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May 24, 2016

What is a proven strategy that allows state-sanctioned marijuana businesses to sidestep the negative tax impact of 280E? Unfortunately, cannabusinesses cannot be exempt under LR.C. 501(C) because of the “public policy doctrine” that prevents charities from having reaso...

May 3, 2016

Companies cannot make deductions disclosing unlawful money management when to allow such deductions would hurt the national or state policy that prohibits the alleged actions. Federal law implies that Congress can enforce certain provisions that restrict deductions in...

May 3, 2016

A company that is setting up a non-profit Mutual Benefit Corporation should obtain a seller's permit if the firm is going to sell or lease products at wholesale or retail levels for which they will have to collect sales tax. All firms must file their BOE which is the C...

March 8, 2016

States that sell cannabis legally in the United States are tightly controlled by the federal government and the fed has required that Cannabusinesses detail every aspect of the process from cultivation to the distribution of the plant. Cultivators must preserve an accu...

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