The Internal Revenue Service anticipates the continued growth of the cannabis industry. With this, the IRS is providing some useful suggestions to cannabis businesses. This help is in regards to remaining obedient with taxes while the cannabis plant is still federally illegal.
Taken from a recent online blog post-De Lon Harris of the IRS has shared some thoughts. he said that the “evolving and complex issue my organization has been focused on is the tax implications for the rapidly growing cannabis/marijuana industry.”