A Resource Center to Become a Better CFO
Business
Exit Strategies
4.Have financial reports for the past three years. The balance sheet and income statement together make up the key business financials. Being able to tell
Business Planning, Forecasting, and Variance Reporting
After reading this blog, you should have a better understanding of the process for year-end Tax Planning, P&L planning, and variance reporting. This blog is
SOPs – Standard Operating Procedures
SOPs are critical to have in place as your business is forming and growing. These written procedures allow for easy transition of knowledge from employee
Tax
California and Cannabis Tax – What you Need to Know
Many of us know how the IRS functions and how tough they can be with businesses, specially the Cannabis industry. But how much do you
Tax Tips
280E is such a punishing tax burden for cannabis businesses. Corporations are paying the IRS 25% or more in income taxes than a regular business.
Cannabis Tax Calendar
This blog lists the major cannabis taxes and other information with links to the government website. (Look back often as this calendar is updated periodically
Accounting
Cannabis Accounting Process
The accounting cycle for Cannabis businesses, as for regular business, starts with the procurement or purchasing of goods and services to make your products. Continuing
canna news you can use
Published Jan 2023: Net operating losses, Intercompany transactions, consolidate tax return