The IRS is providing resources to help cannabis business owners successfully navigate unique tax responsibilities

the IRS has published their latest executive column “A Closer Look,” which features De Lon Harris, Commissioner, Small Business Self-Employed, Exam, discussing the tax implications for the rapidly growing cannabis/marijuana industry. “I see it as my responsibility to make sure my organization helps taxpayers navigate complex issues and provides the tools that we have available for them to be successful and compliant business owners,” said Harris. Read more here. Read the Spanish version here.

A Closer Look” is a column from IRS executives that covers a variety of timely issues of interest to taxpayers and the tax community. It also provides a detailed look at key issues affecting everything from IRS operations and employees to issues involving taxpayers and tax professionals.

Check here for prior posts and new updates.


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