accounting for marijuana business

There are a number of accounting problems faced by marijuana business owners today and this is the reason it is crucial to hire an expert and experienced accountant to handle all the financial aspects of running this kind of business. Accounting for marijuana business is an important service that you must take advantage of. One of the common problems that you can come across is not keeping proper track of your accounts. This problem arises 
Read more
Accounting for cannabis business There are a number of accounting problems faced by marijuana business owners today and this is the reason it is crucial to hire an expert and experienced accountant to handle all the financial aspects of running this kind of business.  Accounting for cannabis  business is an important service that you must take advantage of. One of the common problems that you can come across is not keeping proper track of your accounts. 
Read more
Are you a marijuana business owner and are looking to seek accounting for dispensary business service. Before you choose a firm to handle your accounting needs, you must look at client testimonials so you can be sure that you are making the right choice. In fact, the firm you consider should willingly provide you with testimonials so you can read them and know if you are choosing the right firm. You will need accounting for 
Read more
DENVER — Money was pouring into Bruce Nassau’s five Colorado Legalized marijuana shops when his accountant called with the bad news: The 2014 tax season was approaching, and Mr. Nassau could not rely on the galaxy of deductions that other businesses use to reduce their tax bills. He was going to owe the Internal Revenue Service a small fortune. “I had to write a check for $275,000,” Mr. Nassau said. “Unbelievable.” The country’s rapidly growing 
Read more
  Talking THC, cannabis contains at least 400 different chemicals, its main mind-altering ingredient is THC (delta-9-tetrahydrocannabinol). The amount of THC in marijuana determines the drug’s strength. THC levels are affected by a great many factors, including plant type, weather, soil, and time of harvest. It is widely believed that the sophisticated cannabis cultivation of today, specifically the use of hydroponics, produces higher levels of THC and therefore marijuana that is far more potent than 
Read more
Before I get to my business intel, you should know that the personal tax world was roiling late last week over some fraud detected from within TurboTax. Here is the Story: http://www.forbes.com/sites/kellyphillipserb/2015/02/06/turbotax-temporarily-halts-e-filing-in-all-states-amid-fraud-concerns/ Essentially, the makers of the software detected a level of fraud occurring in state tax return submissions that made them decide to completely shut down submission of those returns for a period of time. Eventually, they determined that the apparent source of the fraud was 
Read more
Latest Blog Post List
All Articles by Month
Sign Up For Updates