Cannabis Industry Services
As a practice area of the long-standing CPA firm, Andersen CPA, we know your business.
Cannabis CPA Tax provides service to our clients in several states and our expertise is sought nationwide.
Cannabis CPA: AUDIT
In the Cannabis Industry, it is not a question of IF a company will be audited but WHEN. […]
Cannabis CPA: TAX
In the Cannabis industry taxes are very important at local, state, and federal levels. Currently, […]
Cannabis CPA: ACCOUNTING
All businesses need a solid accounting system. Cannabis companies need it even more in an […]
Cannabis CPA: SYSTEMS
The cannabis industry is highly regulated and highly automated. It is important to match the […]
Tax-Related Articles
Individual Income Tax Year End Tax Letter – 2022
Here are some year-end tax strategies to help minimize taxable income on your Individual return for 2022. Filing Status Your tax return filing status can [...]
CDTFA California State Changes to Processing Cannabis Excise and Sales Taxes
Posted November 13, 2022 This has been a very big year for changes in the Cannabis industry regarding excise and sales taxes. Cultivation Excise Taxes [...]
CDTFA Cannabis Special Notice – California Cultivation Tax Ends on July 1, 2022
What wonderful news! There is no cultivation tax effective July 1, 2022. This is all with the stroke of a pen from Governor Newsom. Gee [...]
Retail shops will pay less for excise tax effective July 1, 2022
CORRECTION posted July 5, 2022 Effective July 1, 2022, the CDTFA is making a change to the cannabis excise tax. Old rate The old rate [...]
California Cannabis Tax Rates Changed January 1, 2022
What happened to the reporting form? Effective January 1, 2022, the tax rates on cultivation cannabis excise tax increased about four percent for the various [...]
Cash Flow to Pay State Cannabis Taxes
This slide from Bruce Andersen's presentation on the State and Local Tax Panel at 2019 CalCPA Cannabis Symposium is so important in Cannabis business accounting [...]