Cannabis Tax Controversy & IRS Update 2024

This course will provide guidance and advice on handling IRS Cannabis tax examinations for businesses engaged in the industry. The panel will discuss the process and procedures for gathering requested documents and the requirements on obtaining installment agreement approvals.

Objectives

• Determine the best practices for handling tax examinations
• Recognize your Rights To Appeal process
• Identify key issues that the IRS focuses on

Highlights

• Inflation Reduction Act
• Responding to an IRS examination letter
• Federal Tax compliance
• Appeals process

Who Will Benefit

CPAs, Attorneys, Enrolled Agents, Financial Professionals, and anyone interested in the fundamentals of this industry.

Credits