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Buying a Cannabis License vs. a Cannabis Business
The cannabis industry is a rapidly evolving sector that offers immense business opportunities. However, entering this industry can be challenging, especially when deciding whether to
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Articles, videos and guides to help you build a resilient, compliant, fast-growing business.
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Understanding and Managing Cannabis Sales Tax
The legal cannabis industry has become a significant part of the US economy, with its immense potential for growth and profitability. However, the complexities of
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Maximize COGS Deductions & Slash Taxes
Many cannabis-related businesses would like to take deductions for the costs related to their business activities. However, the tax code, Internal Revenue Code (“IRC”), has
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Cannabis Business Taxes: A Comprehensive Guide
Operating a legitimate cannabis business while navigating the intricate labyrinth of federal, state, and local taxes can be daunting. As the cannabis industry continues to
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How to Avoid an IRS Cannabis Tax Audit
Table of Contents The cannabis industry, although flourishing, faces unique challenges when it comes to tax compliance and financial management. With the Internal Revenue Service
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Common Tax Scams to Avoid
Tax season is a time when scammers are on the prowl, attempting to steal money, personal information, and data from unsuspecting individuals. However, it’s important
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Ways to Settle Your Tax Debt with the IRS
Discover how to manage your IRS tax debt effectively, avoid penalties, and explore payment options. Act now to settle your obligations.
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Small But Mighty HR Practices
At GreenGrowth CPAs, we have many small business clients ask what HR services they are required to provide for their team. However, according to the
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Failure to File Penalties and How to Avoid Them
As a business owner, filing taxes can be stressful. But failing to file your taxes on time can result in hefty penalties and potential legal
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Cannabis COGS Optimization: How to Increase Margins
Cannabis COGs Optimization Can Boost Your Bottom Line COGS stands for “Cost of Goods Sold.” It refers to the direct costs associated with producing and
