IRS Official Offers Tax Advice To Marijuana Businesses And Says Feds Expect Industry To Keep Growing
The Internal Revenue Service (IRS) says it expects the marijuana industry to continue to grow, and it’s offering some tips to cannabis businesses on staying compliant with taxes while the plant remains federally prohibited. In a blog post on Monday, IRS’s De Lon Harris said that the “evolving and complex issue my organization has been […]
Los Angeles County dismisses 60,000 more cannabis convictions
Los Angeles County District Attorney George Gascón announced today that his office will automatically dismiss nearly 60,000 past cannabis convictions, as part of the ongoing effort to remediate the harm done by the War on Drugs. Gascón’s move follows the first wave of expungements carried out by his predecessor, Jackie Lacey, who dismissed 66,000 […]