Sprinkle a Little Fraud on that Doobie

by Brian S. Whalen, CPA October 21, 2019 § 280E, #CannabisCourt, COGs, IRS, Legal, Tax

Another Tax Court Win for the IRS vs. Cash Intensive Businesses in the Cannabis Industry Mr. Chico, an entrepreneur and registered

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Why §280E Punishes Your Cannabis Business & What You Can Do About It

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

Q: Who the hell is Jeffrey Edmondson? A: The guy we can blame for the punitive tax law, §280E. In

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Can Cannabis Businesses Reduce Taxes?

by Brian S. Whalen, CPA July 19, 2018 Accounting, Tax

YES!  A Brief Explanation[1] Brian S. Whalen, CPA, MST/MSF Internal Revenue Code Section §280E disallows deductions related to trafficking in

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