The close proximity of your business to the cannabis industry means you need to have a thorough understanding of federal, state, and local regulations and taxes. You also have the opportunity to take advantage of some cannabis-specific tax deductions; but only if you know what to look for! We can assist your ancillary or partner business by clarifying important tax issues that can help mitigate your tax liability.
These are just some of the questions we frequently answer from clients.
Is my business subject to 280E?
The answer depends on whether or not your business provides products or services for use in conjunction with cannabis. Read more here
What can I do to attract the interest of investors?
Present your ancillary business to investors as a professional, financially viable operation by creating a comprehensive business plan. Read more here
What are the rules regarding taxation for CBD businesses?
Although CBD is legal in some states, your business may still be subject to 280E. Read more here
How do I secure payment processing for my business?
As an ancillary business, you may have an easier time securing banking for your business but you should still be aware of FINCEN rules. Read more here
At California Cannabis CPA, we excel at saving our clients time and money by helping them to identify all of the regulations that apply to them. We’re confident we can help your business do the same.
These are just some of the questions we frequently answer from clients.
Is my business subject to 280E?
The answer depends on whether or not your business provides products or services for use in conjunction with cannabis. Read more here
What can I do to attract the interest of investors?
Present your ancillary business to investors as a professional, financially viable operation by creating a comprehensive business plan. Read more here
What are the rules regarding taxation for CBD businesses?
Although CBD is legal in some states, your business may still be subject to 280E. Read more here
How do I secure payment processing for my business?
As an ancillary business, you may have an easier time securing banking for your business but you should still be aware of FINCEN rules. Read more here
At California Cannabis CPA, we excel at saving our clients time and money by helping them to identify all of the regulations that apply to them. We’re confident we can help your business do the same.