The Grower’s Guide To Cannabis Cultivation Accounting & Tax скачать в хорошем качестве

The Grower’s Guide To Cannabis Cultivation Accounting & Tax

It all starts with cultivation. State-mandated seed-to-sale tracking is used on every single plant (or product made from a plant) from the time it's planted until the end product is sold to the consumer. This, along with other local rules and regulations, adds an enormous amount of complexity to an already difficult-to-operate line of business. Despite the confusion, cultivators are still required to follow the rules, accurately report everything on time, pay their taxes, and more. Whether you’re a Cannabis business owner who wants to understand how to wrap your arms around the inventory rules, or an accountant who wants to gain an understanding of how to properly serve clients in this space, in 30 minutes, The Grower’s Guide To Cannabis Cultivation Accounting & Tax shines a light on the various items that need to be considered including the following: Seed to Sale - what it is, and why accountants need to understand its importance when it comes to compliance Why Cannabis companies are prime targets for audits (and how you can help them prepare for the inevitable) How to legally reduce tax liability for cultivators through proper cost accounting and GAAP Court cases, tax codes, and what it means to be audit-ready Entity structures and how they affect tax liability Corporate governance and internal controls …and more 🌿Join our DOPE CFO FB Group:   / dopecfo   🌿Say HEY On Social: LinkedIn:   / dopecfo   Facebook:   / dopecfo   Instagram:   / dopecfo   Twitter:   / dopecfo   YouTube:    / dopecfo