IRS Commissioner Shares Recommendations for Cannabis Businesses

A longtime Internal Income Service (IRS) formal participated in a current webinar wherever he made recommendations on how hashish enterprises can remain tax compliant. The IRS Commissioner of Tiny Organization/Self-Employment (SB/SE) Evaluation, De Lon Harris, participated in a PBC webinar on Wednesday, alongside PBC CEO and co-founder, Josh Radbod. There, he talked about the topic […]

Janet Yellen Says ‘Of Course’ Cannabis Companies Banking Billions Would Help IRS

By Maureen Meehan When Colorado Congressman Ed Perlmutter of the Residence Economic Providers Committee questioned Treasury Secretary Janet Yellen on Wednesday if she agreed that providing hashish providers obtain to U.S. financial institutions would facilitate tax selection by the IRS, she replied “Yes, of course it would.” No a person uncertainties that the IRS would […]

The Latest IRS Initiative Could Positively Impact Cannabis

The tax man is extending a valuable hand to cannabis organization owners, not something we would normally see for the hashish market.  In an announcement posted on its web page late very last month, the Inside Revenue Company unveiled its new “Cannabis/Marijuana Initiative,” billed as a “groundbreaking effort” by the company to aid these kinds […]