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Archive by Month: December 2019

What You Need to Know About Massachusetts Cannabis Business Taxes

Articles/News, Hot Topics

Posted on December 17, 2019

Massachusetts legalized marijuana for adult use in 2016 and began collecting taxes on the sale of marijuana in 2018. If you are currently operating a cannabis business or you are considering starting one, there are several things you need to know to ensure that you are in compliance with Massachusetts law. Understanding your tax responsibilities is critical to ensure the success and longevity of your business. If you have questions about your tax obligations, contact Boston cannabis tax attorney Kevin E. Thorn to ensure you are in compliance.

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Three Ways a Massachusetts Tax Attorney Can Help Your Cannabis Business

Articles/News, Hot Topics

Posted on December 17, 2019

If you are one of our state’s cannabis entrepreneurs, you are most likely focused on developing your business, growing your customer base and providing a quality product at a competitive price. Like many other business owners, paying taxes may be an afterthought. Unfortunately, failing to give the appropriate time and consideration to your tax obligations cannot only result in financial penalties but may even result in criminal prosecution. Hiring an experienced Massachusetts tax attorney is an investment in the current and future success of your business.

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