California Now Allowing Free Cannabis To Qualified Medicinal Patients.

California Now Allowing Free Cannabis To Qualified Medicinal Patients. The Bureau Of Cannabis Control has confirmed that beginning March 1,...

Better Late Than Never; What High Income Taxpayers Should Know About...

How To Handle Late Tax Returns? Every year, about 7 million taxpayers miss tax deadline or fail to file their...

Proposed Treasury Regulations Issued On Deducting Business Meals

The Tax Cuts And Jobs Act Of 2017 (“TCJA”) was signed into law by President Trump on December 22,...

President Trump Seeking To Prosecute Legalized Adult-use Marijuana Businesses

President Trump Seeking To Prosecute Legalized Adult-use Marijuana Businesses On June 20, 2019, the House of Representatives voted to...

Why Is Taxation Related To Cannabis Businesses So Complicated?

Why Is Taxation Related To Cannabis Businesses So Complicated? Beware 2020 Could Be A Banner Year For IRS Audits Of...

Are You Affected By The December 2019 Puerto Rico Earthquakes? IRS...

The IRS announced on January 17, 2020 that victims of earthquakes that took place beginning on December 28, 2019 in...

Attention California Cannabis Businesses: New Cannabis QR Code Regulations Are In...

Attention California Cannabis Businesses: New Cannabis QR Code Regulations Are In Effect Following the recent announcement of the Bureau Of...

Tips For Cannabis Businesses To Prepare for Tax Season And IRC...

Tips For Cannabis Businesses To Prepare for Tax Season And IRC Sec. 280E On January 6, 2020, the Internal Revenue...

Could California Finally Get Cannabis Tax Reform?

Could California Finally Get Cannabis Tax Reform? In a previous blog we reported that the California Department of Tax and...

When Facing An IRS Tax Audit, How Do Marijuana Businesses Explain...

When Facing An IRS Tax Audit, How Do Marijuana Businesses Explain To IRS A Cash Stash Accumulated From The...