Harborside has new tax lawyers. Harborside’s new tax lawyers have appealed the DECISION of the United States Tax Court entered October 19, 2019, that determined Harborside has deficiencies in income tax in the total amount of $11,013,236.75 for the years 2007-2012....
Salvaging Equity Programs – this is our fourth article relating to the impact of the COVID-19 crisis on the cannabis industry. This will not be our last article on this topic. We initially anticipated only four, but we now see additional issues. If you wish to...
This article is the third of four articles that were prompted by the COVID-19 induced depression’s acceleration of the collapse of the cannabis industry. Our second article explained how the financial efficiency of store-front and delivery-only dispensaries is...
We have published a number of articles over the past two years that explained how the impact of taxes on the cannabis industry could be minimized. We specifically addressed Internal Revenue Code (“IRC”) §280E in a couple of articles. See Analysis IRC Sec. 280E...
This is the first of four articles we have been writing while sheltering-in-place. This first article summarizes our views on the impact of the COVID-19 crisis on the cannabis industry with respect to financial record-keeping and tax reporting issues. More accurately...
If you wish to re-publish this story please do so with following accreditation AUTHOR: aBIZinaBOX Inc. CPAs – Jordan S. Zoot, CPA PUBLISHER: CANNABIS LAW REPORT We were prompted to write this note by the article “Cannabis Regulation: The Struggle of...
