If You Can’t Beat Them, Join Them – Kentucky Legalizes Medical...

If You Can’t Beat Them, Join Them – Kentucky Legalizes Medical Cannabis! On March 31, 2023, Kentucky Governor Andy Beshear...

Why Taxpayers Involved In Offshore Accounts, Cryptocurrency Or Cannabis Should Be...

If you did not report your offshore accounts, cryptocurrency income or cannabis income earned before 2022, you should hold off on...

IRS providing tax relief for victims of severe Mississippi storms

The IRS announced on March 28, 2023 that March 24 and 25 Storm victims in parts of Mississippi now have...

IRS providing tax relief for victims of severe New York winter...

The IRS announced on March 24, 2023 that the December 23 to December 28, 2022 Storm victims in parts...

How Did Cannabis Fare In The Oklahoma March 2023 Special Election?

How Did Cannabis Fare In The Oklahoma March 2023 Special Election? On March 7, 2023, Oklahoma held a single-issue special...

How California Taxes Unlicensed Cannabis Cultivation 

How California Taxes Unlicensed Cannabis Cultivation  Just because California suspended the cultivation tax on cannabis, don’t think that as an...

U.S. Supreme Court Provides Relief From FBAR Penalties – What You...

In recent years the IRS has made the Report of Foreign Bank and Financial Accounts (FBAR) penalty enforcement a...

IRS and FTB providing tax relief for victims of severe winter...

New announcement extends tax deadlines to October 16, 2023. The IRS announced on January 10, 2023 that California storm victims...

Tax Planning For Businesses – What You Need To Know About...

Under prior law, a taxpayer generally can deduct business-related meal and entertainment expenses paid or incurred in entertaining a...

IRS Issues Guidance On Taxability Of State Tax Payments

On February 10, 2023 the IRS announced  the federal tax status involving special payments made by 21 states in...