Taxes

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.

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