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FEDERAL TAXATION OF CANNABIS – AN OVERVIEW OF SECTION 280E

Marc Egort, CPA, P.A. FEDERAL TAXATION OF CANNABIS – AN OVERVIEW SECTION 280E – NONDEDUCTIBLE...

Internal Revenue Code: Section 280E

By Scott Levy In 1982, Congress enacted Internal Revenue Code Section 280E, which states that anyone in the...

Tax Court Deals Another Blow to Cannabis Management Company Model

In this case, Alternative Health Care Advocates provided medical marijuana to individuals in California under California law. Another company, Wellness Management Group, Inc., provided...
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