Editor’s note: This article was contributed by Cannabis Tax Solutions. Just when you think you have 280E figured out – BAM! Here comes another curveball. Recent court cases (Alterman and Alpenglow, among them) have empowered the IRS even more, and have seemingly weakened landmark cases like CHAMP. Attorneys representing clients in audits have told Cannabis Tax […]
Michael Moran is the founder of Cannabis Tax Solutions, a tax and accounting firm focused on the cannabis industry. He has over 30 years of tax experience and sits on the advisory board of Sensi Magazine (Denver/Boulder region). He has written several articles on cannabis taxes, and has presented at various events around the industry.