 2014

"Family Limited Partnerships"... [ read ]

January 23, 2014

"Tax Considerations in the Purchase and Sale of Closely Held Businesses"... [ read ]

May 16, 2013

"Using Family Limited Partnerships"... [ read ]

May 1, 2013

"Using Family Limited Partnerships"... [ read ]

May 8, 2012

"Making Ends Meet: Getting Paid Consistently and Ethically"... [ read ]

May 2, 2012

"Making Ends Meet: Getting Paid Consistently and Ethically"... [ read ]

May 18, 2011

"Don't Give Up on Family Limited Partnerships (FLPs)" "Differences Between Aggressive Tax Planning and Tax Fraud" "The Legislative and Admi... [ read ]

May 4, 2011

"Don't Give Up on Family Limited Partnerships (FLPs)" "Differences Between Aggressive Tax Planning and Tax Fraud" "The Legislative and Administrat... [ read ]

February 23, 2011

"Federal Tax Update"... [ read ]

April 5, 2024

Hobby Loss and Ranches – An Overview of Section 183... [ read ]

If a taxpayer undertakes an activity with the objective of making a profit, the expenses related to the activity are generally deductible and any excess losses related to the activity can be utilized in future tax years (subject to applicable net operating loss limitations). If the activity is deemed to be subject to the "hobby loss rules" of Internal Revenue Code Section 183, however, the expenses and losses related to the activity are generally disallowed. Much to the chagrin of taxpayers in farm and ranching businesses, the IRS often comes in after the fact in an examination and makes a determination that the farm and ranching activity is not engaged in for profit and, thus, subject to the punitive hobby loss limitations. A well thought out and thorough challenge to an IRS examination is imperative.

June 9, 2015

IRS and DOJ representatives made presentations at the NYU's Tax Controversy Forum in New York... [ read ]

On June 5th, a number of IRS and DOJ representatives made presentations at the NYU's Tax Controversy Forum in New York. The following were of interest.