Cannabis Knowledge & Insights

Accounting for 280E on Cannabis Business Tax Returns

As a cannabis business operator, you’re well aware of 280E and the restrictions it puts on cannabis businesses when filing their cannabis business taxes.

But, how does 280E actually show up on a tax return, and how does this affect your cannabis accounting?

In this episode, we will walk you through:

  • 280E on Federal Returns
  • Accounting for Non-Deductibles on the Balance Sheet
  • 280E on State Returns

If you need help with cannabis industry accounting or with filing your cannabis business taxes, then please reach out to us at: https://greengrowthcpas.com/get-started/ or call 800-674-9050.

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