Categories: aggregated

The IRS Goes Super Weed Friendly….Wait, What?

The IRS has made the announcement of its new initiative to help cannabis owners navigate the troubling waters of the US tax code. The major issues that have plagued the relationship of the IRS and cannabis companies in the past have always been on compliance and non-compliance and this new initiative looks set to address that. The expected effect of this is to foster proper filing and payment by all firms in the industry involved in the production, sales, and distribution of cannabis products.

Jason

Share
Published by
Jason

Recent Posts

Cannabis Rescheduling Could Happen Today. Don’t Call It Legalization.

The Trump administration is preparing to move cannabis from Schedule I to Schedule III of…

6 hours ago

Are The Feds Finally Going To Let Medicare Cover CBD and Even THC?

Based on the ruling, products that are legal federally as well as at the state…

6 hours ago

Cannabis Through the Ages: What Humanity Knew for Millennia — and What Prohibition Made Us Forget

The drug’s history of healing and experimentation stretches from ancient China to American counterculture —…

1 day ago

High Times And Last Prisoner Project Launch Ongoing Partnership To Fight For Cannabis Prisoners

The new partnership will spotlight the stories of people still behind bars for cannabis, support…

1 day ago

Colombia to Cull Dozens of Hippos: From Pablo Escobar’s Pets to a Chronicle of a Death Foretold

Colombia is moving forward with a controversial plan to euthanize dozens of invasive hippos descended…

1 day ago

The Extinction of the Real: How Traditional Hashish Vanished While the Modern Market Looked Away

Imported hashish sustained mountain economies for centuries—until modern legalization and market economics erased it almost…

1 day ago