Saturday, December 21, 2024

IRS

News

Is Medical Marijuana Tax Deductible? IRS Provides Clarity

Benzinga Staff Writer -
With tax season upon us, confusion over whether medical marijuana is tax-deductible has come up.
News

Janet Yellen Says ‘Of Course’ Cannabis Companies Banking Billions Would Help IRS

Benzinga Staff Writer -
No one doubts that the IRS would also love to have the cannabis industry’s billion-dollar revenue streaming into its coffers.
Cannabusiness

Cannabis Companies And Taxes: Advice From The IRS

Benzinga Staff Writer -
Here is what the 159-year-old government body that was basically set up to fund the Civil War has to say to cannabis companies about paying their taxes.
Cannabusiness

The IRS Comes Clean On Marijuana And Cryptocurrency Taxation

Terry Hacienda -
The IRS is now formally doing events to discuss marijuana and crypto taxation
News

Here’s When You Can Expect Your $600 Stimulus Check

Maria Loreto -
The second round of stimulus checks have been approved by Congress. Here's when you'll get yours.
Marijuana Legislation

The Federal Government Doesn’t Need To Legalize Weed

Mike Adams -
Some data shows that nationwide legalization would create around 1 million jobs and contribute hundreds of billions in federal tax revenue.
Cannabis

Does IRC Section 280E Apply To Industrial Hemp?

Daniel Shortt -
Under cannabis taxation, does IRC section 280E apply to industrial hemp? As we discussed recently, the US Court of Appeals for the 9th Circuit in...
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