Federal Tax Case Lost on FedEx Snafu
The U.S. Ninth Circuit Court of Appeals halted a challenge to industry-hated tax rule 280E over a missed filing deadline.
A Thursday opinion upheld the U.S. Tax Court’s dismissal of challenges to income tax deficiencies issued by the IRS. The companies--Organic Cannabis Foundation LLC and Northern California Small Business Assistants Inc., both owned by Dona Ruth Frank--operated MED dispensaries in California. The Ninth . . .
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