Cannabis and marijuana businesses are some of the most difficult operations to run, especially from a tax and accounting perspective. Internal Revenue Code (IRC) Section
Companies that grow, produce, or sell Schedule I or II controlled substances are generally prohibited from deducting necessary and ordinary business expenses under Section 280E
IRS Code Section 280E can bring a cannabis business to its knees, and paying 280E tax debt can be even trickier. 280E severely restricts expenses
Making it through the COVID-19 pandemic was hard enough, let alone if you were assessed IRS Penalties. The last thing anyone needed was the IRS
Getting the letter from the IRS stating that your Effective Tax Administration (ETA) Offer in Compromise (OIC) has been accepted is a moment of immense
Effective Tax Administration (ETA) offers are among the most difficult IRS settlements to secure. Unlike traditional Offers in Compromise (OIC), which are based on a
Most taxpayers haven’t heard of IRS Form 843. But for some taxpayers, this little-known form can play an important role in reducing tax debt, recovering
When you’re in tax debt, it can be difficult to know where to start. At Highland Tax Group, we’re here to help you select an
Being asset-rich but cash-poor can be particularly problematic if you are facing a high tax debt you are struggling to pay. You can, however, be
The term “IRS economic hardship” sounds straightforward, but in the eyes of the IRS, it has a very specific, data-driven definition. It isn’t just about
