Dispensary owners now finally have some precedent to follow in arriving at federal taxable income. In Olive v. Comm’r, 139 T.C. No. 2 (8/2/12), Mr. Martin Olive the owner of an operation called the Vapor Room was required to prove among other things that he was entitled to deduct the Vapor Room’s claimed amounts of cost…Details
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Read about some of John’s more memorable experiences navigating the conflicting sections of the Internal Revenue Code.