Grow Stronger

Cannabis

Tax Controversy

Manage and Mitigate Cannabis Tax Risks

In today’s complex cannabis tax environment, businesses and individuals must take every precaution to avoid tax disputes. The unfortunate fact is that the Internal Revenue Service (IRS) has made sport of auditing and assessing penalties on cannabis companies.

Minimize the Risk of IRS Audits

Everyone from local mom-and-pop cultivators to public multi-state operators have faced serious inquiries from the IRS. Our team of experienced tax professionals has deep experience mitigating future risk and resolving known controversies.

Help for Managing an Audit

No matter what stage of an IRS inquiry you’re in, our diligent approach will identify and evaluate current issues, analyze and support documentation for IRC 280E and other tax positions, and manage the process efficiently and effectively.

Support preparing and documenting a valid tax audit at every level.

An ounce of prevention is worth a pound of cure. Before problems arise, let us review and optimize your tax position and documentation to avoid future troubles.

In the event of an audit, we serve as an experienced third-party to communicate with the auditors, identifying what they need, and working through a fair resolution.

Tax authorities are much more lenient when presented with ‘good faith’ documentation. Let us work with tax authorities to get you the best possible conclusion.
Should an audit make its way to tax court, we can provide experienced and qualified witnesses to explain and defend your tax position.

Industry-Leading Standards and Capabilities

Latest Cannabis Business Insights

Cannabis Topic Hubs

Stay-In-The-Know

Sign up to receive updates on our latest publications

How can we help your cannabis business grow?