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IRS Advises Marijuana Businesses That They Still Can't Take Federal Tax Deductions Due To 280E Until Rescheduling Is Finalized

www.marijuanamoment.net IRS Advises Marijuana Businesses That They Still Can't Take Federal Tax Deductions Due To 280E Until Rescheduling Is Finalized - Marijuana Moment

The Internal Revenue Service (IRS) is advising marijuana companies that they still cannot take federal tax deductions for business expenses that afforded to other traditional industries unless the administration finalizes a rule to reschedule cannabis. In a press release on Friday, IRS clarified tha...

IRS Advises Marijuana Businesses That They Still Can't Take Federal Tax Deductions Due To 280E Until Rescheduling Is Finalized - Marijuana Moment
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