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More Posts on Taxes
And the state is putting that money to good use.
Portland Mayor Ted Wheeler announced they will redirect $12 million from police budgets toward directly supporting communities of color.
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.
Cannabis companies are experiencing audits regularly. Noncompliant businesses will face years of litigation, significant legal fees and back taxes.
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.
An auspicious tax season awaits marijuana professionals who prepare with these three actionable tips.
The cannabis industry is like paying for a wedding. When you put "cannabis" in the name, everything costs more.
The cannabis windfall has become an annual event in Colorado.
Prohibitionists predict the same calamities every time legalization is proposed. None have come to pass anywhere.
Many ordinary risk management tools are unavailable to cannabis entrepreneurs because of federal prohibition.