Practical Cannabis Tax Guidance to Lower Exposure and Ease Tax Compliance
Cannabis operators navigate one of the most complicated and punishing tax regimes imaginable. To minimize tax burden, and avoid red flags that lead to audits, cannabis operations must be precise and proactive with tax planning and compliance.
Benefit from Cannabis Tax Expertise
Our team of cannabis tax experts has been serving the industry for years and knows the ins-and-outs of lowering tax burdens so you can maximize profits. We will work with you to optimize entity type and structure, allocate cost-of-goods sold to minimize the impact of 280E, and document everything so you’re protected in the event of an audit.
Best Cannabis Tax Support
Our national footprint ensures we have the expertise and insight to support tax strategies in every state and municipality so you can grow with peace-of-mind.
How GreenGrowth CPAs Makes a Difference:
- Industry leading strategies to minimize the impact of 280E
- Tax planning insight to help you avoid surprises
- Guidance for optimal entity structures
- All tax services tailored to the cannabis industry
- Engagement teams are cannabis industry experts
- Experience in every major cannabis market
Cannabis Tax Services
Experienced guidance to lower overall tax burden, navigate IRC 280E, and avoid cannabis tax audits.
Services include:
- Tax Compliance and Planning
- 280E Analysis & Optimization
- Entity Choice & Structuring
- Tax Provision: ASC 740 / FIN 48
- Stock vs. Asset Sale Modeling
- Tax Audit Support & Defense
Tax and business strategies to increase cash flow while ensuring full compliance with rules and regulations.
Services include:
- SALT M&A Due Diligence
- Consolidated Income Tax Reporting Analysis
- SALT Incentives and Exemptions
- Sales Tax Compliance Review
- Taxability Studies
- Property Tax Review
- Secretary of State Filing Compliance
- Cultivation Tax Compliance
- Excise Tax Compliance
Insight to help prepare for and minimize the impact of audit or tax court issues.Â
Services include:
- Federal, State and Local Tax Audit
- Sales and Use and Payroll Tax Audit
- Pre-Controversy Audit Readiness
- IRS Controversy Representation
- Tax Authority Settlement Negotiation
- Interest Computation and Review
- Expert Witness Testimony
Value-added tax services to protect your business, personal finances, and more.Â
Services include:
- Tax Preparation, Filing, and Returns
- Annual Income Tax Planning
- Financial Planning
- Tax-Free Exchanges
