Adam Abrahams - The Legal Tax Junkie

In this episode, Adam answers listener questions about Tax Opinion Letters - What is a tax opinion and why might you want one? Surprisingly, many clients and tax advisers have trouble saying exactly just that. Do Tax Opinions Bind the IRS? Are Tax Opinions About Penalty Protection? Should I Get An Opinion if I'm Audited? Do Good Tax Opinions have to be “Strong and Assertive?” Can Assumptions Be About Anything & Do they have to be Reasonable assumptions? Is there any Advantage In Writing Opinions Early? Should Give the Opinion To the IRS? Should Give the Opinion To the Return Preparer? Are Opinions Helpful In a Dispute? These and other questions are discussed in an attempt to dispel the prevailing myths about Tax Opinion Letters.

Cannabis: An In-depth Conversation with Attorney Mike Rothman

Operating Cannabis for medical or Adult Use of the product sounds fulfilling and lucrative. Beware of the legal, tax, financial and other minefields standing in your way! The issues presented to business owners are daunting enough – now add a layer about Cannabis business operations! In this episode, I discuss such issues with Attorney Mike Rothman, an attorney experienced in Cannabis-related matters.

Cannabis businesses face financial and regulatory hurdles such as banking and congressional action proceeding at a snail’s pace. Have you also considered growing Hemp? Part II of Cannabis business operations focuses on banking, legislative agendas, hemp issues, and related topics. Attorney Mike Rothman joins me again for an insightful discussion that will benefit Cannabis (and Hemp) business owners.