Checkout the Cannabis Tax Calendar Here

Canna CPA Masters

The Art Of High ROI, Mastered

Accounting and Tax Services for the Cannabis Industry

Part Time CFO
  • Developing Annual Budgets
  • Prepare periodic Profit and Loss and Cash forecasts 
  • Compile financial statements for internal and external users 
Controllership
  • Review General Ledger – Bookkeeping entries 
  • Prepare Cost Accounting & Accrual Entries 
  • Prepare Bank Reconciliations 
  • Deliver Monthly Financial Package 
  • Maintain books and records
Taxation
  • File corporate and State returns 
  • Prepare quarterly tax estimates 
  • Annual 1099’s 
  • Assist with 8300 compliance
Audit, Review, Compilation
  • Audit services for specific purpose
  • Review and Compilation services based on AICPA standards
  • Internal audit services, including SOX and internal controls assessment

Other Services

  • Develop Accounting Policies and Procedures
  • M&A assistance with valuation, due diligence review
  • Forensic accounting and fraud review
  • Analyze data trends and developing forecasts
Play Video

When you are ready to take control

Let us worry about your back office so you can worry about growing the business!

Corporate and State Returns

As the current IRS tax law 280E imposes a heavy tax burden on Cannabis businesses, there are strategies for minimizing the cost. Depending on your business structure and vertical integration you may be able to take advantage of deductions as allowed by IRC 471(c). There is a process to follow, and you must keep contemporaneous records.

Accounting
Depending on the size of your business, GAAP accounting is not only required by law, but it is also extremely important for companies with high growth and scalability goals. Our clients always have access to high quality and audit proof GAAP financials on the cloud to access at any time for investors, management, banks, audits, etc.
Play Video

Join Our Newsletter

Receive our latest blog posts directly in your inbox!