It’s estimated that 90% of Cannabis Businesses are doing their accounting wrong and missing out on lots of cash from overpaying taxes. Worse yet, many are at risk of being fined or penalized by the IRS or shut down by the State for noncompliance.
Create your competitive advantage by excelling in the aspects of the industry where most are flailing. Cannabis Finance & Accounting experts comprise our consortium of 50+ professionals (CFOs, CPAs, Attorneys, MBAs, EAs & Bookkeepers) who provide tailored services to maximize the profitability and shareholder value of your Canna-business. Briefly stated, we FOCUS on DELIVERABLES to achieve:
Many cannabis company founders pour their blood, sweat, and tears into their craft; however, this expertise must be complemented with world-class finance & accounting functions. Not only is this necessary for survival, but it’s a requirement if you are looking to entice investors, secure lenders, and to maximize the value of your canna-business if you choose to sell it.
IRS Officially Targets Cannabis (and offers § 280E exemption?) On March 30th, 2020, the Inspector General (IG) for Tax Administration released