Washington CPA: Update on 25% Marijuana Excise Tax

"If you any person in a trade or business receives a payment of $10,000 or more in any single transaction or series of transactions they are required to file a form 8300 within 15 days of receiving the cash.  Please note that a “person” includes an individual, a company, a corporation, a partnership, an association, a trust, or an estate.  You should also be aware that “cash”  includes cashier’s checks, money orders, bank drafts and traveler’s checks.

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…

CannaCon Showcases The Business Of Buds

The Marijuana Business Association will be in Vancouver on Thursday, Sept. 18 for a special free Meetup event at the Vancouver Community Library.The meeting will be at the 901 C Street location from 6-8 p.m. and is sponsored by Viridian Sciences, a Vancouver marijuana industry software company.

WASHINGTON: Under the massive, round roof of the Tacoma Dome, a button-down crowd from across the state gathered last weekend for CannaCon, billed by its organizer as the largest cannabis business conference in the nation. While tourists and marijuana enthusiasts descended on Seattle’s more lighthearted Hempfest, this much smaller group was on a serious mission — Read the full article…