IRS Says Cannabis Business Owners May Be Eligible for Qualified Business Income Deduction
IRS Says Cannabis Business Owners May Be Eligible for Qualified Business Income Deduction
FEBRUARY 23, 2023 By Eric Altstadter and Thomas Cardinale According to the IRS, cannabis business owners operating as a pass-through entity will likely be able to claim a qualified business deduction on their taxes this year without challenge. The decision was announced on February 10, 2023 by IRS Office of Chief Counsel, Luke Ortner, during […]
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