Articles tagged with "IRS"
5 total articles - Page 1 of 1
Now the IRS Is Denying Nonprofit Status to Cannabis Industry GroupsSara Brittany Somerset - Published on March 29, 2018Read more
The tax agency already hampers state-legal companies with Rule 280E. Now it’s hitting industry associations, too.
280E Tax Reform Effort Still Alive, Senator SaysBen Adlin - Published on December 8, 2017Read more
A Colorado Republican behind the measure said he’s still promoting it as the House and Senate hammer out differences between their tax bills.
With Big Banks Absent, IRS Gears up for Flood of Tax CashChase Scheinbaum - Published on April 3, 2017Read more
For cannabis businesses looking to make timely payments to the tax man, a new program is a welcome gesture—even if it won’t actually help many people.
IRS Agent Sentenced to 2 1/2 Years for $20K Bribe From Cannabis CompanyLisa Rough - Published on May 14, 2016Read more
A judge called the agent’s conduct “a tremendous breach of public trust,” as well as “an affront to the United States, the IRS and all law-abiding tax payers.”
Courtroom Drama: Bribery, the IRS, and a Cautionary Cannabis TaleLisa Rough - Published on February 18, 2016Read more
A cautionary tale for cannabis businesses: What happens when a routine audit by the IRS goes awry, and what can a dispensary do about it?