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Building a bridge from legacy to legal cannabis market - Vimarsana News

Building a bridge from legacy to legal cannabis market

Six years after the legal adult use cannabis market opened in California, most consumers continue to buy their goods underground.

Source: njbiz.com
Innocent Mistakes Can Lead to Heavy Tax Losses - Vimarsana News

Innocent Mistakes Can Lead to Heavy Tax Losses

A couple's charitable deduction was derailed due to assignment of income and minor paperwork errors.

IRS Bound by Inaccurate Terminology - Vimarsana News

IRS Bound by Inaccurate Terminology

Demuth v. Commissioner was a literal case of checks and balances.

Decoupling of Section 280E from State Tax Codes | Husch Blackwell LLP - Vimarsana News

Decoupling of Section 280E from State Tax Codes | Husch Blackwell LLP

On May 18, 2022, in a 153-2 vote, the Massachusetts House of Representatives voted to amend the state’s tax code to provide income tax relief for Massachusetts cannabis businesses.

What is a 1031 Exchange? - Vimarsana News

What is a 1031 Exchange?

A basic primer of a complex tax rule for investment property purchases