IRS Agent That Tried to Bribe Dispensary is Convicted

A former U.S. Internal Revenue Service agent was convicted by a federal jury this week of two counts related to bribery. The U.S. Attorney's Office says 43-year-old Paul G. Hurley had been a Seattle-area age...

IRS Issues New Guidelines for Marijuana Sellers

It must be the future, because the IRS just issued new guidelines for sellers of marijuana in states where it's legal. As you know, there's been a long battle over how dispensaries can properly pay their fed...
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A Federal Tax Breakthrough Could be Near For Pot Biz

A recent Internal Revenue Service Advisory Council report might be an early holiday gift to accountants who help marijuana businesses in medical and recreational states like California and Colorado. The repo...
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Collectives Still Pay a Whopping 50 Percent U.S. Tax Rate

It's tax season. And even if you run a collective with all its books in order, you could end up in trouble with the IRS. The federal government still hasn't found a way to let you pay your U.S. business inco...