December 9, 2019 How did CHAMP v. Commissioner Change Things for Cannabis Businesses? Cannabis Tax Court Cases #1: CHAMP As a cannabis business, you will be audited. This is a fact. The IRS … Read More
December 2, 2019 Here’s How Having Check Signing Authority Got One Accountant Into Tax Trouble Every year the tax court looks at different cases and makes rulings that greatly affect taxpayers. We’re going to look … Read More
November 19, 2019 Celebrity Tax Trouble November: Real Housewives Star Hit with Tax Liens “Real Housewives of Beverly Hills” star Dorit Kemsley and her husband Paul have had tax liens filed against them due … Read More
November 14, 2019 Tax Information for a New Marijuana Business It’s never been a better time to consider starting a marijuana business. In the United States, the most commonly used, federally … Read More
November 8, 2019 What Tax Court Cases Have Taught Us: Felton v. Commissioner What Tax Court Taught Us: A Gift is not always a Gift Every year the tax court looks at different … Read More
October 3, 2019 How Tax Brackets Affect Your Income: Understanding Your Tax Rate One question we often get asked is how tax brackets work. A lot of people aren’t sure how income is … Read More
August 13, 2019 What Does A Cannabis Bookkeeper Do? The cannabis industry has exploded in recent years. It’s quickly become the wild west with companies looking to get in … Read More
August 13, 2019 What Is Cannabis Tax? Cannabis tax brings in hundreds of millions of dollars in state revenue each year, but at what cost to the … Read More
August 12, 2019 How Long Should You Keep Financial Records? A question we often get from clients is how long should you keep your tax returns and other financial records. Like many other … Read More
August 8, 2019 What Does Owning a Second Home Mean For Your Taxes? Are you buying a second home or a vacation home? If so, you need to know how buying a second … Read More
