IRS puts 280E tax guidance for cannabis companies on back burner

MJBizDaily
By John SchroyerJan 29, 2021, 5:45 pm225 pts
Hoped-for guidance for cannabis companies affected by Section 280E of the federal tax code won’t be published anytime soon, an IRS attorney said recently. According to Bloomberg Tax, the federal agency is more focused on coronavirus-relief issues and guidance related to the 2017 tax reforms pushed through…

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