Browsing Tag
Taxes
76 posts
IRS Commissioner Shares Recommendations for Cannabis Businesses
In a move that makes cannabis history, official recommendations are available from the IRS for the cannabis industry.
The Latest IRS Initiative Could Positively Impact Cannabis
A new initiative from the IRS could have a big impact on cannabis, as it could finally help with the tax breaks the industry needs.
New Analysis Shows Tax Revenue From Cannabis In The Billions
A recently published study shows the significant potential legalization has in terms of tax revenue from cannabis sales.
Unfair Missouri Cannabis Tax Law Clause 280E May Change With Bill Passed By State Lawmakers
A clause in Missouri cannabis tax law may soon be eliminated.
Louisiana Bill, HB 434, To Tax Potential Recreational Cannabis Fails In Congress
The Louisiana House voted against HB 434, further derailing the potential of legalizing recreational cannabis in the state.
Recreational Marijuana Could Raise $43 Million In Tax Revenue For Delaware Each Year
The Delaware state auditor is making a strong case for cannabis legalization in the state.
Illinois Collects $62 Million in Cannabis Revenue to Support Neighborhoods
The next step is distributing those funds as planned.
California On Track To Collect $1 Billion In Cannabis Taxes
Despite the pandemic, the Golden State's legal cannabis market has been thriving.
Oregon Cannabis Tax Revenue Up 45 Percent in First Quarter
Oregon officials are reporting an increase in cannabis tax revenue.
San Diego Sues to Collect Unpaid Cannabis Taxes
Apparently, some cannabis businesses in San Diego have not been paying the correct amount of tax money.