Blog
Cannabis Tax Stacking Harms Legal Sellers and Drives Up Prices
Reprinted With The Permission Of Bloomberg Tax ABFinWright’s Rachel Wright, Abraham Finberg, and Simon Menkes say Missouri’s two cases on cannabis “tax…
Courts Shut Down Corporate Transparency Act — For Now
The Corporate Transparency Act has been halted. This injunction poses relief, and uncertainty, for small businesses grappling with compliance costs. As it…
High Road Cannabis Tax Credit Gone After Only 1 Year: All $20 Million Fully Subscribed
California’s cannabis industry faces a significant setback with the High Road Cannabis Tax Credit (HRCTC) reaching its limit far earlier than the…
Hochul’s Cannabis Tax Proposal Will Cut Costs, Aid Legal Sellers
Reprinted With The Permission Of Bloomberg Tax New York Gov. Kathy Hochul’s proposal to replace the state’s cannabis potency tax with an…
Two Cannabis Tax Cases to Watch
Cannabis Companies Challenge 280E and the Controlled Substances Act with Cannabis Tax Cases As the nation’s cannabis industry eyes Washington D.C. in…
South Dakota Cannabis Tax & the Battle to Approve Adult-Use Sales
In South Dakota’s journey towards adult-use sales, 420 CPA explores the future of South Dakota cannabis tax and finance for companies currently…
January 31st Deadline to File Form 1099-DIV Rapidly Approaching
Form 1099-DIV is used to report dividends and distributions received by individuals, partnerships, and corporations during the tax year. Here are the…
1099-MISC: Upcoming Tax Deadlines and When to Use
Staying ahead in the financial world means keeping up with IRS tax forms and deadlines. This article focuses on Form 1099-MISC, a…
2024 UPDATE on Additional California Cannabis Tax Credit: The Cannabis Equity Tax Credit
One of the goals of California Assembly Bill 195, signed into law by Governor Gavin Newsom on June 30, 2022, was to…