Recalculating COGS for Cannabis Companies Subject to IRC 280E

Recalculating COGS for Cannabis Companies Subject to IRC 280E

  OVERVIEW OF TIGTA REPORT DATED MARCH 30, 2020 The Treasury Inspector General for Tax Administration (“TIGTA”) was established in the 1980’s to provide independent oversight of the Internal Revenue Service’s (“IRS”) activities.  On March 30, 2020, TIGTA released...