All of Mississippi now qualifies for expanded Hurricane Ida relief. Following the recent decision by the Federal Emergency Management Agency (FEMA) to add 63 counties to its October 22, 2021 disaster declaration, the IRS announced on November 17, 2021 that it is...
IRS Tax Relief
When Facing An IRS Tax Audit, How Do Marijuana Businesses Explain To IRS A Cash Stash Accumulated From The Past?
When Facing An IRS Tax Audit, How Do Marijuana Businesses Explain To IRS A Cash Stash Accumulated From The Past? With the proliferation of licensed cannabis businesses sprouting in the State Of California and a growing number of States, a lot of cannabis business will...
How To Know When You May Be A Target In An IRS Criminal Investigation
A simple mistake, oversight, or your accountant’s malpractice may trigger an IRS criminal investigation. Specifically, unreported income, mismatch of information on a tax return versus third-party reporting information, a false statement, the use of an impermissible...
Watch Out Cause The Tax Man Is Coming – IRS Focus On The Cannabis Industry
Watch Out Cause The Tax Man Is Coming - IRS Focus On The Cannabis Industry You should know that when the IRS wants to talk about a particular business sector that it is usually a sign that such business sector is identified as having a high potential for...
IRS Providing Resources To Help Cannabis Businesses Meet Their Tax Responsibilities
IRS Providing Resources To Help Cannabis Businesses Meet Their Tax Responsibilities You should know that when the IRS wants to talk about a particular business sector that it is usually a sign that such business sector is identified as having a high potential for...
IRS Expands Its Wave Of Tax Relief To More Victims Of Hurricane Ida
The IRS announced on August 31, 2021 that victims of Hurricane Ida that began on August 26, 2021 now have until January 3, 2022 to file various individual and business tax returns and make tax payments. This relief was announced with a focus on taxpayers in...
IRS Responds To Greater Number Of Victims Of Hurricane Ida With Tax Relief
The IRS announced on August 31, 2021 that victims of Hurricane Ida that began on August 26, 2021 now have until January 3, 2022 to file various individual and business tax returns and make tax payments. This relief was announced with a focus on taxpayers in...
IRS Provides Expanded Tax Relief For Victims Of Hurricane Ida
The IRS announced on August 31, 2021 that victims of Hurricane Ida that began on August 26, 2021 now have until January 3, 2022 to file various individual and business tax returns and make tax payments. This relief was announced with a focus on taxpayers in Louisiana...
IRS Provides Tax Relief For Victims Of Wildfires In California
The IRS announced on August 27, 2021 that victims of wildfires in California Ida that began on July 14, 2021 now have until November 15, 2021 to file various individual and business tax returns and make tax payments. IRS Tax Relief Details The IRS is offering this...
Is The IRS Finally Recognizing Cannabis As A Business Like Any Other?
Is The IRS Finally Recognizing Cannabis As A Business Like Any Other? You should know that when the IRS wants to talk about a particular business sector that it is usually a sign that such business sector is identified as having a high potential for non-compliance and...