IRS Rejects Watchdog Recommendation To Provide Marijuana Business Tax Guidance

A new Treasury Department internal watchdog report criticizes the Internal Revenue Service (IRS) for failing to adequately advise taxpayers in the marijuana industry about compliance with federal tax laws. In its review of IRS policy with respect to cannabis businesses, the Treasury Inspector General for Tax Administration (TIGTA) found that IRS is missing millions of … Continue reading IRS Rejects Watchdog Recommendation To Provide Marijuana Business Tax Guidance