Large cash transactions by marijuana businesses should not automatically be reported as suspicious, according to new IRS guidance.
IRS: Marijuana cash transactions aren’t automatically suspicious is a post from: MJBizDaily: Financial, Legal &…
Section 280E
Biden’s DOJ lawyers take IRS side in marijuana firm’s 280E fight
The Biden administration has weighed in on a U.S. Supreme Court marijuana petition, arguing that state-legal cannabis businesses can be investigated by the Internal Revenue Service for potential violations of Section 280E of the tax code. It is believe…