Latest In: marijuana taxes

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
Chart explaining some of the IRS cannabis audit techniques

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
280E marijuana IRS marijuana taxes
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
california marijuana marijuana taxes
Marijuana business taxes

California marijuana firms face more state tax audits, millions of dollars in unpaid taxes

Three years after the launch of California’s legal marijuana market, cannabis tax experts warn the industry should expect…

News February 25
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Biden’s DOJ lawyers take IRS side in marijuana firm’s 280E fight

The Biden administration has weighed in on a U.S. Supreme Court marijuana petition, arguing that state-legal cannabis businesses…

News February 17
280E marijuana taxes
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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
280E irs marijuana taxes
marijuana taxes

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
IRS and marijuana marijuana taxes
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Here are seven ways marijuana businesses can survive an IRS audit

Cannabis companies should expect an uptick in IRS audits. A recent report by the Treasury Inspector General for…

News July 14
california marijuana marijuana taxes
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California marijuana excise tax to remain stable through 2020

The California state cannabis excise tax won’t go up in July as it did in January. The state…

News June 12
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