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07-23-2010, 07:25 PM #1OPSenior Member
Caregivers, meet the IRS, DoR
Medical marijuana rules: Top ganjapreneur Jill Lamoureux-Leigh weighs in on what comes next - Denver News - The Latest Word
Caregivers used to be able to buy wholesale from dispensaries. Now because marijuana can only be retailed at a center, a caregiver can't have retail sales tax license, so they will have to buy retail at the centers and pay sales tax on it -- and they can't pass that sales tax on to patients. However, the caregiver can charge for his or her services. If they are doing that, it needs to be properly licensed in their jurisdiction as a home-based business and reported to the IRS as a home-based income and the Colorado Department of Revenue as a service income.TheReleafCenter Reviewed by TheReleafCenter on . Caregivers, meet the IRS, DoR Medical marijuana rules: Top ganjapreneur Jill Lamoureux-Leigh weighs in on what comes next - Denver News - The Latest Word Rating: 5
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