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WebFeb 14, 2014 · In assessing the risk of providing services to a marijuana-related business, a financial institution should conduct customer due diligence that includes: (i) verifying with … WebMay 10, 2024 · The IRS has not issued any specific guidance stating a cannabis business would be denied the ERC; however there always is a level of uncertainty, especially … ronald rich attorney michigan
Cannabis Businesses May Qualify for the Employee Retention Credit
WebMar 15, 2024 · March 15, 2024 Owners of essential businesses might assume their companies are ineligible for employee retention credits (ERC) because they neither met the revenue decline thresholds nor experienced a suspension of operations due to a government order. WebJun 21, 2024 · This article reviews the evidence regarding indications for and risks of medical marijuana in this population. Journal of the American Geriatrics Society , June 12, 2024 WebJan 29, 2024 · Section 206 of the Taxpayer Certainty and Disaster Tax Relief Act (the Act) permits an eligible employer to take the Employee Retention Credit (ERC), even if the employer has received a Paycheck Protection Program (PPP) loan. The ERC can be taken retroactively, for qualifying wages paid after March 12, 2024. ronald richard boito