Blog

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 […]

With nearly two-thirds of the country having legal cannabis in the form of either medical or recreational programs, comes a series of conflicting and confusing taxes and regulations that are applied across the country. Every state has its own rules and California cannabis taxes are no different. Because there is no overarching federal regulations on […]

With the many taxes that you have to pay in California, the cannabis sales tax is one that you’ll no doubt encounter, making it important to know what it’s all about. What do I need to know about cannabis sales tax? A cannabis sales tax is imposed on all sales of marijuana and in California […]

In October the United States Internal Revenue Service (IRS) issued new guidance for taxpayers to calculate the taxes they owe on cryptocurrencies. It was the first time in five years that the IRS had issued guidance related to paying taxes on crypto. Given that the entire cryptocurrency industry is hardly over a decade old, the […]