In 2015, the IRS first included micro-captives, or small insurance companies which have elected under section 831(b) to exclude premiums from their income, on its annual dirty dozen list. At
Continue Reading IRS Imposes New Reporting Requirements on Certain Micro-Captives
IRS Audits
Managing the Money From Legalized Marijuana: Accounting Tips for the Cannabis Industry
By Fox Rothschild LLP on
Tax and accounting issues you should not ignore when setting up your cannabis business:
The Trouble With Cash-Based Businesses
- Internal Controls – any cash-based business is closely scrutinized by the