USDA Approves More States’ Hemp Production Plans Every five years, Congress passes legislation that sets national agriculture, nutrition, conservation, and forestry policy, commonly referred to as the “Farm Bill”. On December 20, 2018 President Donald Trump signed...
Twelve Illegal Cannabis Retailers Served Tax Warrants in Greater Los Angeles The California Department of Tax and Fee Administration (CDTFA) oversees the reporting and collection of taxes for the California cannabis industry. On July 8, 2020 the CDTFA announced that...
How To Handle Losses Due to Theft To Reduce California Cannabis Taxes and Sales & Use Tax With the recent wave of break-ins and robberies to local dispensaries in particular, cannabis business should not overlook this opportunity to save taxes. Cannabis Excise Tax...
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...
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 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? 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...
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? 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 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...
