Cannabis businesses' wages are ineligible for business income deductions for pass-throughs because they sell controlled substances, according to the U.S. Tax Court. The ruling on Sept. 11, 2025 ...
The One Big Beautiful Bill Act has permanently extended the Section 199A Qualified Business Income deduction, ending its planned 2025 sunset. New 2026 IRS thresholds and expanded phase‑in ranges will ...
A quick review of the cannabis landscape[i] reveals that most of the tax-related activity remains at the state level. At present, most states have decriminalized the use of cannabis products; it ...
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