Dear NCIA friends:
As we embark upon 2018, Thorburn Walker continues to be at the forefront of cannabis tax defense. It was disappointing, but not unexpected, that Jeff Sessions would rescind the Cole and Ogden Memos. However, it was this possibility that kept us moving in aggressively defending IRS audits of cannabis clients.
Jeff Sessions is giving the green light to cannabis prosecution. Whether or not they will occur remains uncertain. Regardless, given the dual nature of IRS 280E audits, it is important to protect your rights. The cold, hard, truth of Sec...more