IRS report foreshadows national uptick in cannabis audits but offers a big loophole, experts say

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A new report from the U.S. Treasury Department confirms the Internal Revenue Service is preparing to launch an increase in marijuana industry audits nationwide, but it also offers a possible way for cannabis companies to dodge millions in federal taxes, according to industry experts. The report corroborates what cannabis industry tax and legal experts have […]

IRS report foreshadows national uptick in cannabis audits but offers a big loophole, experts say is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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