#cannabis cpa

[pricekongcpas]

Industry-Specific Accounting Expertise at Price Kong

Explore how Price Kong offers industry-specific accounting services to meet your unique business needs. From agriculture to real estate, our customized financial strategies help you achieve growth and stability. Learn more about our specialized solutions today.

[berleycpallc]

Berley CPA, LLC

Welcome to my420cpa.com – Your Premier Destination for Expert Cannabis Financial Services.

Are you navigating the complex financial landscape of the cannabis industry? Look no further. At my420cpa.com, we specialize in providing top-tier financial solutions tailored specifically for the cannabis sector. Explore our range of services to discover how our seasoned professionals can elevate your cannabis business.

Cannabis CFO Services: Our team of experienced cannabis CFOs at my420cpa.com is here to guide you from financial planning to budgeting; our CFO services are designed to optimize your business operations and drive sustainable growth. Trust us to be your partner in steering your cannabis enterprise towards financial success.

Cannabis Accountant Expertise: Precise and meticulous accounting is crucial in the cannabis industry. Our dedicated team of cannabis accountants at my420cpa.com is well-versed in the intricacies of cannabis bookkeeping. We offer comprehensive accounting services to ensure accuracy, compliance, and financial transparency. Let us handle your financial records so you can focus on what matters most – growing your cannabis business.

Trusted Cannabis CPA Services: As a leading Cannabis CPA firm based in California, my420cpa.com is your trusted partner in navigating the ever-changing regulatory landscape. Our team of certified public accountants specializes in providing tailored solutions for the unique challenges faced by cannabis businesses. From compliance issues to financial reporting, our cannabis CPAs have the expertise to keep your business on track.

Cannabis Tax Expertise: Taxation in the cannabis industry is intricate and requires specialized knowledge. At my420cpa.com, our cannabis tax experts are well-versed in the tax nuances specific to the cannabis sector. We provide strategic tax planning and compliance services, ensuring that your business remains in full accordance with tax regulations. Trust us to be your dedicated cannabis tax experts, guiding you through the complexities of tax management.

Explore the tailored financial solutions offered at my420cpa.com and discover the difference that expert cannabis CFOs, accountants, CPAs, and tax professionals can make for your business. We pride ourselves on being your trusted financial partner, dedicated to supporting the growth and success of your cannabis enterprise.

Visit my420cpa.com today and embark on a journey to financial excellence in the cannabis industry. Your success is our priority.

Website:

[stevenberley]

My420cpa Cannabis CPAs aim to support your company's goals while maintaining confidentiality to build an effective working relationship. We have business expertise beyond the accounts books; we fully understand your best interests and are linked with your goals and objectives to offer services fulfilling your requirements.

We specialize in providing professional financial services to businesses operating in the cannabis industry. We aim to assist cannabis entrepreneurs and operators in conducting the complex economic and regulatory landscape unique to the cannabis industry. 

My420cpa offers a wide range of services, including tax preparation, financial planning, bookkeeping, audit and assurance, compliance consulting, and business advisory service. The company assists clients in keeping them aware of the most recent laws and regulations and recognizes the value of compliance with local, state, and federal standards.

We have a team of experienced and knowledgeable professionals who are well-informed about the intricacies of the cannabis industry. They provide customized solutions tailored to meet the unique needs of each client. My420cpa is committed to providing accurate and reliable financial information to help clients make well-versed decisions and achieve their business goals. With the rapid growth in the industry, the demand for specialized financial services has increased. Our team of cannabis accountants is well-literate for providing the expertise and guidance required for succeeding in this dynamic and exciting industry.

[the-canna-cpa]

CFO Services https://thecannacpas.com/ Call Us! (833) CPA-CANA (833) 272-2262

[berleycpawa]

Welcome to BerleyCPA.com – Your Premier Partner in Cannabis Financial Excellence Embark on a journey towards financial excellence in the cannabis industry with BerleyCPA. As industry leaders, we specialize in providing unparalleled financial services tailored specifically for the unique needs of cannabis businesses. Explore our comprehensive range of services to discover how our team of experts can elevate your cannabis enterprise.

Cannabis CFO Services: At BerleyCPA, we understand the strategic importance of financial leadership in the cannabis sector. Our team of seasoned cannabis CFOs is dedicated to providing expert guidance for your business. From financial planning to budget optimization, our CFO services are designed to maximize your operational efficiency and foster sustainable growth. Trust us to be your partner in navigating the financial complexities of the cannabis industry.

Cannabis Accountant Expertise: Accurate and meticulous accounting is fundamental in the cannabis business. BerleyCPA boasts a team of dedicated cannabis accountants with extensive experience in cannabis bookkeeping. Our comprehensive accounting services ensure accuracy, compliance, and transparency in financial reporting. Let us handle your financial records, allowing you to focus on cultivating success in the cannabis industry.

Trusted Cannabis CPA Services: As a reputable CPA firm, BerleyCPA.com is your trusted ally in the cannabis industry's ever-evolving regulatory landscape. Our certified public accountants specialize in providing tailored solutions for cannabis businesses. From compliance issues to intricate financial reporting, our cannabis CPAs possess the expertise to keep your business in compliance and financial stability.

Cannabis Tax Expertise: Navigating tax complexities in the cannabis industry demands specialized knowledge. BerleyCPA.com's cannabis tax experts are well-versed in the nuances of cannabis taxation. Our strategic tax planning and compliance services ensure that your business remains fully aligned with tax regulations. Partner with us for dedicated cannabis tax expertise, guiding you through the intricate world of tax management.

Explore the tailored financial solutions offered at BerleyCPA and experience the impact of expert cannabis CFOs, accountants, CPAs, and tax professionals on your business. We pride ourselves on being your trusted financial partner, committed to supporting the growth and success of your cannabis enterprise.

Visit BerleyCPA.com today and unlock the full potential of your cannabis business with our unparalleled financial expertise. Your success is our priority.

Contact us

Berley CPA Mountlake Terrace - Redstone Corporate Center 6100 219th Street S.W., Suite 480, Mountlake Terrace, WA 98043

(425) 623-2144

Website: https://berleycpa.com/

[rahulgandhicpa16]

Rahul Gandhi CPA

Rahul Gandhi CPA is an experienced accounting and finance professional with a passion for startups and growing companies specializing in various industries including cannabis & hemp, consumer goods, cryptocurrency, ecommerce, healthcare, manufacturing, mining, oil & gas, technology and real estate industries.

Rahul has over twenty years of experience as an entrepreneur, professional service provider and adviser, which results in a unique skillset related to accounting, auditing, and operating a professional services firm.

During his career, Rahul has performed hundreds of audits for public and private companies reporting under US GAAP and International Financial Reporting Standards (IFRS). He has also successfully prepared numerous companies for audits and worked in conjunction with the auditors to ensure a seamless process and timely completion of the audits as part of going-public transactions and continuing reporting requirements. Rahul’s experience with going-public transactions includes Initial Public Offerings (IPO’s) and Reverse Take-Overs (RTO’s) in Canada and the United States.

[my420cpaus]

CPA Tax Consultant

420 Dimes presents an invaluable finance manual tailored to Cannabis CEOs. Certified Public Accountants (CPAs), Enrolled Agents (EAs), and bookkeepers can also gain valuable insights from the advanced section within the latter half of the book. Authored by The Apothecary CFO, a Colorado-native CPA now residing in Oregon, this comprehensive guide serves as both a fundamental and advanced resource for accounting and taxation, specifically designed for CEOs operating in the cannabis industry.

CPA Tax Consultant

[cannabisbusinessexecutive]

As the cannabis industry grows, more—and more complex—opportunities for CPAs arise. Before rushing into serving this unique client base, here are some challenges and risks CPAs and their firms should consider. In recent years, the U.S. cannabis industry has been on fire, showing no signs of burning out as more states push to legalize marijuana for recreational use. Currently, 21 states and…

[jackieasparks]

Some Interesting Facts on Cannabis Cultivation Tax in California

According to state laws, it’s legal for adults over 21 years of age to grow, process, sell, or consume recreational marijuana in 11 states and a total of 33 states and the District of Columbia allow medical marijuana sales and consumption.

What is the current state of Cannabis tax in California?

In addition to the sales and use tax, California cannabis businesses pay two unique taxes: The cannabis excise tax, and the cannabis cultivation tax.

Below are some interesting facts on Cannabis cultivation tax in California:

- California is the world’s largest market for recreational marijuana with legal sales totalling approximately $3.1 billion in 2019. 

- The cultivation tax is imposed on “all harvested cannabis that enters the commercial market” at the rate of

Effective January 1, 2020, $9.65 per dry-weight ounce of cannabis flowers (formerly, $9.25);

Effective January 1, 2020, $2.87 per dry-weight ounce of cannabis leaves (formerly, $2.75); and

Effective January 1, 2020, $1.35 per ounce of fresh cannabis plant (formerly, $1.29)

However, these rates are subject to change and must be researched often.

- “enters the commercial market” means, once the product passes through the quality assurance and review testing as required in the Medicinal and Adult-Use Cannabis Regulation and Safety Act, it is considered to enter the commercial market.

- A “manufacturer” holds a Type 6 or 7 license. 18 CCR 3700(a)(8). The term refers to a licensee that conducts the production, preparation, propagation, or compounding of cannabis or that packages or labels the product.

- Cultivators are required to pay the tax to either the distributor or a manufacturer. 

- You can avoid paying the tax if you donate medicinal cannabis designated for donation. RTC 34012(i). Make sure to report it correctly in the METRC track and trace system so you won’t have mismatches in your audits.

- California Governor Gavin Newsom (D) has supported simplifying marijuana tax administration by collecting retail tax at the retail level and cannabis cultivation tax in California from the first distributor but has postponed the process to 2021 due to the coronavirus outbreak. (we will keep you updated)

- California allocates some revenue to regulatory costs and research. After that is funded, additional revenue, approximately $200 million, goes to youth anti-drug programs (60%), environmental programs (20%), and public safety grants (20%).

Interested in knowing more about the cannabis cultivation tax in California? Your Hemp CFO is at your service. Simply contact us to fix an appointment!

[pricekongcpas]

How Price Kong’s Cannabis CPAs in Phoenix, AZ Can Save You Money

Cannabis businesses are subject to high taxes and strict regulations that can affect their bottom line. That’s why you need Price Kong’s cannabis CPAs in Phoenix, AZ to save you money. Price Kong is a reputable accounting firm that has been helping cannabis businesses reduce their tax burden and increase their cash flow. Price Kong can help you with tax credits and deductions, cost segregation, entity structuring, 280E compliance, and more. Price Kong can also help you with financial reporting, budgeting, and forecasting, to help you plan and manage your finances effectively.

[jirenjacobs]

Peace of Mind with Our Cannabiz Accounting Services

Marijuana is now legal in many states but still illegal at the federal level. The industry has great growth potential but with that comes high risks and complexity.

Feel confident in the certainty of your financial records. We empower cannabusiness to stay in compliance and increase profits with our cannabiz accounting expertise. We make sure you are in compliance with the prevailing tax laws, as well as updating all accounting to have you prepared for financial review.

As a CEO of a cannabis company, there are many hats that you need to wear to grow and protect your cannabiz business, but having your accounting team giving you the right guidance will be immense.

Your Hemp CFO is here to help you improve or establish processes that ensure all spending for your business is documented. Reduce manual entries, ensure completeness in your reporting and track your budgets effectively all in one place.

Our cannabiz accounting system brings:

Accountability - We understand the financial and organizational struggles cannabis businesses face with today’s laws and can provide compliant financial reporting and accounting infrastructure needed to succeed.

Spend insights - Visibility into your purchase process allows you to plan strategically; from how long it takes to approve line items to the cycle time with your vendors.

Confidence in records - Strong financial reporting will give you as the CEO an inside looks at your company. Having confidence in your financial records you will be able to make sound business decisions based on how the company is running now, and how you would like it to be in the future.

Peace of mind - We pride ourselves in offering our clients our most valuable assets- our support, our expertise, and our time. We realize that you have many concerns throughout the year and we want to ensure that we stay in regular communication with you throughout the year. 

We have developed unique accounting practices that put us in the forefront of cannabiz accounting.  We wanted to be able to help cannabis CEO's get their books up to date, give them clarity on the numbers, and peace of mind that all will be well.

If you are ready to move forward in your business, set up a time with us today!

[stevenberley]

Cannabis Tax Expert

As cannabis tax experts, we stay up-to-date on the latest tax laws and regulations. We can ensure that your business complies and takes advantage of any available tax benefits. My420CPA offers a range of tax services, including tax planning, preparation, and representation before the IRS and other tax authorities.

[the-canna-cpa]

Profitability Enhancement https://thecannacpas.com/

Call Us! (833) CPA-CANA (833) 272-2262

[taxaccountingmarijuanabusiness]

Cannabis Banking is Coming – Let Us Help you!

Cannabis banking is coming, and the industry needs trusted banks and advisors, such as ourself for sophisticated banking needs. As the industry continues to expand, the vast amount of money it is generating will most likely become too large to be excluded from the general economy thus there remains hope that the debilitating gap between state and federal law over cannabis banking will be addressed sooner rather than later. At Your Hemp CFO, we are the best at what we do, hands down, and aim to prove it every day with the quality of our work product, educational content and the results of our clients. Contact us: https://yourhempcfo.com/

[my420cpaus]

Cannabis Accounting

Our central goal is to give proficient consideration and freedom to help your business targets. We endeavor to make a confiding in relationship with our clients by understanding and lining up with their objectives and targets. Have confidence that we generally have your wellbeing as a main priority. How might I help you further?