MCA Accounting Solutions

Accountants that have been working in the cannabis space for several years and with many clients have more experience helping business owners overcome the challenges and obstacles that come with operating a cannabis business. Read more https://lttr.ai/sRSr #MonthlyFinancialPreparation #ImportantFinancialDecisions #CannabisBusiness #YearEndTaxes #280E #Hemp #MyCannabisAcct #280e #Cannabis #hemp #HempAccounting #CannabisAccounting

Were you one of the millions of businesses that filed for an extension two weeks ago or back in March that still has not gotten around to starting work on your 2019 taxes? Read more https://lttr.ai/m2Is #MyCannabisAcct #CannabisBusinesses #TaxTime #280E #Cannabis #Hemp #HempAccounting #CannabisAccounting

Why start tax planning now, before the end of the year? Read the full article: Tax Planning and Why It’s Important https://lttr.ai/r89G... #CannabisBusinesses #TaxTime #IncrediblyStressful #FilingTaxes #280E #Hemp #MyCannabisAcct #280e #Cannabis #hemp #HempAccounting #CannabisAccounting

A surprising number of desserts (like shortbread and JaffaCakes) become popular because they're a way to skirt around tax laws. There's also the opposite phenomenon, where too much sugar can recategorize bread into a more expensive cake tax bracket. https://lttr.ai/r10t

Cannabis Taxes Are Complicated... Why you shouldn't do them yourself!- https://mailchi.mp/231ae7cae/cannabis-taxes-are-complicated

Experts can work with you strategically to provide services that cannabis-focused businesses require. Read more https://lttr.ai/rxcP #LongerSimply #Lucrative #StrategicPartnerships #280E #Hemp #RecreationalMarijuanaContinues #MyCannabisAcct #280e #Cannabis #hemp #HempAccounting #CannabisAccounting

The reality is that cannabis businesses are scrutinized more closely than other businesses due to the federal government's classification of illegal drugs. Read more https://lttr.ai/rsJB #MyCannabisAcct #Cannabis #HempAccounting #CannabisAccounting #280E #Hemp #ProvideExpertAdvice #NationScientificStudies #MonthlyFinancialPreparation #RealEstateServes #280e #hemp

My Cannabis Accountant can help you to keep accurate books, ensuring that you stay compliant with all state and federal regulations while you focus on running your business. Read more https://lttr.ai/rokV #CannabisBusinessOwner #ItSEasy #StartCleaning #280E #Hemp #IrsCode280E #MyCannabisAcct #280e #Cannabis #hemp #HempAccounting #CannabisAccounting

With more and more people getting tired of the daily grind, it's not uncommon for people to resign from their jobs. Disengaged employees are looking for something new, but oftentimes they can't find what they're looking for because companies are unable to offer what's needed in order to feel satisfied. Listen to the full interview with Employee Experience expert Joseph Michelli (@TheMichelliExperience) as he explains the Great Resignation and offers tips on what you should take in consideration if you are interested in resigning from your job. https://lttr.ai/rhAQ

Did your last 3 years of taxes give you the best possible outcome? - https://mailchi.mp//did-your-last-3-years-of-taxes-gave-yo

For example, if the employee uses petty cash to mail a package, you’ll want to make sure postage is listed as the account. Read more https://lttr.ai/rXhZ #StorePettyCash #CashLog #280E #Hemp #RecreationalMarijuanaContinues #GainLegalStatus #MyCannabisAcct #280e #Cannabis #hemp #HempAccounting #CannabisAccounting

Do you have a good network of cannabis industry professionals? Read more https://lttr.ai/rOuE #MonthlyFinancialPreparation #ImportantFinancialDecisions #CannabisBusiness #YearEndTaxes #280E #Hemp #MyCannabisAcct #280e #Cannabis #hemp #HempAccounting #CannabisAccounting

14 Innovative business ideas 2022 for UK, USA, INDIA, includes one crazy complex startup idea, not for excuse leaders...

Do you have more than one entity for your cannabis business? You should! Multiple business entities can help offset expenses and account for tax deductions that cannot be taken by cannabis-related businesses. Real estate serves as a prime example of a secondary business entity, offering many benefits you wouldn’t be able to take advantage of otherwise. For more information, please visit our blog:

Your Financials Directly Affect Your License Compliance You have a lot on your plate running a cannabis business. Maintaining your financial records probably falls near the bottom of your priority list but it needs to be near the top. The post Your Financials Directly Affect Your License Compliance appeared first on MCA Accounting Solutions | My Cannabis Accountant.

Every aspect of the industry needs tech, from seed to sale. Makes sense to invest in that sector of the industry.

Running a dispensary is a lot like trick-or- treating Ok, I know it is a little far-fetched but hear me out for a second You never want to run out of candy for your trick or treaters but you want just enough to not have a pile of leftover candySimilar to running a dispensary, you don’t want to run out of inventory for your customers, or end up with a bunch of extra inventory that may be unsellable at full retail price due to age

Meet the MCA team! On the left, Deborah Johnson, our Biz Dev pro. Everyone knows Harry Shurek, founder and Accounting genius. Last, but not least, John Reints is our CMO.... Taken at MJBizCon 2019. SO excited at the possibility of going this year!

Don't forget to mark your calendars for April 8th! We are hosting a virtual table to answer your cannabis accounting questions.

One comment we hear very often from cannabis business owners after their first year of business is We did not make much money in our first year of business (or we had a loss), so the taxes are not too complicated. We can either file them ourselves this year or use our regular accountant for one more year and then switch to a cannabis accountant later.

Have you started to clean up your accounting to get ready for the 2021 tax season? Here's why it matters:

While April is still several months away, tax day is fast approaching, which means it’s time to start thinking about tax planning.

Just like Spring cleaning in your home, you've got to organize your finances at year end to get ready for the next.

Subcontractors Don’t pay a dime until you have a W-9! Read the full article: Tips for Avoiding an Audit https://lttr.ai/bd6W... #MyCannabisAcct #InternalRevenueService #CannabisAccounting #280E #Hemp #Cannabis #IRS #Audit #HempAccounting