Entries by Tax Attorney

Still Waiting For Your IRS Economic Impact Payment?

Still Waiting For Your IRS Economic Impact Payment? As the IRS closed its web-based portal for non-filers and taxpayers for whom the IRS does not have your Direct Deposit Information, taxpayers with a filing requirement must file a tax return to get an Economic Impact Payment. On March 27, 2020 President Trump signed the $2 […]

Emergency Cannabis Small Business Health and Safety Act Introduced In Congress – If You Can’t Beat Them, Then Join Them!

Emergency Cannabis Small Business Health and Safety Act Introduced In Congress – If You Can’t Beat Them, Then Join Them! On March 27, 2020 President Trump signed the $2 trillion Stimulus Bill formally known as the Coronavirus Aid, Relief and Economic Security [CARES] Act (the “CARES Act”) to provide assistance to workplaces and employees. The […]

DEA Releases Its Report Card On 2019 Illegal Cannabis Eradication Activity

DEA Releases Its Report Card On 2019 Illegal Cannabis Eradication Activity Anyone conducting business in cannabis surely knows that under Federal law (Controlled Substances Act 21 U.S.C. 801) marijuana is designated as a Schedule I controlled substance due to the historical belief that it has a high potential for abuse, no currently accepted medical use […]

COVID-19 Tax Relief: California Delays Sales Tax Payments For Small Businesses

COVID-19 Tax Relief: California Delays Sales Tax Payments For Small Businesses In response to the COVID-19 pandemic, on March 30, 2020, Governor Gavin Newsom signed an executive order that will provide tax, regulatory and licensing extensions for businesses. Order provides 90-day extension in state and local taxes, including sales tax Order extends licensing deadlines and […]

COVID-19 Employer Tax Relief Available for PPP Borrowers

COVID-19 Employer Tax Relief Available for PPP Borrowers President Trump signed the $2 trillion Stimulus Bill formally known as the Coronavirus Aid, Relief and Economic Security [CARES] Act (the “CARES Act”) to provide assistance to workplaces and employees. The CARES Act provides many benefits intended to deliver cash into the hands of individuals and businesses, […]

Evolution Of California Cannabis Law – Pending Bill Considered By The Legislature: Assembly Bill 2355

Evolution Of California Cannabis Law – Pending Bill Considered By The Legislature: Assembly Bill 2355 On February 18, 2020 Assembly Member Rob Bonta introduced AB 2355, which seeks to amend California Fair Employment and Housing Act to require employers to provide “reasonable accommodations” to workers with a doctor’s recommendation to use medical cannabis. AB 2355 The […]

Beware Of Unsupported Claims That Cannabis Or CBD Products Will Protect Or Cure You From Coronavirus

Beware Of Unsupported Claims That Cannabis Or CBD Products Will Protect Or Cure You From Coronavirus The Federal Trade Commission (FTC) and U.S. Food and Drug Administration (FDA) announced that they have sent warning letters to companies allegedly selling unapproved products that may violate federal law by making deceptive or scientifically unsupported claims about their […]

IRS Announces Temporary Procedures To Fax Forms 1139 And 1045 Due To COVID-19

IRS Announces Temporary Procedures To Fax Forms 1139 And 1045 Due To COVID-19 President Trump signed the $2 trillion Stimulus Bill formally known as the Coronavirus Aid, Relief and Economic Security [CARES] Act (the “CARES Act”) to provide assistance to workplaces and employees. The CARES Act provides many benefits intended to deliver cash into the […]