IRS Launches Cannabis Industry-Focused Compliance Initiative
Cannabis Law Report
OCTOBER 7, 2021
Traffickers and would-be traffickers be warned, however, that if you do choose to make income from trafficking in Schedule I or II controlled substances (including cannabis, cocaine, or psychedelic mushrooms), that income is fully taxable by the U.S. Giving taxpayers access to information on how to properly comply with filing requirements.
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