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As the new year approaches, businesses of all sizes have the opportunity to reassess their financial strategies and implement tax planning techniques that optimize operations and minimize tax liabilities. Effective ...

Cannabis, once the pariah of industries, is rapidly gaining acceptance both medically and recreationally across the globe. As it steadily entrenches itself into mainstream commerce, taxation is a major discussion ...

Launching a cannabis business or expanding into a new market is an exciting venture, but it comes with its fair share of challenges. One of the most significant obstacles entrepreneurs ...

As a business owner, you’re always on the lookout for ways to maximize your profits and reduce your tax liabilities. If you own or manage commercial real estate, one of ...

In today’s fast-paced business environment, many entrepreneurs and business owners face the challenge of managing their accounting and financial needs. As a business grows, the complexity of financial transactions and ...

The cannabis industry has experienced unprecedented growth in recent years, with the legal market expanding as regulatory changes take place. The demand for cannabis products is soaring, but supply often ...

The meteoric rise of blockchain technology and its associated digital assets has significantly reshaped the financial landscape across the globe. But, this new and exciting area of untapped economic potential ...

The world of taxes can often seem dizzyingly complex, particularly when understanding and applying asset depreciation deductions. As a crucial element of tax planning, understanding depreciation, its eligibility criteria, calculation ...

Running a small business presents numerous challenges, and one of the most formidable is navigating the complex terrain of business taxation. The US federal government, aware of these hurdles, offers ...

This article continues our series on end of year tax planning and examining tax incentives business owners can leverage. As the financial year ends, businesses and individuals can reduce their ...

Introduction In the rapidly evolving cannabis industry, price volatility poses significant challenges for businesses. Fluctuations in the market can impact profitability, cash flow, and overall financial stability. To navigate these ...

The Inflation Reduction Act has made important changes to Section 179. These changes have made it a valuable tool for businesses planning their taxes at the end of 2023. Let’s ...

Every business owner knows that strategic planning is essential to running a successful operation. While factors like market trends, customer behavior, and new technologies often take center stage, it’s equally ...

As 2023 draws to a close, it’s time for small businesses to start planning for their tax responsibilities. By understanding your current financial situation, you can take steps to minimize ...

Cannabis businesses operating in the retail space, including CBD businesses, are no strangers to the responsibilities and challenges of collecting sales tax from customers and remitting it to local tax ...

The cannabis industry has evolved into a multi-billion-dollar sector, encompassing medical and recreational cannabis sales. A report by IBIS World estimates the industry’s current worth to be around $19 billion, with approximately ...

Navigating the world of taxes is daunting enough, but the prospect of a tax audit? That’s enough to make anyone sweat, especially if you’re staring at a potential audit without ...

Building on our previous coverage of business valuation methodologies, such as the Asset-Based valuation, and earnings based valuation, we venture into another critical avenue: the Market Value Approach. This method ...

In the dynamic world of business, financial management is a critical aspect that can make or break your success. As a business owner, juggling multiple hats can be overwhelming, especially ...

The cannabis industry, while brimming with potential, is fraught with unique challenges and complexities. Over the past decade, the legalization of cannabis for recreational or medicinal consumption in 37 states ...

Employers across all industries are struggling to find, hire, and retain talented and skilled workers. And according to the cannabis business owners we work with, they are describing the same ...