Challenging 280E: Rescheduling, Refunds, and the Risk of Waiting | Calyx CPA x MJBizDaily
The shifting federal landscape around marijuana rescheduling and section 280E has created critical tax and compliance decisions for cannabis operators. This joint webinar with MJBizDaily breaks down historical tax mitigation strategies, recent federal developments, and why waiting passively for formal IRS guidance could cause operators to forfeit refund rights permanently.
Justin Botillier, CEO of Calyx CPA, and Jamie Jorgenstone, CPA & CTO of Calyx CPA, break down the statutory arguments and tax strategies step-by-step.
What you will learn:
Historical Context & IRC §280E: How 280E originated, the evolution of inventory accounting methods like IRC §471(c), and how the Supreme Court's overturning of Chevron deference (Loper Bright) impacts IRS regulatory authority.
Rescheduling & Litigation Updates: The tax implications of the DOJ rescheduling ruling for medical vs. adult-use operators, HHS findings on medical utility, and active Tax Court cases such as New Mexico Top Organics.
Strategic Planning & Expiring Statutes: Managing the 3-year statute of limitations for amended returns, establishing a "reasonable basis" position using Form 8275 disclosures, evaluating IRS audit/clawback risks, and taking proactive tax steps.
Talk to our team: https://calyxcpa.com
For informational purposes only; not legal or tax advice.
#CannabisTax #IRC280E #ScheduleIII #MarijuanaRescheduling #TaxRelief #CannabisAccounting #CalyxCPA #MJBizDaily
Justin Botillier, CEO of Calyx CPA, and Jamie Jorgenstone, CPA & CTO of Calyx CPA, break down the statutory arguments and tax strategies step-by-step.
What you will learn:
Historical Context & IRC §280E: How 280E originated, the evolution of inventory accounting methods like IRC §471(c), and how the Supreme Court's overturning of Chevron deference (Loper Bright) impacts IRS regulatory authority.
Rescheduling & Litigation Updates: The tax implications of the DOJ rescheduling ruling for medical vs. adult-use operators, HHS findings on medical utility, and active Tax Court cases such as New Mexico Top Organics.
Strategic Planning & Expiring Statutes: Managing the 3-year statute of limitations for amended returns, establishing a "reasonable basis" position using Form 8275 disclosures, evaluating IRS audit/clawback risks, and taking proactive tax steps.
Talk to our team: https://calyxcpa.com
For informational purposes only; not legal or tax advice.
#CannabisTax #IRC280E #ScheduleIII #MarijuanaRescheduling #TaxRelief #CannabisAccounting #CalyxCPA #MJBizDaily
Category Video Category
08/21/2026