by Dana Borys | Aug 20, 2025 | blog, Cannabis Tax, COGS
As of August 2025, President Donald Trump has publicly indicated that his administration is “looking at” reclassifying cannabis from Schedule I to Schedule III under the Controlled Substances Act. While this move stops short of federal legalization, it could... 
by Advisor Team | Mar 24, 2025 | Cannabis Tax, COGS, Corporate Tax Services
Navigating tax compliance as a cannabis business owner can feel like walking a financial tightrope. One misstep—especially when it comes to Internal Revenue Code (IRC) 280E—can result in significant tax liabilities and heightened IRS scrutiny. As year-end approaches,...