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IRS publicizes updated tax-payment guidance for cannabis companies

IRS publicizes updated tax-payment guidance for cannabis companies

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 18, 2020

An online resources page dedicated to the legal cannabis industry has been published by the Internal Revenue Service (IRS). The primary goal of this cannabis tax payment guidance – which was prompted...

https://www.ecosia.org/images?q=Alpenglow+Botanicals#id=9D168176FEB7A535782A866F528CA2F6E33EC7E7

U.S. Supreme Court rejects 280E cannabis tax case filed by dispensary owners in Colorado

The owners Alpenglow Botanicals dispensary in Colorado must pay $53,094 to the IRS due to confusion regarding tax code 280E
Bethan Rose Jenkins, Cannabis News Writer/Editorial July 15, 2019

Entrepreneurs involved in the cannabis industry still face a number of obstacles, such as cannabis banking woes and tax burdens. For the owners of one medical cannabis dispensary in Colorado, confusion...

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