Financial Valuations Of Businesses That Sell Marijuana And Financial Fraud Investigations Highlight AICPA’s 2017 Forensic and Valuation Services Conference

NEVADA: Discover insights on everything from how forensic accountants ferret-out financial fraud to how valuation professionals decipher the value of high-profile celebrity estates at the American Institute of Certified Public Accountants (AICPA) Forensic and Valuation Services Conference. When and Where: Nov. 13-15, 2017, at Caesars Palace, Las Vegas (Online access available) Experts pull back the curtain to provide insights on topics Read the full article…

A Maturing Marijuana Industry Prepares for the Future

Amid Record Sales, Pre-Election Seminar to Explore More Sophisticated Business Operations With more than $1.4 billion in sales in Washington since legalization in 2014, and five additional states considering new legal marijuana markets, several veterans of the recreational cannabis industry will gather next month in Seattle to discuss how they are planning to compete in Read the full article…

What Every Cannabis Business Needs To Know About IRS Form 8300

By Dean Guske, CPA I have received a number of emails and phone calls over the past couple of days regarding the article posted in MJ Biz Daily on Tuesday.  I was actually contacted last week by the author who wanted to know if I was seeing any audit activity in Washington and Oregon in Read the full article…

Washington CPA: Update on 25% Marijuana Excise Tax

By Dean G. Guske, CPA Over the last several weeks, there has been quite a bit of discussion about how to apply the 25% excise tax to your sales. I have read a few emails that have been forwarded to me for interpretation and have had some conversations with clients about what to do. I’m Read the full article…

CCSE Hosts Banking, Taxes & 280E Industry Panel On July 24th

WASHINGTON: Federal tax code 280E is the single largest hurdle for any entrepreneur attempting to create a sustainable Cannabis business. Although the sale of marijuana is legal in several states, it remains illegal under federal law, and Revenue Code 280E bans most deductions and tax credits given to businesses selling Schedule I and II controlled Read the full article…

Setting Up Your Washington Cannabis Business Accounting System

by Wendy L. Maguire, MA WSD WASHINGTON: Navigating the business byways of Washington State’s emerging legal marijuana industry is challenging; we are literally building the road as we walk it.  The emergent nature of the business leaves us all feeling a bit uncertain as to the expectations, legalities and structures necessary for compliance.   Under the, Read the full article…