Pe209 The Paradox Destroying Small Cannabis Companies
CTA: Follow this quick guide to submit a FOIA (Freedom of Information Act) Request to IRS
Cannabis companies face many unique challenges, but small businesses are overly impacted by one specific law. The 280E tax law results in 70-100% of a company's net profit being taxed. Our guest, John Schroyer, published a series of articles revealing new information the IRS has kept hidden. We discuss why all the secrecy and what can be done.
As discussed in the intro, we built this step by step Guide to submit a FOIA Request to the IRS specific to your State.
Watch video version on YouTube here = https://youtu.be/6Tt8wUupbqM
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