Had an interesting conversation with my brother yesterday; he’s a CPA and runs a payroll processing business. Recently, he’s been approached as a CPA to represent certain medical marijuana dispensaries in CA that are having tax problems with the IRS. He wants no part of it. Although these businesses are legal in California, the IRS views them, for tax purposes, as illegal drug traffickers and by law deny them deductions for normal business expenses. My brother told them that the tax law is clear and that he wouldn’t produce business tax returns that did anything other than follow the law.
I hope that all of the tax issues re legalized weed get settled sooner rather than later at both the state and federal level. I suspect that WA’s and CO’s new laws will hasten that.
Oddly enough, since drugs are more of a liberal or libertarian issue rather than a Republican one, those left-leaning groups are now discovering the doctrine of states’ rights.
The problem is that most pols -- Ds and Rs alike -- all want to look tough on crime, and drugs have become an easy way to feign that posture.
Sadly, it never occurs to any of them that maybe it’s none of their damned business if people take drugs in a responsible manner.
“A drug is not bad. A drug is a chemical compound. The problem comes in when people who take drugs treat them like a license to behave like an asshole.” -- Frank Zappa
A few of the gun blogs have been discussing Obama’s dog-and-pony gun control speech last week. It contains this paragraph:
“If you think that checking someone’s criminal record before he can check out a gun show is common sense, you’ve got to make yourself heard. If you’re a responsible, law-abiding gun owner who wants to keep irresponsible, law-breaking individuals from abusing the right to bear arms by inflicting harm on a massive scale, speak up. We need your voices in this debate. If you’re a mom like Katerina who wants to make this country safer, a stronger place for our children to learn and grow up, get together with other moms like the ones here today and raise your voices and make yourselves unmistakably heard.”
I imagine he meant to say something different, but the paragraph above is taken from the White House web site. Not quite sure what it means; a background check before you enter the building?
Monday…gaaaaaaaah!!1!yuck!
Happy Birfday 1/7, Sulla!
Hey…who left the screen door to teh cage open??!?
Happy birthday, Sulla!
Sorry the dog got into your cake.
Happy birthday, Sulla, you April Fool!
Happy birthday, Sulla!
Had an interesting conversation with my brother yesterday; he’s a CPA and runs a payroll processing business. Recently, he’s been approached as a CPA to represent certain medical marijuana dispensaries in CA that are having tax problems with the IRS. He wants no part of it. Although these businesses are legal in California, the IRS views them, for tax purposes, as illegal drug traffickers and by law deny them deductions for normal business expenses. My brother told them that the tax law is clear and that he wouldn’t produce business tax returns that did anything other than follow the law.
Interesting write up here:
http://www.forbes.com/sites/janetnovack/2012/07/13/owner-of-nations-first-marijuana-pharmacy-now-broke-and-fighting-irs/
I hope that all of the tax issues re legalized weed get settled sooner rather than later at both the state and federal level. I suspect that WA’s and CO’s new laws will hasten that.
Oddly enough, since drugs are more of a liberal or libertarian issue rather than a Republican one, those left-leaning groups are now discovering the doctrine of states’ rights.
The problem is that most pols -- Ds and Rs alike -- all want to look tough on crime, and drugs have become an easy way to feign that posture.
Sadly, it never occurs to any of them that maybe it’s none of their damned business if people take drugs in a responsible manner.
Agreed. Me, I’d say legalize all of them and allow citizens to make their own choices on usage.
BTW, that is one of the cutest thread pictures ever!
Hmmmm. Raiders pick up a new QB: Matt Flynn from Seattle. Not sure if this is good news or not.
A few of the gun blogs have been discussing Obama’s dog-and-pony gun control speech last week. It contains this paragraph:
“If you think that checking someone’s criminal record before he can check out a gun show is common sense, you’ve got to make yourself heard. If you’re a responsible, law-abiding gun owner who wants to keep irresponsible, law-breaking individuals from abusing the right to bear arms by inflicting harm on a massive scale, speak up. We need your voices in this debate. If you’re a mom like Katerina who wants to make this country safer, a stronger place for our children to learn and grow up, get together with other moms like the ones here today and raise your voices and make yourselves unmistakably heard.”
I imagine he meant to say something different, but the paragraph above is taken from the White House web site. Not quite sure what it means; a background check before you enter the building?