Form 8300 as it relates to the Cannabis Industry
Theresa Stacy-Ryan2024-11-26T04:44:31-08:00Form 8300 is for reporting cash transactions over $10,000. That is the simple definition. The form must be filled out [...]
Can 471(c) help your tax situation?
Theresa Stacy-Ryan2024-11-26T04:45:24-08:00So, what is IRC 471(c) and how can it help? IRC 471(c) is a newer code section of the Internal [...]
Nick Richards of Greenspoon Marder – Cannabis Quick Hits: Accounting in the Cannabis Space – Speaking Engagement
Theresa Stacy-Ryan2024-11-26T05:04:09-08:00August 8, 2022 Bruce T. Andersen was invited by Nick Richards, Partner and Co-Chair of Greenspoon Marder's Cannabis Law Group, [...]
Corporate Transparency Act – New law effective January 1, 2024
Theresa Stacy-Ryan2024-11-26T04:46:01-08:00This law is titled the Corporate Transparency Act (“CTA”) and affects all companies doing business in the United States. It [...]
280E – The current Achilles’ heel of the cannabis business
Theresa Stacy-Ryan2024-11-26T04:47:12-08:00Code Section 280E of the Internal Revenue Code is titled “Expenditures in connection with the illegal sale of drugs.” It [...]
The Impact of 280E on Your Accounting World
Theresa Stacy-Ryan2024-11-26T04:56:05-08:00Let’s remember why the issue of special tax reporting even is an issue for the legal Cannabis industry. As long [...]
Webinar: Navigating the Impact of Cannabis Rescheduling on Tax, Compliance, and Business Growth
Theresa Stacy-Ryan2024-08-19T14:06:37-07:00Join this comprehensive webinar presented by Naomi Granger, CPA, MBA, president of the National Association of Cannabis Accounting and Tax [...]
Cannabis Rescheduling at the Federal Level – What to Expect
Theresa Stacy-Ryan2024-11-26T04:52:03-08:00As posted May 21, 2024 on The Woodard Report Visit Bruce's articles channel on The Woodard Report HERE. This [...]
Rescheduling Cannabis through DEA – its impact on IRC 280E
Theresa Stacy-Ryan2024-11-26T05:02:36-08:00On May 1, 2024, the Drug Enforcement Agency of the federal US government (“DEA”) announced it was in serious consideration [...]
Why is QuickBooks the Leading Cannabis Accounting Software?
Theresa Stacy-Ryan2024-11-26T04:53:29-08:00In the cannabis industry, QuickBooks is the leading accounting software used by both accounting professionals as well as cannabis companies. [...]