medical marijuana tax rules

Avoid Tax Penalties - IRS Helps Cannabis Business Owners Tax Law Offices Tax Lawyer (Napierville IL)1

Avoid Tax Penalties – IRS Helps Cannabis Business Owners

By J Anton Collins / October 4, 2021

Are you involved in the cannabis – marijuana industry? Do you want to know how growers avoid IRS penalties?   The IRS is working to help businesses involved in the growing, distribution, and sales of cannabis – marijuana.   Why Is This Important? Cash-only businesses have unique problems. The IRS understands cannabis – marijuana businesses…

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IRS’s Pot of Gold – The Medical Marijuana 100% Tax

By madwire / June 29, 2016

  Marijuana (or Cannabis, or MM). It’s not a new thing, but with the explosion of legal medical marijuana, it’s the new BIG thing. In this article, IRS tax attorney Jeffrey Anton Collins takes a closer look at the taxation issues faced by legal cannabis businesses. Growers, cultivators, and dispensers expect to make huge profits on…

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