Cannabis Tax Problems Solved
The legal cannabis industry bears a heavy tax burden, and the chances of receiving an audit are 4 times more likely than an ordinary business. This is largely because most accountants don’t really understand 280E. That’s why you need a cannabis trained CPA. When your business is optimized for taxes, you save big, and gain a competitive advantage. Our tax services include:
Business tax returns that maximize deductions and credits under 280E
Personal tax returns that protect every penny possible
GAAP cost accounting to make sure cost of sold is done right by IRC section 471
Catch-up tax returns that protect you from audit risk
Tax relief that resolve your tax debts and relieves stress
Tax planning to help your business towards tax efficeincy
IRS compliance support to provide complete peace of mind
Easy online tools to simplify taxes and streamline communication
If you like the idea optimizing your tax outcome and lowering audit risk, then book a call and see how we can help you get there.