The budding cannabis industry, despite its rapid growth and gradual acceptance in recent years, still faces a major sustainability challenge: Cannabis businesses cannot deduct most ordinary business expenses. Under Internal Revenue Code Section 280E, no tax deduction or credit is allowed for amounts paid or incurred in carrying on a business if the business consists
David Joffe
David Joffe practices primarily in the areas of employee benefits and executive law. He is the Chairperson of the Employee Benefits and Executive Compensation Group.
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