Sidney Valencia
Client Update: Crowdfunding and Taxes
People may use crowdfunding to raise money for medical expenses, emergencies, business needs or for charity. Crowdfunding campaign...
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News & Updates
Andrew Hay
IRC 471(C) PROPOSED REGULATIONS AND THE CANNABIS INDUSTRY
On Thursday, July 29, 2020, the Treasury released Proposed Regulations 132766_18 in part to clarify the application of IRC 471(c) and its...
Andrew Hay
CANNABIS COMPANIES AND THE CORONAVIRUS EMPLOYMENT TAX CREDITS
The Families First Coronavirus Response Act and the CARES Act established two new tax credits for 2020 during the Corona Virus Pandemic,...
Andrew Hay
IRC 471(C) INVENTORY ACCOUNTING ALTERNATIVE FOR CANNABIS COMPANIES
In the February 1, 2019 edition of Tax Notes Today, there was an article titled “Small Business Inventory Accounting Exception May Not...