Topic Thread

Cannabis Taxation - 280E and STATE taxation

  • 1.  Cannabis Taxation - 280E and STATE taxation

    Posted 8 days ago
    hi,

    Maryland Taxation

    i am reaching out for any comments on state income taxation of a Marijuana Dispensary.  The federal laws prohibit anything other than COGS. however, we are operating in a state where it is legalized for Medicinal purposes.

    Can a taxpayer deduct for the state  that which has not been allowed by the FEDS  ?


    Any help appreciated.

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    Abby Alhante
    KURCIAS & ALHANTE, CPAs LLC
    Melville NY
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