Should You Change Your Accounting Method? An Emerging Cannabis Loophole - Abraham Finberg, CPA
Автор: AB FinWright
Загружено: 2020-07-09
Просмотров: 200
Описание:
Sign up for our newsletter here: https://lp.constantcontactpages.com/s...
For cannabis businesses, federal income taxes can be ruinous—even in loss years. Unlike other industries, which pay income taxes only on actual income, cannabis businesses, defined in federal law as drug traffickers, are singled out for an extra tax on a portion of their expenses. As a result, even the best tax planning tends to be complex and unpredictable. Recently, however, planners have become interested in a simple loophole which could eliminate cannabis’s disparate tax treatment entirely.
Making a change in your accounting method is the most exciting technique in cannabis tax planning today, and it yields a large tax savings from a small investment in tax planning. Executing this plan is a simple two-step process, both will be handled by the business’s CPA.
This is the first video in a series of four.
Contact us for more information.
Phone: (310) 237-3070
Email: [email protected]
Website: abfinwright.com
Повторяем попытку...
Доступные форматы для скачивания:
Скачать видео
-
Информация по загрузке:
