On May 16, 2024, the US Department of Justice submitted a Notice of Proposed Rulemaking (NPRM) to reschedule marijuana from Schedule I to Schedule III within the Controlled Substances Act....more
5/22/2024
/ Controlled Substances Act ,
Department of Justice (DOJ) ,
Internal Revenue Code (IRC) ,
IRC Section 280E ,
Marijuana ,
NPRM ,
Regulatory Agenda ,
Schedule I Drugs ,
Tax Reform ,
Tax Refunds ,
Tax Returns
We once again want to bring to your attention the Internal Revenue Service’s (IRS) new favorite penalty provision: Internal Revenue Code (IRC) Section 6676. We have reported on this provision several times before, but this...more