Preparing for Schedule III: Why You Should Consider Protective Refund Claims Now
A Note to CANY Members: As the administration prepares to potentially reclassify cannabis to Schedule III, the implications for our industry—specifically regarding Internal Revenue Code §280E—are profound. However, relief may not be automatic for past years. Our partners at Bowers Accountants & Advisors have prepared the following urgent guidance regarding “Protective Refund Claims.” We urge […]
