This presentation aims to provide actionable information for cannabis businesses to consider when evaluating and implementing their own accounting systems, controls, and tax compliance initiatives.
A Short Guide to Ethics: And Our Firm's Interpretations
The purpose of this Short Guide is to communicate
LEACIF’s interpretations and expectations of ethical
concepts and behavior as they relate to engagements with our clients.
Applying Treasury Regulation § 1.471-11 to the Cannabis Industry
Applying Treasury Regulation Section 1.471-11 using the accrual tax-basis of accounting (modified) for financial reporting for cannabis cultivators and processors.
Highlighting Court Cases Impacting Accounting and Tax Compliance
A summary of certain Tax Court and other determinations impacting the cannabis industry, including challenges to § 280E and the non-deductibility of expenses.
A discussion of some of the common tax terminology included in many partnership and LLC operating agreements, and information for partners and members to be aware of.
A discussion of some of the common tax terminology included in many partnership and LLC operating agreements, and information for partners and members to be aware of.