The unplanned effect of 280E today is to punish state-legal cannabis operators by barring them from reducing their tax burdens with standard deductions for everyday expenses enjoyed by most other businesses.
With a conservative Supreme Court Justice recently coming out against the current state of federal cannabis laws, the question remains, who supports them and why? In this video we seek to answer this question by discussing:
+ Brief history of 280E
+ Is cannabis reform worth it?
+ The real drivers behind 280E
+ Is this what cannabis reform should look like?
To schedule a consultation to see how our cannabis CPAs and advisors can help your cannabis business navigate 280E, call 1-800-674-9050 or visit us at www.greengrowthcpas.com/get-started
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