IRS tax code 280E presents a significant financial challenge to the industry as it mandates that no deductions are allowed for "trafficking a controlled substance".
Cannabis operations can pay an effective tax rate of 60 - 80% more than their neighboring non-cannabis business because of this archaic tax code.
Fortunately, there are ways to maximize your labor deductions.
Complete the form to download the factsheet and find out how to maximize labor deductions in the Cannabis Industry!
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