IRS Chief: Agency Would ‘Prefer’ If Cannabis Companies Could Pay Tax Electronically
Holding large sums of cash is too risky for Internal Revenue Service (IRS) personnel. Hmm. The agency would prefer electronic tax payments. Okay. They say the cash-based system in use now is tedious and risky. Absolutely. The cannabis industry has been clamoring for banking access. Cash is notoriously tricky to track. Rep. David Joyce (R-OH)