A primer on marijuana-related IRS terminology
Here are explanations of terminology the IRS uses in relation to marijuana-related tax issues.
News April 12
Latest In: 280E
California medical cannabis dispensary owes $4.2 million, US Tax Court rules
A subsidiary of California-based cannabis retailer Harborside must pay nearly $4.2 million in back taxes and penalties after…
News February 18
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…
News January 29
CA cannabis firm seeks US Supreme Court ruling on $1.3 million tax case
A California cannabis business is taking its fight over a $1.3 million tax bill to the U.S. Supreme…
News January 29
Denver medical cannabis dispensary takes 280E appeal to Supreme Court
A Colorado medical cannabis dispensary is asking the U.S. Supreme Court to review a lower-court decision that allowed…
News November 10
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…
News September 11
Cannabis retailer Harborside appeals 280E tax ruling, but will it prove fruitful?
Oakland, California-based marijuana retailer Harborside is returning to court again to argue that Section 280E of the federal…
News June 3
Cannabis industry remains ‘stuck’ on tax issues, former IRS attorney says
When Nick Richards talks about tax issues that impact the marijuana industry, cannabis business owners need to listen.
News May 3
IRS report foreshadows national uptick in cannabis audits but offers a big loophole, experts say
A new report from a branch of the U.S. Treasury Department confirms the Internal Revenue Service is preparing…
News April 3Featured
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