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How COVID-19 And Underfunding Impacts IRS Operations And Increases Tax Problems For Taxpayers.
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How COVID-19 And Underfunding Impacts IRS Operations And Increases Tax Problems For Taxpayers.
As required by law, once a year the Taxpayer Advocate’s…

Why In 2021 Is Taxation Related To Cannabis Businesses So Complicated?
Beware 2021 Could Be A Banner Year For IRS Audits Of Cannabis Businesses.
We previously reported in our blog that the Trump Administration organized…

Can Cannabis Help Senior Citizens Mitigate Symptoms Associated With Older Age?
According to a report published on October 7, 2020 in the Journal of the American Geriatric Society, in a study of 568 adults ages 65 years and older…

Federal & California Governments Making It Easier For Taxpayers In The Gig Economy To Be Treated As Independent Contractors.
Federal & California Governments Making It Easier For Taxpayers In The Gig Economy To Be Treated As Independent Contractors.
Why Tax Planning Is More…

Tel Aviv Stock Exchange Launches Cannabis Index
Israel Is Dominating Global Medical Cannabis Research Despite An Anti-Federal U.S. Climate
Most people would be surprised to hear that Israel is the…

Where Is My IRS Second Economic Impact Payment?
Where Is My IRS Second Economic Impact Payment?
Starting December 29, 2020 the IRS begins delivering the second round of Economic Impact Payments
On…

Why You Don’t Mess With California Even During A Pandemic – A Primer On California Tax Collection Actions.
Why You Don’t Mess With California Even During A Pandemic – A Primer On California Tax Collection Actions.
Don’t think that you can avoid California…

2020 Taxes For California Cannabis – What You Need To Know
We previously reported in our blog that the Trump Administration organized a committee of federal agencies from across the government to combat public…

When Facing An IRS Tax Audit, How Do Marijuana Businesses Explain To IRS A Cash Stash Accumulated From The Past?
With the proliferation of licensed cannabis businesses sprouting in the State Of California and a growing number of States, a lot of cannabis business…

5 Moves To Make Before Year End That Can Save You A Lot of Money on Your 2020 Taxes
5 Moves To Make Before Year End That Can Save You A Lot of Money on Your 2020 Taxes
On December 22, 2017, President Trump signed into law the 2017 Tax…

More Guidance From IRS On PPP Loans: Deductibility of Expenses Where a Business Received a PPP Loan
More Guidance From IRS On PPP Loans: Deductibility of Expenses Where a Business Received a PPP Loan
On March 27, 2020 President Trump signed the $2 trillion…

UN Votes To Remove Cannabis From Schedule IV Drug Classification
The United Nations Commission on Narcotic Drugs held a vote on December 2, 2020 that medical cannabis be taken off the Single Convention on Narcotic…