Avantpay|19 - the intersection of Payments | Cannabis | Cryptocurrency

Joshua Radbod Joshua Radbod
Posted at 3/31/2019

Hi everyone, just joined here! We at Avantpay are hosting a conference (www.avantpay.io) in Washington DC, Sept 30 - Oct 1, 2019 and are looking for speakers who are experts in payments, cannabis, & cryptocurrency. Please check us out and let me know if you are interested in participating in some way (speak/attend/sponsor). Expecting 500+. Thanks!

Joshua M. Radbod 


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  • #payments
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James Thorburn James Thorburn
Posted at 1/4/2018

Dear NCIA friends:

As we embark upon 2018, Thorburn Walker continues to be at the forefront of cannabis tax defense.  It was disappointing, but not unexpected, that Jeff Sessions would rescind the Cole and Ogden Memos.  However, it was this possibility that kept us moving in aggressively defending IRS audits of cannabis clients. 

Jeff Sessions is giving the green light to cannabis prosecution. Whether or not they will occur remains uncertain.  Regardless, given the dual nature of IRS 280E audits, it is important to protect your rights.  The cold, hard, truth of Section 280E is that it applies only to persons who are operating in violation of drug laws.  In the IRS’s view of the statute, those who sell cannabis are violating federal criminal drug laws and, thus, Section 280E applies.

We believe that the IRS has been sharing audit information the Department of Justice.  The IRS denies this is occurring.  What we do know from our court cases, however, is that the IRS/DOJ is zealously defending their ability to share audit information.  Given that DOJ is one step closer to actual prosecutions, this potential for sharing becomes even mo...more

Categories: Lawyers & Legal Services
  • 280E
  • Jeff Sessions
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