Navigating Cannabis Industry Audits: Compliance Guidance for Tax Professionals
July 16, 2024
12:00 PM - 01:00 PM
Online
44 SPACES LEFT
$0 Members
$0 Non-Members
EVENT DESCRIPTION
Tax professionals serving the cannabis industry face unique challenges due to its regulatory landscape.This presentation offers tailored guidance to assist cannabis clients in navigating audits effectively while ensuring compliance with industry regulations.
EVENT OBJECTIVE
Key Takeaways:1. Understand complex tax issues like IRS 280E and Maryland-specific cannabis tax regulations and their impact on deductions and compliance.
2. Discover Maryland cannabis tax incentives and credits available to cannabis businesses to optimize tax strategies.
3. Identify key data points commonly requested in audit notification letters for efficient preparation and response.
4. Emphasize the importance of ongoing professional development and collaboration within the cannabis industry community to navigate audits successfully.
EVENT DETAILS
Company:Gaines 4 The Culture
Number of Hours:
1 (Recommended)
Prerequisite:
Program Level:
Update
Knowledge Level:
Intermediate
Delivery Method:
Group Internet Based
Number Of Days:
1
Food Included:
Seminar Number:
3394
Early Cut Off Date:
07/16/2024
Phone:
Venue:
Online Group Internet Based ,
Accommodations:
,
Recommended For:
CPA (1), EA (1), Tax Preparer (1)
Approved By:
NASBA, IRS