Marijuana: Legislative Status Report Plus the IRS weighs in with Tax Information and FAQs Webinar
Even with legislation stalling, the IRS is beginning to weigh-in on the marijuana business. This is big business! Banks are making a great deal of revenue from customers in the marijuana industry. This program is an update and a review on your legal requirements for marijuana related businesses.
What You Will Learn
- Definition of marijuana in your state
- Understanding the business of marijuana
- How marijuana related businesses work with the IRS
- Review key requirements for SARs, CIP and CDD
- IRS FAQs for marijuana
- Using third party vendors
- Building your business plan to handle customers in the industry
- Is it time to move ahead with or without legislative support on the federal level
Who Should Attend
Bank Management, BSA, Compliance, Marketing, Operations
Continuing Education (CE) Credits
This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.
Instructor
Deborah Crawford is the President of Gettechnical Inc., a Virginia based training company. She specializes in the deposit side of the financial institution and is an instructor on IRAs, BSA, Deposit R... read more.
