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Articles tagged with "IRS"

4 total articles - Page 1 of 1

  • Now the IRS Is Denying Nonprofit Status to Cannabis Industry Groups

    Sara Brittany Somerset - Published on March 29, 2018

    The tax agency already hampers state-legal companies with Rule 280E. Now it’s hitting industry associations, too.

    Read more
  • With Big Banks Absent, IRS Gears up for Flood of Tax Cash

    Chase Scheinbaum - Published on April 3, 2017

    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.

    Read more
  • IRS Agent Sentenced to 2 1/2 Years for $20K Bribe From Cannabis Company

    Lisa Rough - Published on May 14, 2016

    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.”

    Read more
  • Courtroom Drama: Bribery, the IRS, and a Cautionary Cannabis Tale

    Lisa Rough - Published on February 18, 2016

    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?

    Read more


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