A New Jersey Senate committee approved a pair of bills on Thursday 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 Senate Budget and Appropriations … Continue reading New Jersey Senate Committee Approves Bills To Let Marijuana Businesses Claim State Tax Deductions As Partial 280E Workaround