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newmedman

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Re: StockJunky post# 23843

Thursday, 04/28/2011 4:23:28 PM

Thursday, April 28, 2011 4:23:28 PM

Post# of 129051
Nice point there.... Here's a good editorial from the Denver post that says a little more on the matter of the IRS. It's kind of a shame that CBIS can't write off any of their debt.

http://www.denverpost.com/opinion/ci_17934406

Yet the IRS reportedly has begun auditing dozens of medical marijuana businesses, pursuing a clause in the federal tax code prohibiting businesses trafficking in Schedule I or II drugs from taking business tax deductions.



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