Archives for January 2019

Find out how tax reform affects your businesses’ bottom line at IRS.gov

Find out how tax reform affects your businesses’ bottom line at IRS.gov

Business may find they have questions about how 2017’s tax reform legislation affects their organization and their bottom line. IRS.gov is a great place to find answers. Here are several resources on the IRS website that address tax reform.

Tax reform provisions that affect businesses
This is the main page for businesses. Users can link from this page out to more resources with additional information, which is organized in sections by topic. These sections include a plain language description and links to news releases, notices and other technical guidance. Here are a few of the main tax topics on this page and the subtopics highlighted in each section:

Income: taxation of foreign income, carried interest, and like-kind exchanges
Deductions and depreciation: fringe benefits, moving expenses, standard mileage rates, deduction for passthrough businesses, and business interest expenses
Credits: employer credit for paid family and medical leave, and the rehabilitation tax credit
Taxes: blended federal income tax and withholding
Accounting method changes
Opportunity zones

This page also includes information for specific industries, such as farming, insurance companies, and aircraft management services.

Tax Reform Small Business Initiative
This one-stop shop highlights important tax reform topics for small businesses. From this page, users can link to several additional resources.

Tax reform resources
From this page, people can link to helpful products including news releases, tax reform tax tips, revenue procedures, fact sheets, FAQs and drop-in articles. Organizations can share these materials including the drop-in articles with employees, customers and volunteers to help them better understand tax reform.

Tax Cuts and Jobs Act: A comparison for businesses
This side-by-side comparison can help businesses understand the changes the new law made to previous law. It will help businesses then make decisions and plan accordingly. It covers changes to deductions, depreciation, expensing, tax credits, and other tax items that affect businesses.

Tax reform: What’s new for your business
This electronic publication covers many of the TCJA provisions that are important for small and medium-sized businesses, their owners, and tax professionals to understand. This concise publication includes sections about:

Qualified business income deduction
Depreciation: Section 168 and 179 modifications
Business-related losses, exclusions and deductions
Business credits
Corporate tax provisions
S corporations
Farm provisions

Share this tip on social media — #IRSTaxTip: Find out how tax reform affects your businesses’ bottom line at IRS.gov
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BUREAU OF CANNABIS CONTROL, § 5053. Returns Between Licensees

§ 5053. Returns Between Licensees
(a) If a licensee discovers that a manufactured cannabis good that was purchased from another
licensee is defective, the purchasing licensee may return the cannabis good to the selling licensee
only in exchange for a non-defective version of the same type of cannabis good or in exchange
for a cannabis good of equal value.
(b) Except as provided in subsection (a) of this section, a licensee shall not return cannabis goods
purchased from another licensee.

Authority: Section 26013, Business and Professions Code. Reference: Sections 26013 and
26070, Business and Professions Code.

IRS reminds employers, other businesses of Jan. 31 filing deadline for wage statements, independent contractor forms

IRS reminds employers, other businesses of Jan. 31 filing deadline for wage statements, independent contractor forms

WASHINGTON — The Internal Revenue Service today reminds employers and other businesses of the Jan. 31 filing deadline that applies to filing wage statements and independent contractor forms with the government.

The Protecting Americans from Tax Hikes (PATH) Act requires employers to file their copies of Form W-2, Wage and Tax Statement, and Form W-3, Transmittal of Wage and Tax Statements, with the Social Security Administration by Jan. 31. The Jan. 31 deadline also applies to certain Forms 1099-MISC, Miscellaneous Income, filed with the IRS to report non-employee compensation to independent contractors. Such payments are reported in box 7 of this form.

This deadline makes it easier for the IRS to verify income that individuals report on their tax returns and helps prevent fraud. Failure to file these forms correctly and timely may result in penalties. As always, the IRS urges employers and other businesses to take advantage of the accuracy, speed and convenience of filing these forms electronically.

An extension of time to file Forms W-2 is no longer automatic. The IRS will only grant extensions for specific reasons. Details can be found on the instructions for Form 8809, Application for Extension of Time to File Information Returns.

The IRS noted that some employers who ordered paper information and employer returns may not receive them in time to meet the Jan. 31 deadline and should consider an alternate source for these forms. The IRS is filling these orders as quickly as possible. Click here for more information.

For more information, read the instructions for Forms W-2 & W-3 and the Information Return Penalties page at IRS.gov.

BUREAU OF CANNABIS CONTROL, § 5052. Temporary Licenses; Licensees in Operation at Time of Licensure

§ 5052. Temporary Licenses; Licensees in Operation at Time of Licensure
(a) A licensee operating under a temporary license issued pursuant to section 5001 is not
required to record commercial cannabis activity in the track and trace system as otherwise
required by this article.
(b) Temporary licensees shall track and record all cannabis commercial activities and
information required pursuant to this division and any other provision of law, at a minimum, on
paper receipts, invoices, or manifests.
(c) Any commercial cannabis activity conducted between annual license holders shall be
recorded in the track and trace system.
(d) Any licensee in operation at the time the annual license is issued shall enter all inventory into
the track and trace system no later than 30 days after the track and trace system account manager
attends the training required pursuant to section 5048.

Authority: Section 26013, Business and Professions Code. Reference: Sections 26050.1, 26067,
26070, 26160 and 26161, Business and Professions Code

BUREAU OF CANNABIS CONTROL, § 5051. Track and Trace System Reconciliation

§ 5051. Track and Trace System Reconciliation
(a) In addition to other inventory reconciliation requirements under this division, a licensee shall
reconcile the physical inventory of cannabis goods at the licensed premises with the records in
the track and trace database at least once every 14 days.
(b) If a licensee finds a discrepancy between its physical inventory and the track and trace system
database, the licensee shall conduct an audit, and notify the Bureau of any reportable activity
pursuant to section 5036.
Authority: Section 26013, Business and Professions Code. Reference: Sections 26067, 26070,
26160 and 26161, Business and Professions Code.

IRS kicks off 2019 tax-filing season as tax agency reopens;

IRS kicks off 2019 tax-filing season as tax agency reopens; Use IRS.gov to avoid phone delays

The Internal Revenue Service successfully opened the 2019 tax-filing season today as the agency started accepting and processing federal tax returns for tax year 2018. Despite the major tax law changes made by the Tax Cuts and Jobs Act, the IRS was able to open this year’s tax-filing season one day earlier than the 2018 tax-filing season.

More than 150 million individual tax returns for the 2018 tax year are expected to be filed, with the vast majority of those coming before the April tax deadline. Through mid-day Monday, the IRS had already received several million tax returns during the busy opening hours.

“I am extremely proud of the entire IRS workforce. The dedicated IRS employees have worked tirelessly to successfully implement the biggest tax law changes in 30 years and launch tax season for the nation,” said IRS Commissioner Chuck Rettig. “Although we face various near- and longer-term challenges, our employees are committed to doing everything we can to help taxpayers and get refunds out quickly.”

Following the government shutdown, the IRS is working to promptly resume normal operations.

“The IRS will be doing everything it can to have a smooth filing season,” Rettig said. “Taxpayers can minimize errors and speed refunds by using e-file and IRS Free File along with direct deposit.”

The IRS expects the first refunds to go out in the first week of February and many refunds to be paid by mid- to late February like previous years. The IRS reminds taxpayers to check “Where’s My Refund?” for updates. Demand on IRS phones during the early weeks of tax season is traditionally heavy, so taxpayers are encouraged to use IRS.gov to find answers before they call.

April deadline; help for taxpayers through e-file, Free File

The filing deadline to submit 2018 tax returns is Monday, April 15, 2019, for most taxpayers. Because of the Patriots’ Day holiday on April 15 in Maine and Massachusetts and the Emancipation Day holiday on April 16 in the District of Columbia, taxpayers who live in Maine or Massachusetts have until April 17 to file their returns.

With major changes made by the Tax Cuts and Jobs Act, the IRS encouraged taxpayers seeking more information on tax reform to consult two online resources: Publication 5307, Tax Reform: Basics for Individuals and Families, and Publication 5318; Tax Reform What’s New for Your Business. For other tips and resources, visit IRS.gov/taxreform or check out the Get Ready page on IRS.gov.

The IRS expects about 90 percent of returns to be filed electronically. Choosing e-file and direct deposit remains the fastest and safest way to file an accurate income tax return and receive a refund.

The IRS Free File program, available at IRS.gov, gives eligible taxpayers a dozen options for filing and preparing their tax returns using brand-name products. IRS Free File is a partnership with commercial partners offering free brand-name software to about 100 million individuals and families with incomes of $66,000 or less. About 70 percent of the nation’s taxpayers are eligible for IRS Free File. People who earned more than $66,000 may use Free File Fillable Forms, the electronic version of IRS paper forms.

Most refunds sent in less than 21 days; EITC/ACTC refunds starting Feb. 27

The IRS expects to issue more than nine out of 10 refunds in less than 21 days. However, it’s possible a tax return may require additional review and take longer. “Where’s My Refund?” has the most up to date information available about refunds. The tool is updated only once a day, so taxpayers don’t need to check more often.

The IRS also notes that refunds, by law, cannot be issued before Feb. 15 for tax returns that claim the Earned Income Tax Credit or the Additional Child Tax Credit. This applies to the entire refund — even the portion not associated with the EITC and ACTC. While the IRS will process the EITC and ACTC returns when received, these refunds cannot be issued before Feb. 15. Similar to last year, the IRS expects the earliest EITC/ACTC related refunds to actually be available in taxpayer bank accounts or on debit cards starting on Feb. 27, 2019, if they chose direct deposit and there are no other issues with the tax return.

“Where’s My Refund?” ‎on IRS.gov and the IRS2Go mobile app remain the best way to check the status of a refund. “Where’s My Refund?” will be updated with projected deposit dates for most early EITC and ACTC refund filers on Feb. 17, so those filers will not see a refund date on “Where’s My Refund?” ‎or through their software packages until then. The IRS, tax preparers and tax software will not have additional information on refund dates, so these filers should not contact or call about refunds before the end of February.

This law was changed to give the IRS more time to detect and prevent fraud. Even with the EITC and ACTC refunds and the additional security safeguards, the IRS still expects to issue more than nine out of 10 refunds in less than 21 days. However, it’s possible a particular tax return may require additional review and a refund could take longer. Even so, taxpayers and tax return preparers should file when they’re ready. For those who usually file early in the year and are ready to file a complete and accurate return, there is no need to wait to file.

New Form 1040

Form 1040 has been redesigned for tax year 2018. The revised form consolidates Forms 1040, 1040A and 1040-EZ into one form that all individual taxpayers will use to file their 2018 federal income tax return.

The new form uses a “building block” approach that can be supplemented with additional schedules as needed. Taxpayers with straightforward tax situations will only need to file the Form 1040 with no additional schedules. People who use tax software will still follow the steps they’re familiar with from previous years. Since nearly 90 percent of taxpayers now use tax software, the IRS expects the change to Form 1040 and its schedules to be seamless for those who e-file.

Free tax help

Low- and moderate-income taxpayers can get help filing their tax returns for free. Tens of thousands of volunteers around the country can help people correctly complete their returns.

To get this help, taxpayers can visit one of the more than 12,000 community-based tax help sites that participate in the Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs. To find the nearest site, use the VITA/TCE Site Locator on IRS.gov or the IRS2Go mobile app.

Filing assistance

No matter who prepares a federal tax return, by signing the return, the taxpayer becomes legally responsible for the accuracy of all information included. IRS.gov offers a number of tips about selecting a preparer and information about national tax professional groups.

The IRS urges all taxpayers to make sure they have all their year-end statements in hand before filing. This includes Forms W-2 from employers and Forms 1099 from banks and other payers. Doing so will help avoid refund delays and the need to file an amended return.

Online tools

The IRS reminds taxpayers they have a variety of options to get help filing and preparing their tax returns on IRS.gov, the official IRS website. Taxpayers can find answers to their tax questions and resolve tax issues online. The Let Us Help You page helps answer most tax questions, and the IRS Services Guide links to these and other IRS services.

Taxpayers can go to IRS.gov/account to securely access information about their federal tax account. They can view the amount they owe, pay online or set up an online payment agreement; access their tax records online; review the past 18 months of payment history; and view key tax return information for the current year as filed. Visit IRS.gov/secureaccess to review the required identity authentication process.

The IRS urges taxpayers to take advantage of the many tools and other resources available on IRS.gov.

The IRS continues to work with state tax agencies and the private-sector tax industry to address tax-related identity theft and refund fraud. As part of the Security Summit effort, stronger protections for taxpayers and the nation’s tax system are in effect for the 2019 tax filing season.

The new measures attack tax-related identity theft from multiple sides. Many changes will be invisible to taxpayers but will help the IRS, states and the tax industry provide additional protections, and tighter security requirements will better protect tax software accounts and personal information.

Renew ITIN to avoid refund delays

Many Individual Taxpayer Identification Numbers (ITINs) expired on Dec. 31, 2018. This includes any ITIN not used on a tax return at least once in the past three years. Also, any ITIN with middle digits of 73, 74, 75, 76, 77, 81 and 82 (Example: 9NN-73-NNNN) is now expired. ITINs that have middle digits 70, 71, 72 or 80 expired Dec. 31, 2017, but taxpayers can still renew them. Affected taxpayers should act soon to avoid refund delays and possible loss of eligibility for some key tax benefits until the ITIN is renewed. An ITIN is used by anyone who has tax-filing or payment obligations under U.S. tax law but is not eligible for a Social Security number.

It can take up to 11 weeks to process a complete and accurate ITIN renewal application. For that reason, the IRS urges anyone with an expired ITIN needing to file a tax return this tax season to submit their ITIN renewal application soon.

Sign and validate electronically filed tax returns

All taxpayers should keep a copy of their tax return. Some taxpayers using a tax filing software product for the first time may need their adjusted gross income (AGI) amount from their prior-year tax return to verify their identity.

Taxpayers using the same tax software they used last year will not need to enter their prior year information to electronically sign their 2017 tax return. Taxpayers can learn more about how to verify their identity and electronically sign tax returns at Validating Your Electronically Filed Tax Return.

2018 Tax Filing Season Begins Jan. 29

2018 Tax Filing Season Begins Jan. 29, Tax Returns Due April 17; Help Available for Taxpayers

The Internal Revenue Service announced today that the nation’s tax season will begin Monday, Jan. 29, 2018 and reminded taxpayers claiming certain tax credits that refunds won’t be available before late February.

The IRS will begin accepting tax returns on Jan. 29, with nearly 155 million individual tax returns expected to be filed in 2018. The nation’s tax deadline will be April 17 this year – so taxpayers will have two additional days to file beyond April 15.

Many software companies and tax professionals will be accepting tax returns before Jan. 29 and then will submit the returns when IRS systems open. Although the IRS will begin accepting both electronic and paper tax returns Jan. 29, paper returns will begin processing later in mid-February as system updates continue. The IRS strongly encourages people to file their tax returns electronically for faster refunds.

The IRS set the Jan. 29 opening date to ensure the security and readiness of key tax processing systems in advance of the opening and to assess the potential impact of tax legislation on 2017 tax returns.

The IRS reminds taxpayers that, by law, the IRS cannot issue refunds claiming the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) before mid-February. While the IRS will process those returns when received, it cannot issue related refunds before mid-February. The IRS expects the earliest EITC/ACTC related refunds to be available in taxpayer bank accounts or on debit cards starting on Feb. 27, 2018, if they chose direct deposit and there are no other issues with the tax return.

The IRS also reminds taxpayers that they should keep copies of their prior-year tax returns for at least three years. Taxpayers who are using a tax software product for the first time will need their adjusted gross income from their 2016 tax return to file electronically. Taxpayers who are using the same tax software they used last year will not need to enter prior-year information to electronically sign their 2017 tax return. Using an electronic filing PIN is no longer an option. Taxpayers can visit IRS.gov/GetReady for more tips on preparing to file their 2017 tax return.

April 17 Filing Deadline

The filing deadline to submit 2017 tax returns is Tuesday, April 17, 2018, rather than the traditional April 15 date. In 2018, April 15 falls on a Sunday, and this would usually move the filing deadline to the following Monday – April 16. However, Emancipation Day – a legal holiday in the District of Columbia – will be observed on that Monday, which pushes the nation’s filing deadline to Tuesday, April 17, 2018. Under the tax law, legal holidays in the District of Columbia affect the filing deadline across the nation.

The IRS also has been working with the tax industry and state revenue departments as part of the Security Summit initiative to continue strengthening processing systems to protect taxpayers from identity theft and refund fraud. The IRS and Summit partners continued to improve these safeguards to further protect taxpayers filing in 2018.

Refunds in 2018

Choosing e-file and direct deposit for refunds remains the fastest and safest way to file an accurate income tax return and receive a refund. The IRS expects more than four out of five tax returns will be prepared electronically using tax software.

The IRS still anticipates issuing more than nine out of 10 refunds in less than 21 days, but there are some important factors to keep in mind for taxpayers.

By law, the IRS cannot issue refunds on tax returns claiming the Earned Income Tax Credit or the Additional Child Tax Credit before mid-February. This applies to the entire refund — even the portion not associated with the EITC and ACTC.

IRS expects the earliest EITC/ACTC related refunds to be available in taxpayer bank accounts or on debit cards starting on Feb. 27, 2018, if those taxpayers chose direct deposit and there are no other issues with the tax return. This additional period is due to several factors, including banking and financial systems needing time to process deposits.

After refunds leave the IRS, it takes additional time for them to be processed and for financial institutions to accept and deposit the refunds to bank accounts and products. The IRS reminds taxpayers many financial institutions do not process payments on weekends or holidays, which can affect when refunds reach taxpayers. For EITC and ACTC filers, the three-day holiday weekend involving Presidents’ Day may affect their refund timing.

The Where’s My Refund? ‎tool on IRS.gov and the IRS2Go phone app will be updated with projected deposit dates for early EITC and ACTC refund filers in late February, so those filers will not see a refund date on Where’s My Refund? ‎or through their software packages until then. The IRS, tax preparers and tax software will not have additional information on refund dates, so Where’s My Refund? remains the best way to check the status of a refund.

IRS Offers Help for Taxpayers

The IRS reminds taxpayers they have a variety of options to get help filing and preparing their tax return on IRS.gov, the official IRS website. Taxpayers can find answers to their tax questions and resolve tax issues online. The Let Us Help You page helps answer most tax questions, and the IRS Services Guide links to these and other IRS services.

In addition, 70 percent of the nation’s taxpayers are eligible for IRS Free File. Commercial partners of the IRS offer free brand-name software to about 100 million individuals and families with incomes of $66,000 or less.

The online fillable forms provide electronic versions of IRS paper forms to all taxpayers regardless of income that can be prepared and filed by people comfortable with completing their own returns.

Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) offer free tax help to people who qualify. Go to IRS.gov and enter “free tax prep” in the search box to learn more and find a nearby VITA or TCE site, or download the IRS2Go smartphone app to find a free tax prep provider. If eligible, taxpayers can also locate help from a community volunteer. Go to IRS.gov and click on the Filing tab for more information.

The IRS also reminds taxpayers that a trusted tax professional can provide helpful information and advice. Tips for choosing a return preparer and details about national tax professional groups are available on IRS.gov.

BUREAU OF CANNABIS CONTROL, § 5050. Loss of Access

§ 5050. Loss of Access
(a) If at any point a licensee loses access to the track and trace system for any reason, the
licensee shall prepare and maintain comprehensive records detailing all commercial cannabis
activities that were conducted during the loss of access.
(b) The licensee shall both document and notify the Bureau immediately:
(1) When access to the system is lost;
(2) When access to the system is restored; and
(3) The cause for the loss of access.
(c) Once access is restored, all commercial cannabis activity that occurred during the loss of
access shall be entered into the track and trace system within three business days of access being
restored.
(d) A licensee shall not transport, transfer or deliver any cannabis goods until such time as access
is restored and all information recorded in the track and trace system.

Authority: Section 26013, Business and Professions Code. Reference: Sections 26067, 26070,
26160 and 26161, Business and Professions Code.

Think about this before Filing your taxes during the shutdown

Read this before filing your taxes during a government shutdown

The IRS has just announced it will recall 46,000 furloughed workers to do their duty of processing tax returns and issuing refunds. An agency-wide furlough began on December 22, 2018.

The return of the employees, who will work without pay until the partial government shutdown ends, means you can expect to get your refund in a timely manner this year — despite some back-and-forth speculation.

Now, the IRS has new advice to guide you through the process of filing this year. It outlines what to do, what not to do and what to expect as millions of Americans get ready to file their taxes at this unprecedented time in our nation’s history.

The IRS highly recommends that you e-file
Paper returns will be accepted, but the IRS is definitely doing everything it can to steer people toward e-filing because of the unusual circumstances surrounding this year’s tax season.

“The IRS strongly encourages people to file their tax returns electronically to minimize errors and for faster refunds,” the agency notes.

Think twice before picking up the phone and trying to call
In the coming days, the IRS will allocate a certain portion of those 46,000 returning furloughed workers to the phone banks. However, there’s no live telephone customer service assistance just yet.

If you do call, make sure you have plenty of patience and keep your expectations in check.

“Due to the heavier call volume, taxpayers should be prepared for longer wait times,” the IRS notes.

The preferred alternative is to use IRS.gov to address any questions you may have this year.

Non-return mail won’t be dealt with until the shutdown is over
Have to correspond with the IRS beyond just sending in a paper tax return? You should also be prepared for a long wait. The agency says it won’t get to that mail until after the shutdown ends.

“Taxpayers who mail in correspondence to the IRS during this period should expect a lengthy delay for a response after the IRS reopens due to a growing correspondence backlog,” the IRS notes.

In-person service won’t be available
The IRS walk-in taxpayer assistance centers you may be familiar with are closed until further notice.

That means the offices won’t be open to accept large cash payments. No in-person assistance for taxpayers facing a hardship will be available. And there won’t be any help for those who need to establish their identity by visiting an IRS office following an identity theft.

All of that will have to wait until the government showdown is resolved.

In light of that, why not just do a free credit freeze and limit the ability of criminals to steal your identity? We’ve got details on how you can do it here.

The IRS is cancelling all taxpayer appointments
Assume any meetings you have scheduled with the IRS related to “examinations (audits), collection, Appeals or Taxpayer Advocate cases” are cancelled for now.

You’ll hear from IRS personnel when they return to the job to reschedule for a future date after the government reopens.

Tax-exempt status applications are on hold
Seeking tax-exempt status for your organization? The IRS says it won’t accept new applications at this time. Nor will it make determinations about existing applications until the government reopens.

The IRS won’t conduct any audits during the shutdown
The tax laws of our nation still apply during the partial government shutdown. Criminal investigation work and basic enforcement activity like examining returns for fraud and identity theft will continue unabated.

However, the IRS will cut back in some other areas.

“During this period, the IRS will not be conducting audits, but automated initial contact letters will continue to be mailed,” the IRS writes. “No collection activity will generally occur except for automated collection activity.”

Passport certification will not take place
This is a very difficult time to get a passport if you have international travel on the horizon!

“The IRS will not be certifying for the State Department any individuals for passport eligibility,” the agency notes.

The best way to check your refund status remains the same
As in years past, the IRS says the best way to determine the status of your refund is to use the “Where’s My Refund?” tool or to download the IRS2Go mobile app.

All automated apps from the IRS like these two remain up and running during the shutdown.

Special Thanks to Theo Thimou with Clark Financial for “original” content/data share

BUREAU OF CANNABIS CONTROL, § 5049. Track and Trace Reporting

§ 5049. Track and Trace Reporting
(a) A licensee shall record in the track and trace system all commercial cannabis activity,
including:
(1) Packaging of cannabis goods.
(2) Sale of cannabis goods.
(3) Transportation of cannabis goods to a licensee.
(4) Receipt of cannabis goods.
(5) Return of cannabis goods.
(6) Destruction and disposal of cannabis goods.
(7) Laboratory testing and results.
(8) Any other activity as required pursuant to this division, or by any other licensing authority.
(b) The following information shall be recorded for each activity entered in the track and trace
system:
(1) Name and type of the cannabis goods.
(2) Unique identifier of the cannabis goods.
(3) Amount of the cannabis goods, by weight or count.
(4) Date and time of the activity or transaction.
(5) Name and license number of other licensees involved in the activity or transaction.
(6) If the cannabis goods are being transported: (A) The licensee shall transport pursuant to a shipping manifest generated through the track and
trace system, that includes items (1) through (5) of this subsection, as well as:
(i) The name, license number, and premises address of the originating licensee.
(ii) The name, license number, and premises address of the licensee transporting the cannabis
goods.
(iii) The name, license number, and premises address of the destination licensee receiving the
cannabis goods into inventory or storage.
(iv) The date and time of departure from the licensed premises and approximate date and time of
departure from each subsequent licensed premises, if any.
(v) Arrival date and estimated time of arrival at each licensed premises.
(vi) Driver license number of the personnel transporting the cannabis goods, and the make,
model, and license plate number of the vehicle used for transport.
(B) Upon pick-up or receipt of cannabis goods for transport, storage, or inventory, a licensee
shall ensure that the cannabis goods received are as described in the shipping manifest, and shall
record acceptance and acknowledgment of the cannabis goods in the track and trace system.
(C) If there are any discrepancies between the type or quantity specified in the shipping manifest
and the type or quantity received by the licensee, the licensee shall record and document the
discrepancy in the track and trace system and in any relevant business record.
(7) If cannabis goods are being destroyed or disposed of, the licensee shall record in the track
and trace system the following additional information:
(A) The name of the employee performing the destruction or disposal.
(B) The reason for destruction or disposal.
(C) The name of the entity being used to collect and process cannabis waste, pursuant to section
5055 of this division.
(8) Description for any adjustments made in the track and trace system, including, but not limited
to:
(A) Spoilage or fouling of the cannabis goods.
(B) Any event resulting in exposure or compromise of the cannabis goods.
(9) Any other information as required pursuant to this division, or by any other applicable
licensing authorities.
(c) Unless otherwise specified, all transactions must be entered into the track and trace system
within 24 hours of occurrence. (d) Licensees shall only enter and record complete and accurate information into the track and
trace system, and shall correct any known errors entered into the track and trace system
immediately upon discovery.