Topic Thread

Marijuana Dispensary accounting & taxation

  • 1.  Marijuana Dispensary accounting & taxation

    Posted 02-07-2019 10:44
    Hello Friends

    i recently acquired a Marijuana dispensary . We know only COGS qualify for a deduction. However, the judgement about which is truly a COGS  expense is where i would like to have a discussion on .

    Does anyone have insight into this area. ?

    If yes, please contact me  through here, or privately. i am in need of a few minutes of guidance.

    regards to all



    Abby

    ------------------------------
    Abby Alhante
    KURCIAS & ALHANTE, CPAs LLC
    Melville NY
    ------------------------------


  • 2.  RE: Marijuana Dispensary accounting & taxation

    Posted 02-08-2019 07:17
    CPAAcademy.org might have a webinar on dispensaries...





  • 3.  RE: Marijuana Dispensary accounting & taxation

    Posted 02-08-2019 08:03
    Deb

    what an interesting place. I have never been to "CPAAcademy.org ".   Their articles did provide back round. but i am looking for more specific.
    However, i must mention that this location you guided me to presents many webinars offered FREE....

    who are these people.

    CPAAcademy.org  has now been added to my reference library.


    Still i am looking to find someone who has a client such as this.


    Thanks for the response.;


    Abby


    ------------------------------
    Abby Alhante
    KURCIAS & ALHANTE, CPAs LLC
    Melville NY
    ------------------------------



  • 4.  RE: Marijuana Dispensary accounting & taxation

    Posted 02-08-2019 09:11

    I have gotten a lot of my EA continuing education requirements there. The seminars given by IRS employees are not allowed to be recorded and archived, and limit the number of participants, so you have to sign up for them quickly.  I have gotten my ethics requirement done for 2019 already. Many of the seminars are given by companies promoting their own products, and they give you a discount on trying them. I like Canopy, because their free e-services access saves everything you have accessed in the past.





  • 5.  RE: Marijuana Dispensary accounting & taxation

    Posted 02-08-2019 11:40

    I will send you some recent cases.

     

    Very truly yours,

     

    ROBERT S. BARNETT

     

    <a href=image001.png@01CFB32B.C750F150">

     

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    516-931-8100

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    1385 Broadway, 12th Floor

    New York, New York 10018

    212-661-1144

    Fax: 212-643-1330

     

    www.cbmslaw.com

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