punitive intention of 280E<\/a> is now being widely applied to state-licensed and legally operating cannabis businesses, and treating such a business\u2019s gross income as taxable income, is certainly not insignificant for a legitimate business with wages to pay, and other costs and expenses to cover.<\/p>\n","protected":false},"excerpt":{"rendered":"IRC 280E – Business Expense Tax Deductions Jin KimLaw Office of Jin KimFree Consultation(916) 299-9913 If you have been in the cannabis business for some time, then surely you have heard about the infamous Section 280E. If you are new to the industry or are considering entering the playing field, you might want to take […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"featured_image_src":null,"featured_image_src_square":null,"_links":{"self":[{"href":"https:\/\/cannabistaxattorney.us\/wp-json\/wp\/v2\/pages\/213"}],"collection":[{"href":"https:\/\/cannabistaxattorney.us\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cannabistaxattorney.us\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cannabistaxattorney.us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabistaxattorney.us\/wp-json\/wp\/v2\/comments?post=213"}],"version-history":[{"count":4,"href":"https:\/\/cannabistaxattorney.us\/wp-json\/wp\/v2\/pages\/213\/revisions"}],"predecessor-version":[{"id":316,"href":"https:\/\/cannabistaxattorney.us\/wp-json\/wp\/v2\/pages\/213\/revisions\/316"}],"wp:attachment":[{"href":"https:\/\/cannabistaxattorney.us\/wp-json\/wp\/v2\/media?parent=213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}