The IRS Offers Some Clarity on Tax Deductions in the Cannabis Industry
Veriheal
NOVEMBER 12, 2020
For example, Illinois created the R3 program that uses cannabis tax revenue to help communities impacted by the War on Drugs. . That’s good news for the state—another source of income that can be used for things that benefit all the state’s residents. And cannabis users are not the only ones being taxed.
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