August 30, 2018
All medical marijuana growers and dispensaries have very specific accounting requirements and are need of qualified Accountants and Bookkeepers to help them stay compliant as well as stay on top of their cash flow, inventory management, and ...
Firm Management August 9, 2018
How do you explain your cannabis clients to your non-cannabis clients? Good question, but we should start with two assumptions that need to be made. One, you are working with State licensed companies. Two, your client’s starting point of view on ...
July 27, 2018
In 28 States and the District of Columbia, cannabis is legal in one way or another. The problem is when you are dealing with the Federal Government. Cannabis is an illegal Schedule I Narcotic. That being said, when it comes to cannabis, legal ...
July 11, 2018
With the increasing use of prescribed opioids, reportedly one out of every three persons took such a prescription in 2015, the likelihood that the issue will arise in either the hiring context or involving a current employee is significant.
June 4, 2018
I keep in touch with an ex-bookkeeper that I sort of mentored. She decided to take the Enrolled Agent Exam but ended up failing Part I and must take it again. When I asked her what she got wrong, she mentioned basis. Basis is a hard concept to ...
January 11, 2018
For this, my final article on cannabis taxation, get ready to get your mind blown.
January 11, 2018
Today the cannabis industry is a $6 billion industry. In ten years it is projected that cannabis will be a $1 trillion industry. In my home state of Florida, cannabis became legal last year, however the state, as it legislated the laws surrounding ...
November 22, 2017
For those of you that are in the cannabis industry or just starting out, you have no doubt either been hit with a large tax bill or you are about to be. However, it doesn’t have to be that way. There are many steps that you can take legally just by ...
March 16, 2017
With the proliferation of legalized marijuana among the states, the wide-spread use among employees that these state laws encourage, and changing positions from enforcement agencies, now is a good time for employers to review their drug testing ...
September 15, 2016
As you prepare to meet with your clients this fall, take the time to consult with them regarding the ACA and how they can ensure compliance.
July 29, 2016
The ACA has significantly changed the health insurance industry and yet, popularity of the law is still split. According to a recent Kaiser Family Foundation tracking poll, 43 percent approve of the law while 41 percent oppose it.
July 9, 2016
The House Ways & Means Committee has released a 150-page report claiming the Obama administration effectively pilfered $7 billion from taxpayers.