Treasury Inspector General Targets The Cannabis Industry Recommending Increased Tax Compliance Action On March 30, 2020, the Treasury Inspector General For Tax Administration (TIGTA) released a report to the IRS pointing them toward targeting the state-licensed...
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State Of California Responding To COVID-19 With Tax Relief
State Of California Responding To COVID-19 With Tax Relief FTB Coronavirus Tax Relief The California Franchise Tax Board (“FTB”) has established a special section focused on steps to help taxpayers, businesses and others affected by the coronavirus and as information...
Does Smoking Cannabis Put You at Higher Risk for the Coronavirus?
Does Smoking Cannabis Put You at Higher Risk for the Coronavirus? A report issued by the World Health Organization states that tobacco and waterpipe could increase the risk of suffering from COVID-19. The report recognizes that tobacco use is the most important...
How A Business Impacted By COVID-19 Claims The IRS Employee Retention Credit
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 Claim Your Economic Impact Payment Under The Coronavirus Aid, Relief and Economic Security Act
How To Claim Your Economic Impact Payment Under The Coronavirus Aid, Relief and Economic Security Act 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...
Cannabis Businesses Deemed “Essential” in California Under COVID-19 Orders
Cannabis Businesses Deemed “Essential” in California Under COVID-19 Orders In an effort to “flatten the curve” of this coronavirus pandemic, state & local governments are taking unprecedented measures to stop dine-in restaurant service, close gyms and movie...
Coronavirus Aid, Relief and Economic Security Act – Part 2: Businesses
Coronavirus Aid, Relief and Economic Security Act – Part 2: Businesses 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...
Coronavirus Aid, Relief and Economic Security Act – Part 1: Individuals
Coronavirus Aid, Relief and Economic Security Act – Part 1: Individuals 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...
IRS Responding To COVID-19 With “The IRS People First Initiative” For Examination And Collection Tax Relief
IRS Responding To COVID-19 With “The IRS People First Initiative” For Examination And Collection Tax Relief IRS Coronavirus Tax Relief The IRS has established a special section focused on steps to help taxpayers, businesses and others affected by the coronavirus and...
California Cannabis Businesses Coping With COVID-19
California Cannabis Businesses Coping With COVID-19 State & local governments are taking unprecedented measures to stop dine-in restaurant service, close gyms and movie theaters, and ban or limit all gatherings to fight the spread of the coronavirus. What remains...