GreenGrowth CPAs

GreenGrowth CPAs


Inspector General Report on the IRS and Cannabis Businesses

May 26, 2020

Earlier this year the Treasury Inspector General published their 53-page report on how the IRS handles cash-based businesses and their findings for the cannabis industry. There was some pretty juicy info in there including that nearly 60% of California cannabis businesses (if audited) would be out of compliance with 280E.  Or that 26% of cannabis […]