420Patients.com is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends mmjbusinessdaily.com
By John Schroyer
The 280E section of the federal tax code has been the bane of law-abiding cannabis businesses for years because it typically results in plant-touching companies paying enormous tax bills to the IRS.
But that could change, perhaps even this year, if Congress were to pass the Small Business Tax Equity Act.