The Maryland House of Delegates this past week censured one of its members for using his legislative position to influence the medical cannabis regulators in favor of his client for who he was a paid consultant. The 138-0 resolution was the result of Joint Committee on Legislative Ethics finding that the actions violated the spirit
Don’t Ignore These Crucial Tax Issues When Setting Up Your Marijuana Business
Tax and accounting issues you should not ignore when setting up your marijuana business:
- The Trouble with Cash Based Businesses
- Internal Controls – any cash based business is closely scrutinized by the IRS and other taxing authorities; having strict internal control procedures, in writing, which are strictly enforced, will go a long way in establishing