Articles

If your organization has tax-exempt status under section 501(c)(3), you may assume your real estate is off the county tax rolls. In Oregon, that assumption is wrong often enough to catch many nonprofits by surprise. The federal income tax exemption a...

Key Takeaways The U.S. Department of the Treasury has previewed forthcoming guidance addressing Section 280E of the Internal Revenue Code in light of federal rescheduling. For cannabis businesses licensed in Oregon and Washington, the anticipated gui...

As 2025 comes to a close, we are taking a moment to look back on the year’s federal developments on cannabis and hemp. Is rescheduling actually going to happen? And is hemp now illegal?! Historical Context of Cannabis Rescheduling Let’s take a step...

For years, one of the most nerve-wracking moments for company founders and early employees has received a crucial, modern upgrade. The Internal Revenue Service (IRS) has finally entered the digital age for a key tax filing, reducing risk and simplify...

On April 30, 2024, the Associated Press announced the U.S. Drug Enforcement Agency (DEA) will move to reclassify cannabis from a Schedule I to Schedule III under the Controlled Substances Act. It is important to note that the move generally requires...

Tax policy is an interesting animal and odd results occur whenever non-tax people get involved in developing tax policy. Oregon Governor Tina Kotek and the Oregon Liquor and Cannabis Commission (OLCC) are jumping into the tax policy waters. Their inv...