CPA Services for Cannabis Dispensaries
Owning a business that is cannabis-related means you need to have a thorough understanding of federal, state, and local regulations and taxes. There is also the opportunity to take advantage of some cannabis-specific tax deductions, but only if you know what to look for. We can help your business by clarifying important tax issues that can help mitigate your tax liability.
Here are a few questions we frequently answer from clients:
Is my business subject to 280E?
This answer depends on whether or not your business provides products or services for use in cannabis-related business. Read more here...
What can I do to attract the interest of investors?
Present your ancillary business to investors as a professional and established operation by creating a comprehensive business plan.
What are the rules regarding taxation for CBD businesses?
CBD is legal in some states, however, your business may still be subject to 280E. Read more here...
How do I secure payment processing for my business?
As an ancillary business, it may be easier to secure banking for your business but you should be aware of FINCEN rules. Read more here...
It’s our goal to make sure our clients are efficiently saving time and money by helping them identify all the regulations that apply to them. We are confident that we can help your business do the same.