September 19, 2024 IRS Tax Audits 101 Tax Audits are one of the most terrifying things a taxpayer can endure. Most taxpayers don’t know what being audited … Read More
September 12, 2024 Common Accounting Problems That Cannabis Businesses Face 10 Common Accounting Problems That Cannabis Businesses Face The global cannabis industry now generates $64 billion in revenue annually and is expected to reach $75 … Read More
September 12, 2024 Garnishment vs. Levy If you have been struggling to pay the bills or your taxes, you may receive a notice that a garnishment … Read More
June 20, 2024 IRS and State Notices/Letters and Their Meanings Receiving a letter from the IRS can be intimidating, especially if you’re unsure what the notice is for or what to … Read More
May 30, 2024 Notice of Levy: Understanding IRS Letter 1058 or LT-11 Many individuals and businesses in the United States owe back taxes. Such taxpayers could face collection actions from the IRS, … Read More
May 30, 2024 Your Complete Guide to Understanding Cannabis Tax Running a legitimate cannabis business can be tricky since marijuana is still illegal under federal law. Currently, 24 states plus the District of Columbia have legalized … Read More
May 17, 2024 The Benefits of a Tax Resolution Attorney for Your Cannabis Business The cannabis industry is on the brink of a revolution as marijuana legalization promises to change the economic landscape forever. Cannabis business owners … Read More
May 17, 2024 Can’t Pay Taxes: 4 Options Cannabis Companies Should Know Cannabis companies are under a lot of financial pressure, not just to turn a profit but also to pay taxes. There is … Read More
May 6, 2024 Nevada Sales Tax Guide for Businesses Nevada sales and use tax laws require businesses to collect and remit sales tax when they meet specified criteria. Where the business … Read More
May 6, 2024 Understanding IRS Forms: 1099-C A 1099-C form is used for reporting debt cancellation as income to the Internal Revenue Service (IRS) and the individual … Read More
