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dispensary taxes

Before I get to my business intel, you should know that the personal tax world was roiling late last week over some fraud detected from within TurboTax. Here is the story: http://www.forbes.com/sites/kellyphillipserb/2015/02/06/turbotax-temporarily-halts-e-filing-in-all-states-amid-fraud-concerns/ Essentially, the makers of the software detected a level of fraud occurring in state tax return submissions that made them decide to completely shut down submission of 
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Tax attorney - Robert W. Woods, states: "Sales tax isn’t the only issue. As I noted here, the IRS also has issues with medical marijuana. Under federal tax law, Internal Revenue Code Section 280E precludes deductions for any business trafficking in controlled substances. For that reason, some dispensaries have been stuck paying tax on their gross income, not on their net after expenses!
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Upcoming Events
Apr
27
Sat
2019
9:00 am @ Dispensary and Delivery Manager/Employee Training
@ Dispensary and Delivery Manager/Employee Training
Apr 27 @ 9:00 am – Apr 28 @ 3:00 pm
420 College is now offering training classes for Dispensary and Delivery Businesses. This class is aimed towards anyone looking to work in a Dispensary or Delivery Business, as well as current employees of Dispensaries looking to get training and certification. Our classes will include: Management/Owner Training (Inlcudes all aspects of the Business) Employee Training (Budtender, Inventory, Office Administration, Delivery 
May
4
Sat
2019
9:00 am @ Cultivation Manager/Employee Training
@ Cultivation Manager/Employee Training
May 4 @ 9:00 am – May 5 @ 3:00 pm
420 College is now offering training classes for Cannabis Cultivation Businesses. This class is aimed towards anyone looking to work in a Cannabis Cultivation Business, as well as current employees of Cultivation Sites looking to get training and certification. Our classes will include: Management/Owner Training (Includes all aspects of the Business) Employee Training (Inventory, Office Administration, Cultivators) 
May
11
Sat
2019
9:00 am @ Distribution Manager/Employee Training
@ Distribution Manager/Employee Training
May 11 @ 9:00 am – May 12 @ 3:00 pm
420 College is now offering training classes for Cannabis Distribution Businesses. This class is aimed towards anyone looking to work in a Cannabis Distribution Business, as well as current employees of Distribution Sites looking to get training and certification. Our classes will include: Management/Owner Training (Includes all aspects of the Business) Employee Training (Inventory, Storage, Packaging, Office 
May
18
Sat
2019
9:00 am @ Dispensary and Delivery Manager/Employee Training
@ Dispensary and Delivery Manager/Employee Training
May 18 @ 9:00 am – May 19 @ 3:00 pm
420 College is now offering training classes for Dispensary and Delivery Businesses. This class is aimed towards anyone looking to work in a Dispensary or Delivery Business, as well as current employees of Dispensaries looking to get training and certification. Our classes will include: Management/Owner Training (Inlcudes all aspects of the Business) Employee Training (Budtender, Inventory, Office Administration, Delivery 
May
25
Sat
2019
9:00 am @ Cultivation Manager/Employee Training
@ Cultivation Manager/Employee Training
May 25 @ 9:00 am – May 26 @ 3:00 pm
420 College is now offering training classes for Cannabis Cultivation Businesses. This class is aimed towards anyone looking to work in a Cannabis Cultivation Business, as well as current employees of Cultivation Sites looking to get training and certification. Our classes will include: Management/Owner Training (Includes all aspects of the Business) Employee Training (Inventory, Office Administration, Cultivators) 
Jun
1
Sat
2019
9:00 am @ Distribution Manager/Employee Training
@ Distribution Manager/Employee Training
Jun 1 @ 9:00 am – Jun 2 @ 3:00 pm
420 College is now offering training classes for Cannabis Distribution Businesses. This class is aimed towards anyone looking to work in a Cannabis Distribution Business, as well as current employees of Distribution Sites looking to get training and certification. Our classes will include: Management/Owner Training (Includes all aspects of the Business) Employee Training (Inventory, Storage, Packaging, Office