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IRC Section 280E Will No Longer Apply if Marijuana Is Rescheduled
The National Law Review· 9 hours agoOn May 16, 2024, the US Department of Justice submitted a Notice of Proposed Rulemaking (NPRM) to reschedule marijuana from Schedule I to Schedule III within the Controlled Substances Act.
Maximizing QSBS Benefits with Estate Planning: The Art of Stacking | JD Supra
JD Supra· 21 hours agoThe combined effect of lower corporate tax rates together with the benefits of QSBS have made corporations attractive, particularly for startup companies. Section 1202 of the Internal Revenue ...
Their Trains Were Stalled. These Hackers Brought Them Back to Life.
The Wall Street Journal· 2 days agoIn the final week, they pored over code in 24-hour shifts. They coordinated with partners not over...
‘Hurricane Season from Hell’ could drive up home insurance costs on vulnerable U.S. coastline
KTBS Shreveport· 2 days agoWeather experts have warned that the 2024 hurricane season could be especially destructive. The U.S....
Insurance Research Council: Home Insurance Spend Outpaces Household Income Growth
Insurance Journal· 7 days agoLooking at the the years 2001 to 2021—the latest year in which relevant data is available—homeowners spent about 2% of household income on homeowners insurance, with what the IRC< ...
Micron and GlobalFoundries boost U.S. semiconductor workforce By Investing.com
Investing.com· 12 hours agoMicron Technology, Inc. (NASDAQ:MU) and GlobalFoundries (NASDAQ:GFS) have unveiled a strategic...
Tax Law Update: June 2024
WealthManagement.com· 1 day agoThe most pressing tax law developments of the past month.
IRS Issues Proposed Foreign-Trust Regulations
WealthManagement.com· 5 days agoOn May 7, 2024, the U.S. Treasury and Internal Revenue Service issued proposed regulations that provide guidance regarding information reporting of...
Rescheduling Marijuana FAQs: How Do I Submit Comments on DEA’s Proposed Rules? | JD Supra
JD Supra· 2 days agoOn May 16, 2024, the U.S. Drug Enforcement Administration (DEA) released the proposed rule (Proposed Rule) to reschedule marijuana from Schedule I to Schedule III under the Controlled Substances ...
Penalties Properly Assessed for Failure to File Form 5472
WealthManagement.com· 7 days agoEarlier this month, the U.S. Court of Appeals for the District of Columbia Circuit issued a decision...