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Congress changed this requirement to require reporting of transactions totaling more than $600 effective starting in 2022, said Luscombe. ... will receive 1099-K forms, ... 1099-Ks for personal ...
The Kansas Attorney General stated that he would sue the city if the measure passed, arguing the city does not have legal authority to reduce cannabis penalties. [6] The Kansas Attorney General subsequently sued the city to hold the initiative. The Wichita City Council later unanimously voted to approve a similar ordinance in 2017. [7]
Timeline of Gallup polls in US on legalizing marijuana. [1]In the United States, cannabis is legal in 39 of 50 states for medical use and 24 states for recreational use. At the federal level, cannabis is classified as a Schedule I drug under the Controlled Substances Act, determined to have a high potential for abuse and no accepted medical use, prohibiting its use for any purpose. [2]
The year 2022 began with several United States cannabis reform proposals pre-filed in 2021 for the upcoming year's legislative session. Among the remaining prohibitionist states, legalization of adult use in Delaware and Oklahoma was considered most likely, and Maryland, Ohio, Pennsylvania and Rhode Island somewhat less likely; medical cannabis in Mississippi was called likely at the beginning ...
Even as most states move forward with some form of legal marijuana, the Kansas Legislature is gridlocked. While the state House passed a limited medical marijuana measure in 2021, the idea has ...
Tax season is underway and one of the most buzzworthy documents has been Form 1099-K. If you're used to filing with Form 1099-K, it won't surprise you. However, some receiving the form might not...