Resources for Cannabis Business Owners
The latest issue of “
A Closer Look” explains how IRS’s new Cannabis/Marijuana Initiative is helping business owners navigate complex issues surrounding this unique industry. Business owners can find tools to help them be successful and compliant on the
Marijuana Industry page, including links to:
- IRC Section 280E
- Income reporting
- Cash payment options
- Reporting large cash receipts
- Estimated payments
- Keeping good records
For additional insights, visit IRS’s
Marijuana Industry FAQ page.