Categories: aggregated

The IRS is NOT Going to Play Ball with Cannabis Companies on 280E Tax Refund Checks – Get Ready for Penalties and Interest!

The Internal Revenue Service (IRS) will persist in pursuing tax payments from marijuana businesses that have taken deductions in anticipation of a potential federal rescheduling, according to a federal agency attorney. If such a reform is implemented, the attorney notes that the IRS could potentially be authorized to seize assets from cannabis companies that fail to meet their tax obligations.

Jason

Share
Published by
Jason

Recent Posts

The THC Myth: Why Twice the THC Doesn’t Mean Twice the High

Except the science keeps saying it isn't simple at all. The THC percentage is a…

6 hours ago

88% of Americans Support Legal Weed: The Poll Numbers Destroying Cannabis Stigma

New aggregated polls reveal that 55% of respondents believe marijuana is not dangerous, and a…

1 day ago

How to Maximize Cannabis Yield: 5 Croptober Myths & Proven Tactics

Every Croptober, growers waste time on folklore instead of physics. We break down the science…

2 days ago

Cannabis voter guide to the 2026 midterm elections

Leafly's 2026 cannabis voter guide for the midterms is the only plan you need to…

4 days ago

Harvest road trip 2026: Emerald Triangle genetics to watch

Come along on an Emerald Triangle road trip with Lindsay MaHarry to see some of…

5 days ago

The DEA Approved an Ayahuasca Church—Can You Start a Cannabis Religion?

This month an Iowa church got what every sacramental-plant congregation dreams about: a path to…

5 days ago