Seed to Success Masterclass: Cannabis Tax, Accounting, and Bookkeeping

Описание: Tax Season is upon us! Is your Cannabis/Hemp/CBD business prepared for an audit by the IRS? Do you know some of the triggers within your tax, accounting, bookkeeping that will raise a red flag?
Checkout our Masterclass this Thursday! We are breaking down Cannabis Tax, Accounting, and bookkeeping compliance and strategies to prepare you for a Tax Audit by the IRS!

Time code
00:00 | Countdown to start a show
4:18 | Welcome to seed to success masterclass
6:03 | New Addition to the Fam
9:24 | Big shout out to..
13:28 | What is cannabis in the eye of the federal government
15:22 | HAF
15:44 | How does the government make money?
17:30 | Hemp business VS Marijuana business
17:54 | Talking about solutions
20:31 | The breakdown of 471 section by section)
23:03 | For Cultivators, Processors, and Manufacturers of edibles
23:38 | Elaborating 471.11 direct costs
24:55 | Costs that can be included into your valuation
26:23 | Explaining unallowed costs
26:52 | Step by step cost accounting
27:03 | Step 1- cost accounting
28:02 | Step 2- cost accounting
28:31 | Step 3- cost accounting
29:12 | Step 4- cost accounting
37:43 | Month-end steps
40:52 | Breaking down tax structure
41:32 | Individual Income Tax Formula
1:05:06 | Recap of everything that is discussed
1:11:15 | Free strategy session!
1:11:58 | Thank you for taking the time to listen; we value your time!

If you are in need of a goodnight's rest and better financial business structure and guidance DON'T HESITATE to book a FREE 15-minute strategy session with us to get you and your business on track:

https://calendly.com/harvestaf/strate...

Music by: @marcus.makes.music on IG
Purchase/Lease this track or one of Marcus' other masterpieces at
www.airbit.com/marcusmakesmusic

#HarvestAF #Cannabruhz #Seed2Success #tax #bookkeeping #accounting #cannabis #audit #compliance #business #supportthemovement #hemp #CBD Cannabis Tax, Accounting, and bookkeeping compliance and strategies to prepare you for a Tax Audit by the IRS!