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Potential law changes could mean big tax refunds for these businesses

February 16, 2024

A Baltimore accounting firm is urging cannabis companies to prepare for a change in federal law that could result in millions of dollars in tax refunds. Vadim Ronzhes, tax director at Towson-based Rosen, Sapperstein & Friedlander, is advising cannabis firms across the state to file a protective claim with the IRS because the federal government faces several legal actions and new regulations that could change how the nascent industry is taxed.

Article Source: Baltimore Business Journal

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