by admin | Nov 5, 2024 | Tax Strategies for Cannabis Businesses
Navigating cannabis business tax deductions under 280E is uniquely challenging. IRS Code 280E, originally designed to prevent illegal drug traffickers from claiming tax deductions, now impacts legally operating cannabis companies across the U.S. Because cannabis...
by admin | Nov 4, 2024 | Tax Strategies for Cannabis Businesses
Cannabis businesses face unique challenges when it comes to tax deductions, largely due to IRS Code 280E. For companies operating in this space, understanding how to maximize allowable deductions without crossing compliance lines is crucial to reducing tax...
