State-legal marijuana industry operators would finally be able to take federal tax deductions that are available to any other business under a congressional bill that was filed on Friday, seeking to amend an Internal Revenue Service (IRS) code known as 280E. The legislation was introduced by Rep. Nancy Mace (R-SC) with days left in session … Continue reading GOP Congresswoman Files Bill To Provide Federal Tax Relief For Marijuana Businesses By Amending IRS’s 280E Code
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