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We generally recognize that unlicensed cannabis dealers have a potential legal and financial tax liability issue due to unreported income….
Seven out of ten New Jersey voters this month affirmed that we must decriminalize marijuana. The state’s Attorney General quickly…
The New Jersey Society of CPAs is moving at a rapid pace following passage of the legalization referendum on November…
This statement was released 11/5/2020 by Ralph Albert Thomas, CPA (DC), CGMA, CEO and Executive Director New Jersey Society of…
Going forward, cannabis will primarily be a revenue issue and not so much a criminal issue in New Jersey. But…
New Jersey voters will decide if pot should be decriminalized in the November 3 election. Every indication is that the…
Common sense, anecdotal conversations and third party reports tell us that the unlicensed pot industry is growing and will always…
A recent U.S. Tax Court Case captioned “Raymond Chico and Ruby Chico v. Commissioner” , Respondent upheld the use of…
A recent U.S. Tax Court case challenged the ability of the Internal Revenue Service to deny all tax deductions as…
Too many hardworking small business owners fall victim to false beliefs and rumors about the law and wind up risking…
