More Posts on Taxes
Here's How Cannabis Companies Can Find Solutions To IRS Tax Code 280E
The legal cannabis industry in the U.S. has long contended it is unfairly burdened by IRC §280E's disallowance of deductions for ordinary and necessary business expenses.
You Need Proper Accounting For Your Cannabis Business. Here's Why.
Cannabis companies are experiencing audits regularly. Noncompliant businesses will face years of litigation, significant legal fees and back taxes.
Marijuana Businesses Pay Taxes, But Can't Get Federal Disaster Relief
As things stand, marijuana companies can't apply for federal loan funds. That's also blocking them from getting any federal COVID-19 disaster relief money.
Three Ways Cannabis Businesses Can Save Money This Tax Season
An auspicious tax season awaits marijuana professionals who prepare with these three actionable tips.
How to Avoid Becoming Another California Cannabis Casualty
The cannabis industry is like paying for a wedding. When you put "cannabis" in the name, everything costs more.
Are There Any Downsides to Marijuana Legalization? Not so Far.
Prohibitionists predict the same calamities every time legalization is proposed. None have come to pass anywhere.
How Risk Management Can Make Marijuana Businesses Bulletproof (or at Least Bullet Resistant)
Many ordinary risk management tools are unavailable to cannabis entrepreneurs because of federal prohibition.
3 Compliance Considerations for Multi-State Cannabis Businesses
Navigating regulations in more than one state is like navigating a three-dimensional labyrinth.