On Jan. 23, the IRS released Office of Chief Counsel Memorandum Number 201504011, providing useful insight into the IRS chief counsel’s view of how businesses…
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IRC 280E
By Garrett Rudolph Nobody expected the legal marijuana industry to be easy. After all, making a living by breaking federal law generally doesn’t come with…
By Steven P. Fuhr Picture being in a business that collects tens of thousands of dollars in cash, daily. You have to transport all this…
By Todd Arkley Creating the financial accounts for your cannabis business can be confusing, especially with the restrictions of Internal Revenue Code 280E. Below are…