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Lawmakers Push IRS To Issue ‘Prompt’ Tax Guidance For Marijuana Businesses Now That Rescheduling Is Happening

ByPot Shop News

May 28, 2026

[#item_full_content] A group of congressional lawmakers are pressing federal officials to issue “prompt guidance” on tax issues for marijuana businesses in light of the Trump administration’s move to federally reschedule cannabis. A new letter, led by Reps. Steven Horsford (D-NV and Steve Cohen (D-TN), notes that “state-legal cannabis businesses have been denied ordinary business tax deductions Lawmakers Push IRS To Issue 'Prompt' Tax Guidance For Marijuana Businesses Now That Rescheduling Is Happening Read More

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Lawmakers Push IRS To Issue ‘Prompt’ Tax Guidance For Marijuana Businesses Now That Rescheduling Is Happening

ByPot Shop News

ByPot Shop News

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