Advantages To Filing A 2019 Tax Return – Getting Money Due To You On March 25, 2020 the IRS issued a press release announcing a sweeping series of steps to assist taxpayers by providing relief on a variety of issues ranging from easing payment guidelines to...
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Why Taxpayers Involved In Offshore Accounts, Crypto Currency Or Cannabis Should Be Filing An Extension For Their 2019 Income Tax Returns
If you did not report your offshore accounts, crypto currency income or cannabis income earned before 2019, you should hold off on filing your 2019 taxes and instead file an extension. An extension is your way of asking the IRS for additional time to file your tax...
Don’t Think That COVID-19 Masks Illicit Cannabis Operators Or Their Landlords From Enforcement
Don’t Think That COVID-19 Masks Illicit Cannabis Operators Or Their Landlords From Enforcement It is a false sense of security to think that the COVID-19 pandemic will essentially terminate cannabis enforcement initiatives throughout California. Anyone conducting...
Can Cannabis Help People Improve HDL Cholesterol Levels?
Can Cannabis Help People Improve HDL Cholesterol Levels? The Center For Disease Control states that high cholesterol usually has no signs or symptoms. The only way to know whether you have high cholesterol is to get your cholesterol checked. The cholesterol test, or...
Beware That Soon IRS Will Be Unleashed And Fully Operational
Relief Under “The IRS People First Initiative” Expires July 15, 2020. IRS Coronavirus Tax Relief President Donald Trump declared the coronavirus pandemic a national emergency. Therefore, under Sec. 7508A, the declaration of an emergency under the Robert T. Stafford...
Can Cannabis Help People With Fibromyalgia?
Can Cannabis Help People With Fibromyalgia? According to the Center For Disease Control, Fibromyalgia affects about 4 million U.S. adults or about 2% of the U.S. adult population. The U.S. National Center for Biotechnology Information on June 4, 2020 released data ...
California Responding To COVID-19 With Relief For Cannabis Businesses
California Responding To COVID-19 With Relief For Cannabis Businesses On May 14, 2020 the three State Of California cannabis licensing authorities (The Bureau of Cannabis Control (BCC), California Department of Food & Agriculture (CDFA) and California Department...
Paycheck Protection Program Changes Are Here!
On March 27, 2020 President Trump signed the $2 trillion Stimulus Bill formally known as the Coronavirus Aid, Relief and Economic Security [CARES] Act (the “CARES Act”) to provide assistance to workplaces and employees. The CARES Act provides many benefits intended to...
How To Make Sure You Don’t Pay More Than What You Owe To The IRS
How To Make Sure You Don’t Pay More Than What You Owe To The IRS I have not yet anyone who does not mind paying more to the IRS than they are legally obligated to. In fact it is a basic right known enumerated in the Taxpayer Bill of Rights that taxpayers pay no more...
Attention Cannabis Businesses Dealing With Cash – Beware Of IRS Required Filings That If Not Followed Could Lead To Penalties And Jail-time
Attention Cannabis Businesses Dealing With Cash - Beware Of IRS Required Filings That If Not Followed Could Lead To Penalties And Jail-time While there is no law making it illegal to transact business with cash, the IRS has an interest in requiring parties to report...