Biden’s DOJ lawyers take IRS side in marijuana firm’s 280E fight
The Biden administration has weighed in on a U.S. Supreme Court marijuana petition, arguing that state-legal cannabis businesses can be investigated by […]
Category: marijuana taxes
IRS puts 280E tax guidance for cannabis companies on back burner
Hoped-for guidance for cannabis companies affected by Section 280E of the federal tax code won’t be published anytime soon, an IRS attorney […]
IRS issues new tax-payment guidance for marijuana companies
To assist the national marijuana industry in paying its federal taxes, the Internal Revenue Service issued a series of guidance documents that […]
Here are seven ways marijuana businesses can survive an IRS audit
Cannabis companies should expect an uptick in IRS audits. A recent report by the Treasury Inspector General for Tax Administration puts a […]
California marijuana excise tax to remain stable through 2020
The California state cannabis excise tax won’t go up in July as it did in January. The state Department of Tax and […]
Companies, groups, churches push for lower California cannabis taxes
A coalition of marijuana companies, churches and advocacy groups is asking California Gov. Gavin Newsom for a temporary cut in the state’s […]