Inspector General Report Cannabis Business Taxes & IRS - IRC 280E скачать в хорошем качестве

Inspector General Report Cannabis Business Taxes & IRS - IRC 280E

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 IRC 280E.  Or that 26% of cannabis tax filers in Washington are either under-reporting income or not filing at all. The Inspector General also noted that the IRS needs to step up their game in 'finding' these potentially non-compliant cannabis businesses using public information as well as leveraging information-sharing agreements they have with other agencies. Download the report here: https://greengrowthcpas.com/podcasts/... In this video, we help you to better understand the report by discussing: What the IG Report Is High-Level Findings of the Inspector General Report IRS Recommendations From the Report to the IRS Deep Dive on Three Findings Cannabis Tax Cases NOT Being Worked Using Public Info To Identify Non-Filers & Underreporting Income TCJA Section 471(c) 3 Final Thoughts & Considerations If you need help with an internal cannabis business tax audit or with your cannabis business accounting, then please reach out to us at: https://greengrowthcpas.com/get-started/ or call 800-674-9050.