Cannabis Taxpayers, the IRS is Here to Help December 27, 2021 AggregatedNews Taxes 0 Comments by Nathalie Bougenies, Attorney @ Harris Bricken For the past year, the Internal Revenue Service (IRS) has directed its attention to the cannabis industry– in a helpful way! This includes promulgation of cannabis tax guidelines as well as webinars and… Read More→
IRS Sweetens The Pot With New Marijuana Industry Web Page September 15, 2020 AggregatedNews Policy & Legal 0 Comments Not sure that things are changing in the tax and legal worlds? Here’s proof that it is: The Internal Revenue Service (IRS) has released a new marijuana business webpage to help business owners understand and meet their tax responsibilities. That’s… Read More→
Cannabis industry in regulatory crosshairs May 6, 2020 AggregatedNews Compliance and Regulations 0 Comments A recent U.S. Department of Treasury Inspector General report suggests that an increase in tax enforcement measures for the legal marijuana (cannabis) industry are imminent, with or without a corresponding increase in IRS guidance. The legal cannabis industry has expanded… Read More→
How Do I Pay My Tax Without A Bank Account? and How Do I Avoid the 10% IRS Cash Tax Payment Penalty? June 4, 2018 Joe Bailey Banking, Finance & Real Estate 1 Comment Part I. How Do I Pay My Tax Without A Bank Account? So you have already done the impossible... you started a cannabis company, it is operating, AND it is making a tax profit. First off, congrats! Now, how exactly… Read More→