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Voters Say Yes, IRS Says No

2012-11-09 19:20:16.958003+01 by Dan Lyke 1 comments

Forbes on the difficulty of deducting business expenses related to marijuana.

... The end-run works like this. If a dispensary sells marijuana and engages in the separate business of caregiving, the caregiving expenses are deductible. If only 10% of the premises are used to dispense marijuana, most of the rent is deductible. ...

[ related topics: Drugs Interactive Drama Politics ]

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#Comment Re: made: 2012-11-09 21:03:55.858643+01 by: ebwolf

I never thought I'd be on this side of the States Rights argument... And I'm also on the local government side of the fracking debate.

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