Tag: CBT > IRS Code 280E Business: Page 4

Finance

What Does the Federal Tax Deadline Extension Mean for the Cannabis Industry?

CPA Dean Guske shares what businesses should be aware of in the wake of the government’s announcement that tax payments can be delayed until July 15 amid coronavirus concerns.

March 20, 2020

Legislation and Regulation

New Mexico Court Rules Medical Cannabis Producers Can Claim Tax Deduction

A state Court of Appeals ruling allows producers to claim a tax deduction for prescription medication, which could affect both patients’ costs and the state budget.

February 3, 2020

Interviews & Opinion

How Dispensaries and Cultivators Can Win at Taxes

Detailed records are key to success at tax time.

January 24, 2020

Cannabis Cultivation Tax

5 Tips to Overcome 280E Tax Code Hurdles

Tax experts offer insight into how cultivators can apply strategies to reduce their tax burden.

December 19, 2019

Finance

Harborside Inc. Announces Filing Appeal in Tax Case

The company continues its commitment to fighting Section 280E.

December 17, 2019

Finance

Harborside Inc. Receives Final Ruling by U.S. Tax Court on 280E

The U.S. Tax Court has ruled that the company owes an aggregate tax deficiency of approximately $11 million for the fiscal years 2007 through 2012.

October 21, 2019

Interviews & Opinion

Improving Your Cannabis Business’s Tax Strategy: A Q&A with Greenspoon Marder’s Rachel Gillette

Gillette, partner and chair of the firm’s Cannabis Law Practice, outlines ways to navigate 280E and avoid surprises on Tax Day.

March 7, 2019

Guest Column

Beyond 280E: Save More

Real estate and utility tax tips to help you minimize your tax load.

January 18, 2019

Legislation and Regulation

U.S. Tax Court Declines to Issue Penalties in Harborside 280E Case

The U.S. Tax Court has ruled that the California dispensary is not liable for accuracy-related 280E penalties.

December 27, 2018

Top Stories

26 Tax Tips You Need to Know

Accounting experts share insights to help your cultivation operation stay ahead of the curve.

December 4, 2018

Adult-Use Legalization Bill

Tax Court Reinforces IRS Code 280E in Harborside Ruling

Cannabis dispensaries are no different than drug traffickers in the eyes of the IRS, according to U.S. Tax Court.

December 3, 2018

Interviews & Opinion

How Family Offices Are Pushing Cannabis Businesses to New Levels of Growth

The cannabis industry is attracting the attention of deep-pocketed, risk-oriented investors. What does that mean for your business?

October 23, 2018