Paying business taxes is a key source of friction for many legal marijuana companies in the nation, particularly for companies that operate on a cash-only basis. A lawsuit in New Mexico is reigniting the debate over marijuana business taxes, only this time, the controversy surrounds...
The GOP released its tax plan Thursday (Nov. 2), offering a glimpse into its Tax Cuts and Jobs Act that includes plans for corporate taxes. According to reports in The New York Times, Republican tax reform efforts would impose a minimum global tax of 10 percent for...
November 07, 2022
Gig workers and small business owners are reportedly using the payment service Zelle to avoid declaring taxable earnings to the IRS. While users of Zelle are required to declare their earnings, Zelle itself said it does not have to declare transactions made through the payment service because it is a network that does not hold […]
