Articles
Federal Taxation of Marijuana Businesses by Daniel C. Cramer
September 1st, 2017
Although the cultivation and distribution of mar- ijuana is now legal under the laws of several states (whether for medical or recreational use), marijuana is considered a Schedule I drug under federal law. Therefore, all marijuana producers and resellers are subject to Internal Revenue Code (“IRC”) § 280E, which disallows deductions and credits incurred in the trade or business of trafficking controlled substances (which are the Schedule I and II drugs).
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Circular 230 and IRS Standards for Providing Tax Advice to Clients
March 1st, 2017
Circular 230 and IRS Standards for Providing Tax Advice to Clients by Daniel C. Cramer (Res Ipsa Loquitur, March 2017)
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IRS Collection Procedures and Taxpayer Remedies
March 1st, 2016
IRS Collection Procedures and Taxpayer Remedies by Daniel J. Cramer (Res Ipsa Loquitur, March 2016)
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