About this episode

This episode discusses the tax implications of recent changes affecting state-legal medical cannabis businesses and related tax issues.

https://vimeo.com/1186533175?share=copy&fl=sv&fe=ci https://www.currentfederaltaxdevelopments.com/podcasts/2026/4/25/2026-04-27-no-more-280e-for-state-legal-medical-cannabis-businesses This week we look at: Tax Implications of the Rescheduling of State-Licensed Medical Marijuana Disallowance of COVID-19 Leave Credits: A Review of Substantiation and Trade or Business Requirements Substantiation, Entity Indebtedness, and Business Expense Deductibility: An Analysis of the Simmons Case The Tenth Circuit Codifies the Reach of the Economic Substance Doctrine Over Mechanical Statutory Compliance Treatment of Loyalty Rewards Program Funds and the Claim of Right Doctrine Valuation and Penalty Controversies in Estate Tax Examinations

People in this episode

Host: FICPA Podcasts

Topics covered

• Tax Implications
• Medical Marijuana
• COVID-19 Leave Credits
• Business Expense Deductibility
• Economic Substance Doctrine
• Estate Tax Examinations

Keywords

• Federal Tax Update
• 280E
• Medical Cannabis
• COVID-19 Leave Credits
• Economic Substance Doctrine
• Estate Tax
• Business Expenses

Mentioned in this episode

Organizations: Simmons Case, Tenth Circuit, COVID-19 Leave Credits, Economic Substance Doctrine, Loyalty Rewards Program, Claim of Right Doctrine, Estate Tax

Products: Medical Cannabis

More episodes of FICPA Podcasts

• Federal Tax Update: Treasury Previews Upcoming 280E Medical Marijuana Guidance · May 4, 2026 · 1h 1m

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