IRS Will Keep Applying 280E Tax On Marijuana For Years Prior To Rescheduling And Could Seize Assets From Businesses That Owe, Official Says

Marijuana Moment
By Kyle JaegerSep 24, 2024, 8:53 am345 ptsTop
The Internal Revenue Service (IRS) will continue to seek tax payments from marijuana companies that have claimed deductions in anticipation of a possible federal rescheduling decision, an attorney with the federal agency says. And if the reform is enacted, he says IRS would theoretically be empowered to seize…

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