Cannabis and Taxes – The challenges of non-deductible expenses

Cannabis and Taxes – The challenges of non-deductible expenses

What is Section 280 E? Section 280E of the Internal Revenue Code forbids businesses from deducting otherwise ordinary business expenses from gross income associated with the “trafficking” of Schedule I or II substances, as defined by the Controlled Substances Act....
Michigan State Police seize $40,000 during traffic stop on I-75

Michigan State Police seize $40,000 during traffic stop on I-75

The Michigan State Police said Wednesday that a driver who was stopped for following too close was found to be carrying for $40,000 in cash, which was seized, but the driver was let go. The out-of-state driver was driving on I-75 in Monroe County when he was stopped...