IRS Clarifies How Newly Finalized Tax Rules For Certain Insurers Impact Marijuana Businesses

Tue, Jan 21

The Internal Revenue Service responded to a public comment to clarify how a new rule concerning micro-captive insurers will impact marijuana businesses that enter into such insurance arrangements. https://t.co/ZjUu2sPWOW

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The Internal Revenue Service (IRS) is offering clarification for marijuana businesses amid a rule change related to reporting requirements for certain transactions in an effort to curb tax evasion....

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