Latest In: 280E

280E missouri taxes
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Missouri lawmakers pass bill to ease medical cannabis firms’ taxes

Doing business in Missouri could become less expensive for the state’s medical cannabis industry – provided the governor…

News May 24
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10 tips to help your marijuana business survive an IRS audit

Make no mistake, the U.S. Internal Revenue Service plays to win. And cannabis companies need to prepare accordingly…

News May 19
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US Supreme Court declines to hear $1.9 million 280E cannabis tax case

The U.S. Supreme Court on Monday refused to hear an appeal from two California-based cannabis companies that were…

News May 3
280E harborside marijuana taxes
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US appeals court denies cannabis firm Harborside’s bid to end 280E

A U.S. appeals court has rejected California-based Harborside's bid to stamp out Section 280E of the Internal Revenue…

News April 23
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The impact on cannabis company stocks if Section 280E is scrapped

No longer applying Section 280E of the Internal Revenue Code to the legal cannabis industry would be a…

News April 22
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IRS has spent years training agents on marijuana audits

The IRS has been training its agents for at least eight years in the finer details of auditing…

News April 14
280E marijuana taxes
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280E is a political weapon targeting marijuana companies, but there may be a fix

I’m angry. There are too many examples of innocent people suffering because of our nation’s politics and prejudices.…

News April 14
280E IRS marijuana marijuana taxes
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Confidential IRS marijuana guide details audit procedures for agents to follow

Marijuana industry tax experts have known for years the IRS was circulating among its agents a document akin…

News April 13
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A chart showing how due to IRS 280e rules traditional retailers bring home more income despite having the same expenses and revenue.

Newly released IRS documents detail efforts to collect taxes from marijuana companies under 280E

The IRS has been fixated on the state-legal marijuana industry for more than a decade, largely because it's…

News April 12
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