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11 Jul 2015, 8:00 am by Paul Caron
The Ninth Circuit on Thursday affirmed the Tax Court (139 T.C. 19 (2012)) and held that § 280E prevents a San Francisco medical marijuana dispensary from deducting ordinary or necessary business expenses because its Vapor Room is a "trade or business . . . consist[ing] of trafficking in controlled substances... [read post]
4 Dec 2008, 6:00 pm
Here is the abstract: The author analyzes the recent Gross case [T.C. [read post]
26 Apr 2021, 12:45 am by Bryan Camp
So when the taxpayers in Robert Craig Colton and Alina Mazwin v Commissioner, T.C. [read post]