Should Weed Be Taxed?!

When dealing with marijuana, the issue of whether or not to declare it on your taxes is bound to come up sooner or later. Needless to say, one who makes their money through the illegal sale of marijuana should not declare such things. It is important to know the law no matter how little you may have to deal with accounting. With tax day come and gone, many may spend the entire year wondering if they made the right choice about declaring weed on their taxes. Hiring an accountant can always be a helpful way to make sure that you are getting all you can on tax day. There are simply too many things that can slip under the radar when a regular person is doing their own taxes. But the person in the following story may have done better without one.  The Real Business of Drug Dealing Rebecca Renae Powell is from Wasilla, Alaska where she works as an accountant. Though a previously trustworthy person, Rebecca has been recently charged with six counts of filing false tax returns. Powell was doing taxes for an acquaintance way back in 2007 when this whole mess started. She must have done a great job as the recipient of Rebecca’s work was able to claim Earned Income Credit. This just shows how professional Rebecca was when preparing her acquaintance’s taxes. Eventually, Rebecca...

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