Ways We Help Protect Your Cannabis Business
Accurate records empower informed decisions, which promote success.
We provide accounting and back office expertise to emerging cannabis businesses. Our highly- skilled professionals offer the support necessary to ensure your new venture is a success and your current business grows with you. All of our staff is educated and highly skilled in the Cannabis arena.
Accounting And Consultancy
Working with us will save you time, money, and energy...and reduce your audit risk.
Our expert accounting firm understands the various businesses within the industry and their precise needs. Whether you’re a grower, dispensary, or producer of extracts and edibles, we can help you devise and implement smarter spending strategies. By working closely with your company, we become a helpful assistant during the busy closing periods, including tax season.
IRS and State Compliance Cannabis Experts
We know how to deal with the many complex regulations for the cannabis industry the inherent tax issues, including 280E, and 471 to keep your business profitable and in compliance.
An increasing number of states have made the sale of medical and recreational marijuana legal, however, tax code 280E continues to heavily impact the finances of cannabis businesses because, at present, they can only deduct taxes for the cost of goods sold; nothing else.