A Breakdown of the IRC 280E: The blunt truth about becoming audit ready: as new licensees and new plant-touching business owners you have a lot on your plate to get up and running and profitable. But, too often you’re not aware that in order to protect yourself and your business from audit, you must have an accounting process in order. This presentation delves deeply into the nuances of becoming 280E compliant by preparing your accounting system well in advance for audit.