The cannabis industry is expanding rapidly and growing increasingly competitive, which presents many unique opportunities and challenges. Following the legalization of medical marijuana in Missouri and recreational marijuana in Illinois, understanding the tax laws and regulations related to cannabis and hemp is more important than ever. As laws and regulations continue to evolve, our tax, cannabis accounting and business performance consulting professionals can be your partner in determining the right entity structure for your business, maximizing cash flow and cost of goods sold, minimizing your tax burden and offering proactive solutions to compliance issues.
We help position our clients where the industry is going and navigate conflicts between federal law and state regulations to impact future success. Our experts can assist cannabis and hemp manufacturers, distributors, dispensaries, technology companies, private equity firms and family offices with a variety of accounting, compliance, IT advisory and strategy offerings to optimize operations and mitigate risk.
In addition to providing traditional tax, accounting and audit services, our cannabis industry expertise includes:
- Specialty Tax Services:
- State and Local Income and Sales Tax Compliance
- Business Property Tax Strategies
- Internal Revenue Code Section 280E
- Maximize Cost of Goods Sold
- Business Entity Structuring and Planning
- Audit Services:
- Advisory Services: