Statute
Section 280E
32 published works
Webb & Morton PLLC Blog
Your Marijuana Business for Federal Tax Purposes
By Jason Morton
While cannabis (or marijuana) is legal in some states for medical and recreational use, cannabis is still a Schedule 1 narcotic for federal purposes. Because of this, Section 280E of…
Marijuana Law, Policy & Reform
“The Good, the Bad, and the Ugly: Why IRC § 280E Is Not the Industry Killer It Is Portrayed to Be”
The title of this post is the title of this new paper recently posted to SSRN and authored by Patrick Cleary, a student at The Ohio State University Moritz College…
The Blunt Truth®
The Week in Weed: July 5, 2019
By Susan Ryan
Welcome back to The Week in Weed, your Friday look at what's happening in the world of legalized marijuana. Let's start this week with the federal government. A bipartisan group of…
Cannabis Law Blog
The U.S. Supreme Court Denies Certiorari in Cannabis Case
On June 24, 2019, the U.S. Supreme Court denied petition for a writ of certiorari to review the decision of the U.S. Court of Appeals for the Tenth Circuit in…
In The Weeds
Tenth Circuit: No Fifth Amendment Defense to the Application of Section 280E
Jennifer Benda, a Partner in Fox’s Denver, CO office, is an experienced tax attorney who handles tax controversy and income tax planning and compliance matters. She has significant experience assisting…
In The Weeds
U.S. Tax Court: Section 280E Can Apply to Non-Licensed Taxpayers Engaged in Cannabis Businesses
Because of IRC Section 280E, accounting and tax planning are two essential functions of operating a viable cannabis businesses. Over at our Tax Controversy Blog, Fox Partner Jennifer Benda discusses…
Tax Controversy Report
Tax Court: Section 280E Can Apply to Non-Licensed Taxpayers Engaged in Cannabis Businesses
Yesterday the Tax Court issued two decisions discussing the impact of Section 280E on cannabis businesses. One of these cases addresses the application of Section 280E to licensed and non-licensed…
In The Weeds
Section 280E Litigation Update: Harsh Results for Resellers
In the latest Tax Court opinion addressing the application of Section 280E to cannabis businesses there is no good news. However, there is some new guidance. In Patients Mutual Assistance…
Tax Controversy Report
Section 280E Litigation Update: Harsh Results for Resellers
In the latest Tax Court opinion addressing the application of Section 280E to cannabis businesses there is no good news. However, there is some new guidance. In Patients Mutual Assistance…
In The Weeds
So Why Should You Care About 280E
By Joshua Horn
For the latest analysis of the implications of IRC 280E, check out this blog from Jennifer Benda.[caption id="attachment_2116" align="alignnone" width="320"] 24982680 - state supreme court building in tallahassee, florida.[/caption]