COLUMN: Marijuana legalization would regulate market, increase tax revenueBrittney Cason
if you have an unpaid tax return or do not pay your taxes in full, the Internal Revenue Service (IRS) can begin the process of charging the unpaid amount. This could result in federal tax lien, public lawsuit against your property. This has serious consequences, such as influencing your cr...
So far, the sale of legal marijuana in California isn’t bringing in the green stuff. Broad legal sales kicked off on Jan. 1. State officials had estimated California would bank $175 million from excise and cultivation taxes by the end of June. But estimates released Tuesday by the state ...
High Tax States: Options for Gleaning Revenue from Legal Cannabis — Caulkins, Hawken, Kilmer, and Kleiman Internal Revenue Code — .gov Internal Revenue Code — Cornell.edu Joint Committee on Taxation of the U.S. Congress RAND Report, "Considering Marijuana Legalization: Insights for Vermont and...
State participation in the Internal Revenue Service’s Direct File slowly keeps growing. Connecticut and North Carolina are the latest states that will allow some of their taxpayers to use the IRS’ direct tax preparation and e-filing online program next year. They join New Mexico, New Jersey,...
advice and consultation that you need. Our firm has clients from all over California who turn to us when they need tax advice and Representation. Our agency will provide you with the best assessment and services in all of California from Encino to Pasadena, and from Beverly Hills to San Dieg...
in 2007. Laura has worked as a paralegal for over 10 years and has focused most of her career on tax controversy matters. In 2014, Laura passed the special enrollment examination and became an IRS Enrolled Agent, which authorizes her to represent taxpayers before the Internal Revenue Service. ...
Usually this involves filing a false tax return, tax evasion, filing false documents, failure to collect employment or sales taxes, failure to pay taxes, and failing to file a tax return (California Revenue and Taxation Code Section 19705(a) and Section 19706). For many years now, starting ...
Maine: [DEFEATED]Question 1was set to levy additional taxes on residents’ income above the Social Security contribution and benefitsbase($128,400 in 2018), but it did not garner enough votes. The state planned to use the tax revenue to create the first universal home health-care program in...
Colorado, which has approved recreational and medical marijuana, uses Chase Bank for all tax revenue collections, according to a spokesman for the state's Department of Revenue. The money is then sent to the state treasurer's office. Some experts believe banks eventually will step forward in Ill...