On Jan. 23, the IRS released Office of Chief Counsel Memorandum Number 201504011, providing useful insight into the IRS chief counsel’s view of how businesses…
Tag:
IRC 280E
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By Garrett Rudolph Nobody expected the legal marijuana industry to be easy. After all, making a living by breaking federal law generally doesn’t come with…
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By Steven P. Fuhr Picture being in a business that collects tens of thousands of dollars in cash, daily. You have to transport all this…
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By Todd Arkley Creating the financial accounts for your cannabis business can be confusing, especially with the restrictions of Internal Revenue Code 280E. Below are…