This on-demand webinar covers strategies to challenge IRS Code Section 280E, focusing on maintaining deductions disallowed by 280E without reduction and amending tax returns to reclaim lost deductions. It will explore the regulatory framework supporting this approach and provide insights into challenging the constitutionality of 280E through legal cases like Canna Provisions. Additionally, it will cover utilizing Section 471(c) for capitalizing overhead costs into inventory and deducting them as cost of goods sold (COGS). This knowledge can help businesses avoid overpaying taxes and improve cash flow.
