The legal business of selling marijuana in the US is booming. Total sales exceed $13 billion in 2019. A total of 35 states have legalized marijuana for federal use. This course will address Federal and State Tax impacts associated with legalized marijuana. We'll examine the legality of selling marijuana, the current regulatory restrictions in place and various tax regimes in connection with this industry.
Course Publication Date:
July 20, 2021
This course is available with
NO ADDITIONAL FEE if you have an active
self study membership or
all access membership or
webinar membership or can be purchased for
$20.00!
| Author: | Frank Castillo CPA |
| Course No: | TAX-WEED-71901 |
| Recommended CPE: | 2.00 |
| Delivery Method: | QAS Self Study |
| Level of Knowledge: | Basic |
| Prerequisites: | None |
| Advanced Preparation: | None |
| Recommended Field of Study: | Webinars - On Demand
Taxes
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Learning Objectives
- Identify the economic impacts and types of tax stemming from the sale of marijuana.
- Recall various state tax methodologies relating to marijuana sales.
- Identify challenges employers face when implementing policies that address marijuana usage in the workplace.