New Jersey lawmakers sent the governor legislation on Monday that would allow licensed marijuana businesses to deduct certain expenses on their state tax returns, a partial remedy as the industry continues to be blocked from making federal deductions under Internal Revenue Service (IRS) code known as 280E. The measure was approved by the Senate in … Continue reading New Jersey Lawmakers Send Governor Bill To Let Marijuana Businesses Claim State Tax Deductions As Partial 280E Workaround
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