The Cultivator's Guide to Year-End Tax Planning – Cannabis Business Times

On: December 7, 2016

Cannabis Business TimesThe Cultivator's Guide to Year-End Tax PlanningCannabis Business TimesIRC 280E applies to all individuals and businesses who cultivate, transport, distribute and sell cannabis. IRC 280E permits the deduction of Cost of Goods Sold (COGS) and disallows selling and/or trafficking expenses – therefore resulting in a much …

Previous Post: Startup Launches Automated System It Claims Makes It Easy To Grow Marijuana At Home – Forbes

Next Post: Recreational Use and Sale of Marijuana in California: What Is and Is Not Permitted – JD Supra (press release)

Comments are closed, but trackbacks and pingbacks are open.