Articles

Federal Taxation of Marijuana Businesses by Daniel C. Cramer

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). Read More
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Circular 230 and IRS Standards for Providing Tax Advice to Clients

Circular 230 and IRS Standards for Providing Tax Advice to Clients by Daniel C. Cramer (Res Ipsa Loquitur, March 2017) Read More
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IRS Collection Procedures and Taxpayer Remedies

IRS Collection Procedures and Taxpayer Remedies by Daniel J. Cramer (Res Ipsa Loquitur, March 2016) Read More
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