280 E Tax and Accounting Strategies

Session Abstract

280E can be a killer. Attendees will learn how to navigate these waters.

The 280E definition and the landmark court case that was its catalyst will be introduced. We will focus on strategies that include legitimate deduction maximization that could withstand the scrutiny of an IRS audit and differentiate the various strategies for grows, manufacturing, & retail. We will also introduce Form 8300 filings, why not to use management companies, best entity structures, sample financials to demonstrate the difference between cannabis and non-cannabis taxation, and more.