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December 1, 2023
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IRS guidance

Cannabis companies can have 401(k) plans
Human Resources 

2021 Inflation Adjustments and Tax Tables Issued for Cannabis Companies

October 31, 2020October 31, 2020 Editorial Staff IRS, IRS guidance

The IRS on Monday issued the 2021 annual inflation adjustments for many tax provisions, as well as the 2021 tax rate tables for individuals and estates and trusts (Rev. Proc. 2020-45). These adjusted amounts will be used to prepare tax year 2021 returns in 2022.

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280(E)
Accounting and Taxes Section 280E 

IRS Publishes Marijuana Industry Webpage With Respect to 280(E)

September 25, 2020September 25, 2020 Editorial Staff 280E, IRS guidance

The IRS confirms with the publication of a cannabis industry specific webpage that marijuana businesses are subject to the limitations of Section 280E of the Internal Revenue Code.

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Recent Posts

  • Cannabis and 401(k): An Unexplored Frontier in Retirement Benefits October 27, 2023
  • Secure Act 2.0 Auto-Enrollment April 10, 2023
  • Four Elements of Compensation Strategy in High-Growth (Cannabis) Companies April 20, 2021

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