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Tax Court Allows Mylan to Deduct Patent Suit Legal Fees

The United States Tax Court on April 27, 2021, ruled that Mylan Inc. could deduct the legal fees it incurred in defending itself against patent infringement claims made by other drug manufacturers while pursuing generic...more

Form 8300: When To File and What To Do With Cannabis Business Cash

Cannabis businesses that regularly transact in cash need to strongly consider creating an internal policy to ensure that the Form is regularly completed and filed. The cannabis business is busier than ever and with all of...more

Congress Passes Expanded Paycheck Protection Program (PPP) Including Second Draw

The highly anticipated coronavirus relief package was passed by Congress late on December 21, 2020, and is expected to be signed into law in the coming days. As part of the coronavirus relief package, Congress has...more

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