California Reminds Pot Delivery Firms to Pay Taxes

Marijuana delivery is starting to boom in California. You have your choice of apps, and some promise weed at your door in record time - and with little fuss. One company will even get you a doctor's recommen...

Colorado Dispensaries to Get Tax Holiday

The legalization of recreational marijuana has put millions of dollars of tax money in Colorado's coffers. The state is working on lowering the pot sales tax, from 10 percent to 8 percent, in 2017. Until the...

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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Fact Check Says Colorado Got $60 Million in Pot Tax

Early last year, as the world was cheering Colorado on for its first-of-a-kind journey into the world of legal recreational marijuana, the state's governor predicted a $100 million annual haul from pot taxes. ...
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Washington State Shops Sold $63 Million Worth of Legal Weed in 2014

Who says legalization hasn't been a success across the land? The Washington State Liquor Control Board, which regulates the state's new recreational marijuana business, said this week that more than $63 mill...

L.A. Wants to Use Pot Tax to Crack Down on Collectives

The L.A. City Council this month took a couple actions to crack down on illegal marijuana collectives. The council approved a motion that asks City Hall officials, including the City Administrative Officer, ...
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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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2014 Marijuana Ballot Measure: Washington Elimination of Agricultural Tax Preferences for Marijuana

The time to vote on the Washington Elimination of Agricultural Tax Preferences for Marijuana, Advisory Vote No. 8 is quickly drawing near, so we thought it would be a good idea to break the ballot measure down ...