Is Medical Marijuana Tax deductible? In this video. I’ll be answering the question. Are medical marijuana expenses tax deductible? With lots of states legalizing marijuana, it’s all very interesting.
If marijuana is legal in your state, then you’ll want to watch this video. Later on, I’ll explain who can deduct medical expenses and how to deduct them on your personal tax return.
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Do you have questions about Is Medical Marijuana Tax Deductible? CPA Explains | Cannabis Business Tax? I’m an Illinois licensed, Registered Certified Public Accountant with over 25 years of experience. I’m dedicated to providing outstanding tax and accounting services to individuals and small businesses in the Chicago area.
Disclaimer: Any accounting, business or tax advice contained in this article, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. If desired, I would be pleased to perform the requisite research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired consultation services.
