Fisher Phillips Hosts 2nd Annual Workplace Law Seminar For Canna-businesses

Fisher Phillips Holds 2nd Annual Canna Business Law Seminar

WASHINGTON: As the fastest growing industry in the country, legal cannabis represents one of the nation’s hottest job markets.  Managing employees and navigating complicated state law presents special challenges for licensed cannabis organizations.  The topic is the focus of  the second annual legal seminar for canna-businesses presented by  legal powerhouse Fisher Phillips. This  half  day  conference  takes Read the full article…

IRS Position On 502 Excise Taxes – “Don’t Count Excise Tax Amount As Income”

"If you any person in a trade or business receives a payment of $10,000 or more in any single transaction or series of transactions they are required to file a form 8300 within 15 days of receiving the cash.  Please note that a “person” includes an individual, a company, a corporation, a partnership, an association, a trust, or an estate.  You should also be aware that “cash”  includes cashier’s checks, money orders, bank drafts and traveler’s checks.

Rachel Kurtz WASHINGTON: Dean Guske, CPA to many marijuana businesses in Washington State (and around the country),  and his firm, Guske & Company, have been taking the position with their clients since the beginning of the year that the 502 excise taxes DO NOT have to be counted as income when 502 Cannabis businesses file their Read the full article…