Tag:IRS

July Tax Deadline May Have Just Delayed Onset of Related Financial Woes

The federal government extended this year’s tax filing deadline to July 15, but that hasn’t been a solution to every type of tax woe...

Marijuana Industry Faces More Audits, Same Heavy Tax Burden

A recent Treasury Department review of IRS practices showed that auditing marijuana businesses pays off, and cannabis industry attorneys say they expect more scrutiny...

Federal Jury Hits Knights of Columbus for $500,000 but Rejects Larger Claims

A recent half-million-dollar jury verdict was a far cry from the demand and damages a web developer lodged against the Knights of Columbus. On Sept....

10th Circuit Reinforces Answers to Marijuana Tax Questions

The IRS wins again.  The 10th Circuit Court of Appeals ruled in early March that a New Mexico marijuana dispensary had no loophole out of...