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Category: Cost of Goods Sold (COGS)

The Cannabis Industry Should Employ Careful Tax Planning When Allocating between Cost of Goods Sold and Ordinary Business Expenses

By Patrick “Rick” Cox and Vincent Tennant, Nixon Peabody LLP Cannabis is a controlled substance under federal law and as…

By hempcbdtimes , in Cost of Goods Sold (COGS) Harborside decision irs 280e IRS 280E tax code tax planning , at May 11, 2021