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DEA Finally Acknowledges CBD’s Medicinal Value

by Brian S. Whalen, CPA September 28, 2018 Accounting, Cannabis, CBD, DEA, Tax

Open the flood gates!? In a major development, on September 27th, 2018, the DEA lowered a lone CBD medicine (Epidiolex)

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Cannabis CEOs: Be Aware of this IRS Audit Guide

by Brian S. Whalen, CPA September 28, 2018 Accounting, Cannabis, Tax

The IRS’s Cash Intensive Business Audit Techniques Guide (ATG) Many cannabis touching businesses operating or having operated in the past

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Prison Time for Dispensary Owner Infiltrated by Undercover IRS Agents

by Brian S. Whalen, CPA September 28, 2018 Accounting, Tax

On September 17, 2018, a federal judge sentenced Matthew Price to seven months in federal prison for willfully failing to

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How Cannabis Businesses can MINIMIZE TAXES with Section 471

by Brian S. Whalen, CPA September 13, 2018 Accounting, Cannabis, CBD, Tax

What the Hell is §471? Internal Revenue Code §471 is the section of tax law that deals with rules for

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