When starting up a cannabis business, you must consider the cost involved. These steps will help business start-ups navigate and calculate initial costs.
Nicholas A. Agrippino, CPA, CCIFP, MBA is a Tax Manager at Bowers & Company CPAs PLLC. Reach him at 315-234-8129 or firstname.lastname@example.org. Bowers & Company aims to offer helpful information to our clients and friends. Learn more about how we can help should your business need accounting services.
Due to the nature of the cannabis industry and its non-legal status on the federal level, marginal tax rates are higher. It is imperative to understand IRC Section 280E and its impact on cannabis-related business.
Every successful business begins with a good business plan. The same holds true for a Cannabusiness Plan. Here are pointers to help develop your New York State cannabis business plan.
Understanding the cannabis industry’s operations and laws can give you an edge. Here are some tips to help you launch your cannabis business and thrive in New York State.
The Marijuana Regulation and Taxation Act (MRTA) signed in March 2021 made New York State (NYS) the 16th state to legalize the adult-use of cannabis.… Read More »What You Need to Know Before Starting a Cannabis Business
Join Nicholas A. Agrippino, CPA, CCIFP, MBA from Bowers & Company and Jason D. Minard, Esq. from Hempire State Growers for a webinar put on by the National Association of Cannabis Accounting & Tax Professionals.
Highlights of the Marijuana Regulation and Taxation Act On Wednesday, March 31, 2021, Governor Andrew Cuomo signed the Marijuana Regulation and Taxation Act. This act… Read More »NYS Officially Legalizes Adult-Use Cannabis: Highlights of the Marijuana Regulation & Taxation Act
Bowers & Company CPAs is Ready to Service the Cannabis Industry This past January, Governor Andrew Cuomo recently released his Executive Budget Proposal for 2021-2022.… Read More »NYS Legalization of Cannabis for Adult-Use