Cannabis Business Resources March 2019 Tax News
Income tax resources for newly licensed business
California began issuing licenses to cannabis businesses in 2018. Therefore, many of these businesses will soon be filing their first income tax return with California. To assist these taxpayers with their filing requirements, FTB created a dedicated webpage with up-to-date information specific to the cannabis industry. Forms, instructions, contact information, and even videos are available on this webpage to assist cannabis businesses.
Where can you get more information?
Visit our cannabis industry page for additional information on cannabis business income tax, including our cannabis email address.