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IRS Audits Explained
Anyone who files taxes likely bristles at the utterance of the word “audit.” While cannabis companies tend to attract more scrutiny than other businesses, it doesn’t have to be a horrorshow.
Understanding the IRS Disaster Tax Relief Program
In light of the devastating fires and other disasters we’re experiencing in California, many businesses may be poorly positioned to carry on business as usual. Fortunately, there is a grain of good news to share that may ease the way forward.
IRS Audit Triggers
The cannabis industry is booming, but with growth comes increased scrutiny from the Internal Revenue Service (IRS). Understanding IRS audit triggers is crucial for cannabis businesses to remain compliant and avoid hefty penalties.