As a cannabis business, do you feel left out of the COVID-19 relief programs introduced in the past year and a half? Well, there may…
Tag:
Taxes
The cannabis business is busier than ever and with all the forms and paperwork required to run and maintain a successful business, one important tax…
So, you and your accountant or tax attorney have met with an IRS examining agent, and you’ve presented solid proof that they’re barking up the…
It’s hard enough running a cannabis business on a day-to-day basis. There’s employee relations and inventory management, software and systems, competitors, product selection and processing,…
In 1981, the IRS denied $30,341.69 in costs of goods sold (COGS) and business expenses reported by Minnesota drug seller Jeffrey Edmondson and determined a…
It’s the time of year when the birds begin to return, trees start to bud, flowers push fresh, green shoots through the thawing ground and…
Predictably, attempts to tracking and tracing software have instead created a chimera of regulation, big data and state-sanctioned monopolies.
When the California Bureau of Cannabis Control mandated that all marijuana products must go through a distributor before reaching retail shelves, many long-standing businesses balked…
Harborside, one of the most well-known and iconic cannabis dispensaries in the country, recently found itself on the wrong side of two U.S. Tax Court…
With tax deadlines rapidly approaching, I have received a flurry of questions from legal cannabis companies. Confusion around the tax code arises for many reasons,…