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Federal tax relief could save Missouri marijuana businesses millions
Original: Federal tax relief could save Missouri marijuana businesses millions, but IRS rules are unclear
Missouri marijuana businesses stand to save millions of dollars under potential federal tax relief, but uncertainty over IRS rules is clouding how much they would actually benefit. The state's cannabis industry, among the newest legal markets in the US, is watching closely as tax treatment for legal marijuana operators remains inconsistent and guidance from federal authorities is still unclear.
Why now: Talk of federal tax reform for the marijuana industry is circulating, and Missouri operators and industry watchers are weighing what it could mean for their bottom line
Missouri marijuana businessesIRSKCUR
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- Federal tax relief could save Missouri marijuana businesses millions, but IRS rules are unclear · KCUR
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