Nick Richards, Esq. is an attorney and former IRS attorney who is now a Partner in the Tax practice group at Greenspoon Marder LLP. Life and business is likely to find permanent changes after the corona virus, as things will not go back to being just the same as before. In the meantime, the pressure of collecting from tax debtors has eased. The IRS enacted special provisions and allowances in tax payments and ease the use of liens and levies. In the early stage of social distancing, there was a bump in sales and consumers sought to build reserves while they could. But despite disruptions in many supply chains, cannabis sales have remained steady. Still, the industry must remain adaptive to the shifting landscape when the post COVID era determines which changes are temporary and which are permanent harbingers for a shifting societal direction.
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