Yet another idiot doing taxes

[Captain Trips]

Marinol is not particularly effective for some reason. I've known patients who've tried it. They've all said pot is much better.

^this^

Marinol only has one active ingredient, a synthetic cannabinol form of delta-9-thc. The plants contain numerous cannabinols and cannabidols, in different ratios depending on species and strains. Some (sativas) are better for mental issues (such as migraines or depression) while others (indicas) are good for physical pains (such as carpal tunnel, my personal qualifying syndrome.) And if you need a combination of the two effects, there are hybrids of different proportions out there.

And the plants are definitely cheaper for a 30-day supply.

Oh, yes -- I live in California, have a medicinal use card, and am not afraid of the Feds. My own city council, on the other hand, took the state to the U.S. Supreme Court over this - they don't want to allow dispensaries, claiming they don't have to based on the federal laws, while the state says they must anyway.
The supreme court sided with the state. So much for the feds.

[EricKei]

Don't mess with the IRS. They're mean.

^-.-^

Yeah! Didn't they order several thousand shotguns for ...some reason...a few months back? >_>

[Shalom]

Some (sativas) are better for mental issues (such as migraines or depression) while others (indicas) are good for physical pains (such as carpal tunnel, my personal qualifying syndrome.)

Interesting. I'd been under the impression that C. sativa wasn't good for anything but making rope (and paper, which is supposedly one of the reasons that it got banned in the first place), whereas C. indica was the one with medicinal properties. Didn't know that both were usable medicinally.

And the plants are definitely cheaper for a 30-day supply.

Oh hell yes.

I'm just not enamoured of the route of administration on general principles. If it can be taken in other ways than smoking it, though, then I've got no problem with it, except insofar as my license requires me to obey federal as well as state laws; if it's in Schedule I, which cannabis is, I can't dispense it. Although I'm not licensed in any state that's legalized the stuff anyway, so it's academic as far as I'm concerned.

(Didn't they use to bake it in brownies? I suppose if burning it doesn't destroy the cannabinols, baking it wouldn't either.)

[Sapphire Silk]

I'm just not enamoured of the route of administration on general principles. If it can be taken in other ways than smoking it, though, then I've got no problem with it, except insofar as my license requires me to obey federal as well as state laws; if it's in Schedule I, which cannabis is, I can't dispense it. Although I'm not licensed in any state that's legalized the stuff anyway, so it's academic as far as I'm concerned.

(Didn't they use to bake it in brownies? I suppose if burning it doesn't destroy the cannabinols, baking it wouldn't either.)

Yes, it is often baked into brownies, cookies, and cakes. It can also be made into butter. It seems to affect the action and effect, allegedly making for a more intense high. But it also takes longer to absorb in the digestive tract; up to two hours. It can be made into a kind of tea with milk called bhang; this has been done for centuries.

I've also heard of people nebulizing it, because they didn't want to smoke it. Supposedly nebulization works just as well as smoking, sans the carbon monoxide.

[Mikkel]

Cookies taste good, pot give a slightly bitter taste, and work well. The only problem is that it's difficult to dose the cookies. You may end up sitting admiring the way the shadows move for hours, or you may not feel anything, depending on the strength and number of cookies .
I primarily tried cookies with hashish in my younger, smoking days. Pot may be easier to dose, especially if you buy from the same grower every time.

[Plague*Star]

WHO THE HELL TRIES TO CLAIM POT GROWING AND SELLING??????????

I was just on Weather.com and they had a video about a moron who called 911 to inquire how much trouble he could get for growing Marijuana.

He is now finding out.

P*S

[Aethian]

Speaking of baking the drug into brownies... I was watching a documentary and in it they talked to a couple who own a very large piece of property. They grow, harvest, and then send the product to their own lab. After that it's then baked into various goods like brownies, cookies, and the like. They then take random samples to make sure the THC is the same level approximate throughout the goods.

I've been looking for the company again because a friend of mine is legalized for his consumption. I believe it's in Colorado.

[Dreamstalker]

I was just on Weather.com and they had a video about a moron who called 911 to inquire how much trouble he could get for growing Marijuana.

We saw that on the news last night.

Mom: "Product testing a little early, isn't he?"

When we were cleaning out my grandmother's house, we found a little pot stash from the 60's. Although probably impotent(?) by today's standards it was still "good"...just as a seed from the batch looked like it was sprouting, somebody (not mom, she was as curious about the viability of the seeds as I was) threw it out.

[smileyeagle1021]

So of course we filed it but with notes in the preparers sections. We believe this is an illegal business.

Please say you didn't actually put that on the return? While the IRS doesn't care, if he keeps a copy for his records (which he is supposed to for 7 years) and the police get a hold of his copy in a search, his records are admissable in court.
I won't argue that this guy has problems, but as a profession accounting is useless if a client can't trust their accountant and as long as disclosure is not required, then it is not unethical to not report.

Okay, so it's a business. Did he report last year's profits?

we can hope so. though it is entirely possible that he had a net operating loss... in which case he'd be smart to not report it... audits are messy enough when on legit businesses... even if the IRS can't arrest you for growing and distributing, federal agents with guns going through your stuff tends to scare away customers (yes, armed agents do participate in audits... and by guns, I mean guns that would make Neo blush. I've met some of those agents before... you don't fuck with them)

I'm surprised he didn't try to claim part of his electric bill too

that actually would be a legit deduction...
Only thing you can't deduct in illegal sales is cost of goods sold.

If not, you can always make an anonymous tip to the police.

There are four professions where confidentialiy is of utmost importance, those are medical, legal, accounting, and religious. Much as doctors, lawyers, and priests can't be forced to testify (and shouldn't testify even by choice)

IRS you have to say ALL income. Period.
The IRS doesn't care if you grow pot. They just want to know how much money you made.

Hell, I know a drug dealer that filed. Every year. They did not care.

hell, my tax professor last semester did a return for a guy who would plead guilty to crimes and serve time for people for money (minor crimes in the scheme of things, drug dealing etc, he'd become just involved enough in the activity that he could be a fall guy, get a short prison sentence, then get a shitload of cash).
She filed it all for this guy as "income from other personal services"
No one was ever the wiser.

Yeah! Didn't they order several thousand shotguns for ...some reason...a few months back? >_>

Did anyone else see the movie "For Richer or Poorer" with Tim Allen... I'm reminded of a scene where a senior IRS agent and a rookie are chasing Tim Allen and the senior agent pulls a gun and the rookie says "I may be new, but I don't think we shoot people for not paying taxes" and the senior agent replies "you're right... you are new"

[Thuringwethyl]

If the Joker pays his taxes, so should everybody. I remember an old episode of the "Batman and Superman Adventures" where he said that Batman was one thing but the IRS wasn't to be messed with.

[Dave1982]

We're veering back into Fratching territory folks. This is the second warning.

Any more Fratching posts and this one gets closed.

[RavenStarr]

So of course we filed it but with notes in the preparers sections. We believe this is an illegal business.

Did you actually put notes with his return? If you did, then from what I've read in this thread so far, you just violated accountant/client confidentiality.

[Sapphire Silk]

There are four professions where confidentialiy is of utmost importance, those are medical, legal, accounting, and religious. Much as doctors, lawyers, and priests can't be forced to testify (and shouldn't testify even by choice)

As a nurse, I cannot testify or answer questions to anyone, including law enforcement, without: written consent of the patient, a subpoena, or a judge's direct order.

[Andara Bledin]

As a nurse, I cannot testify or answer questions to anyone, including law enforcement, without: written consent of the patient, a subpoena, or a judge's direct order.

Precisely. And as I quoted earlier, doing otherwise with tax records can get you hit with a $10,000.00 fine and incarceration.

^-.-^

[FArchivist]

Fun Fact: This has come up and been answered by the IRS several times. It seems that the IRS not only requires you to report illegal income, but they by law can't report the illegal income to the Dept of Justice or other relevant agency. And the justice agencies can't request the tax information without a court order and compelling reason, which has never been granted.

So, it's estimated that somewhere around 55-75% of the major drug trade in the USA is actually taxed on the income level by the federal government. Criminals have learned the lesson of Al Capone: pay your taxes!