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If you are a cannabis business in California, collecting and paying cannabis taxes is going to be part of your everyday life. By knowing exactly what you need to be collecting, you’ll not only make your business run smoother, but you’ll stay out of trouble with the law. While cannabis businesses are not the only […]

Whether you mine bitcoin for fun or profit, hold bitcoin as a long term investment, buy and sell bitcoin to day trade on its volatile price movements, or receive bitcoin as a gift, you are responsible for paying taxes on your bitcoin holdings if you reside in the US and are subject to the federal […]

Just like everyday people, businesses are subject to income taxes, even cannabis businesses. While the status of cannabis being illegal at the federal level may cause some hiccups if you are not prepared, being up to date on recent laws concerning taxes is crucial for a business. To make sure you get the most out […]

There are thousands of individuals and businesses around the world mining cryptocurrency as a hobby to learn about software, or as a serious for-profit business to earn a living. As of 2019 there were some 10,000 full bitcoin nodes worldwide (a full node is a server that maintains and verifies every single transaction on the […]

When it comes to starting a cannabis business, knowing about all the cannabis taxes should be one of your first steps. California has some pretty major taxes that can take a chunk out of your payday, but nonetheless, are necessary to keep your business running. While knowing what state taxes you are going to have to […]

With the marijuana industry still in its infancy, there has never been a better time to start your own cannabis business. However, making sure that you know what you need to do with your taxes and keeping your business lawful requires a lot of work that you’ll have to do all on your own. Plus, […]

Many cryptocurrency investors, or those who get paid in cryptocurrency are looking for ways to avoid taxes on crypto. The IRS is conspicuously clamping down on crypto tax avoidance in 2019, and beginning to provide more clarifications and guidance for paying taxes on crypto. As the tax authorities shed more light on the growing blockchain […]

With the legalization of cannabis in California, a new booming industry full of potential and prosperity has arrived with lots and lots of cannabis taxes. Cannabis taxes are an unavoidable part of being a user in the state, however, how many of them you have to pay is all up to whether or not there […]

If you just got to this article by Googling “how to hide crypto profits from the IRS” a disconcerting search query we’ve noticed some people are Googling (also “avoid crypto taxes”), please read the rest of this brief article before continuing your research. After reading you may want to reconsider your approach to saving money […]

With owning a business comes employees, meaning that you’ll need to know what to do with cannabis payroll taxes. All businesses, whether they are a nonprofit or for-profit, medical, or recreational, licensed by the Bureau of Medical Cannabis Regulation, that have or use employees, are subject to payroll taxes. Cannabis payroll taxes are taxes paid […]