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Tax Planning and Why It’s Important
By Harry Shurek of MyCannabisAccountant While April is still several months away, the end of the year is fast approaching, which means...
Nov 1, 20202 min read
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Why 280E Is Unfortunately Here to Stay
With states across the country legalizing cannabis, the industry is growing at a significant rate. As more states consider legalizing,...
Sep 1, 20202 min read
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The Benefit to Having More Than One Business Entity for Your Cannabis Business
By MCA ACCOUNTING SOLUTIONS MYCANNABISACCOUNTANT.COM While any business has the possibility of either wild success or complete failure,...
Aug 1, 20203 min read
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MONTHLY ACCOUNTING & TAX ADVICE - July 2020
Running a cannabis business comes with challenges not faced by operators of typical non-cannabis businesses. These challenges range from...
Jul 1, 20203 min read
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The Importance of Having Up-To-Date Financials for Your Hemp or Cannabis Business
By Harry Shurek Dealing with finances is not exactly one of the most fun aspects of running a business. Even so, detailed financials are...
Jun 1, 20203 min read
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MONTHLY ACCOUNTING & TAX ADVICE - May 2020
With at-home and limited travel restrictions that are in place across the country due to the COVID-19 pandemic, business owners are...
May 1, 20203 min read
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Cannabis & the Coronavirus Aid, Relief Economic Security Act (CARES ACT) For Dummies
On March 27, 2020, the Coronavirus Aid, Relief Economic Security Act (CARES) was signed into law. One section of this $2trillion stimulus...
Apr 1, 20202 min read
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MONTHLY ACCOUNTING & TAX ADVICE - March 2020
Do you operate a Cannabusiness that is plant-touching? If so, you have most likely heard about Internal Revenue Code 280E and how it can...
Mar 1, 20203 min read
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MONTHLY ACCOUNTING & TAX ADVICE - February 2020
Tax season is now in full swing and there are advertisements all over tv, the internet, Instagram, all with different products and...
Feb 1, 20203 min read
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MONTHLY ACCOUNTING & TAX ADVICE - January 2020
By MCA ACCOUNTING SOLUTIONS MYCANNABISACCOUNTANT.COM If you do not currently have a monthly accounting system in place, the following...
Jan 1, 20201 min read
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