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Does 280E Apply to CBD?

Does §280E apply to CBD?

by Brian S. Whalen, CPA October 11, 2018 § 280E, Accounting, Cannabis, CBD, Tax

Question: Does §280E apply to CBD? Answer: CBD is subject to §280E because the DEA says its Schedule I (most

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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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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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