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Taxation of Cannabis and Cannabis Products in California

On November 8, 2016, Proposition 64 was approved in California, legalizing the commercial use cannabis by adults. Later, Proposition 64 was amended by Senate Bill 94 in order to standardize the licensing and regulation of medicinal and commercial cannabis. The new provisions created by this amendment are called the Medicinal and Adult-Use of Cannabis Regulation […]

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Bitcoin and Other Virtual Currencies

Bitcoin was created back in 2009. It’s a digital currency system that doesn’t have any central regulatory authority or bank. That means no government or financial institution regulates this currency. Apart from lacking a central regulatory control, Bitcoin is also unique as users can remain anonymous and perform transactions through only an identification number. Since […]

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Change The Date Initiative

Each year, unbeknownst to many who are self-employed, business owners, or independent contractors, the City of Los Angeles requires everyone conducting business within the city limits to register his or her business and file a Business Tax Registration Renewal by February 28th. The major tax filings, Federal and State, on the other hand, are not […]

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