Trends in tax crimes
I missed a continuing professional education program on IRS criminal tax procedures yesterday due to ongoing problems restoring utilities after the storm […]
Category: Cannabis
September progress
This month of September 2019 was one of the most productive I’ve had in decades of small business. I helped launch (or […]
Accounting considerations for handling cash
Some of my primary client groups depend heavily on cash transactions. The seafood and farming industries in rural southwest New Jersey, for […]
MRB
Language matters and I tend to be deliberate in my choice of words. MRB, in my world, means “marijuana related business” and […]
Update on nondisclosure of charities’ donor rule
Revenue Procedure 2018-38 remains controversial. Lawmakers (mostly Democrats) are concerned that it could encourage the flow of dark money into the tax-exempt […]
Banking is difficult – not impossible – for marijuana related businesses
I often hear comments that you can’t get a bank account or credit card processing for a marijuana related business (MRB). That […]
Avoid being a fraud victim when venturing into the cannabis industry
It seems like every week lately we read about another cannabis industry fraud. Investors are losing millions. Regulators are levying fines. The […]
Two tips for new nonprofit organizations
There are more than a million nonprofit businesses in the U.S. with more every day. State requirements that new cannabis companies be […]