Personal Finance Advice and Commentary

Tuesday, March 11, 2014 3:47 pm
By Kay Bell · Bankrate.com

Marijuana supporters had predicted much more in tax revenue during the legalization campaign.

Thursday, February 27, 2014 6:05 am
By Marcie Geffner · Bankrate.com

Feds offer banks guidelines for marijuana businesses. Banks say it’s not enough.

Tuesday, February 25, 2014 2:12 pm
By Kay Bell · Bankrate.com

Legitimate marijuana business owners are running into problems with the IRS and its tax code.

Thursday, February 06, 2014 2:00 pm
By David McMillin · Bankrate.com

Cannabis business owners are struggling with being shut out of the banking industry.

Tuesday, February 22, 2011 3:44 pm
By Kay Bell · Bankrate.com

Drugs have always tempted individual users. Today, they also are attractive to states and local jurisdictions facing fiscal difficulties. Several states require that dealers of various illegal drugs buy tax stamps. Now, lawmakers in more states and municipalities are looking at similar ways to make some much-needed legal money off illegal acts. The taxation of illegal drugs