The Green Leaf CPA

Leave the accounting and bookkeeping to us so you can focus on growth. Learn how we can help your growing cannabis business → https://lnkd.in/gESevyrs #cannabisindustry #cannabisbusiness #thegreenleafcpa #cannabisaccounting

?? Did you know there are things you can do in the structuring and setting up of your cannabis business that can pay huge dividends? Think making it more efficient, less frustrating and putting more money in your pocket in a tax efficient manner. And, one of those things is how you set up your new cannabis venture.? Starting a cannabis business is exciting, but don’t overlook the details. It’s important to think through?which type of business entity?makes the most sense for your company today and down the road. As you make your decision, you’ll also want to steer clear of these five common mistakes entrepreneurs make when selecting a business entity. https://lnkd.in/geXhNUv2 #cannabisindustry #cannabisbusiness #startup

Pitching potential investors is one of the biggest moments in your cannabis business’s life. Here's why it makes sense to take it seriously. Read More → https://lnkd.in/gSxqe7hm #cannabisindustry #cannabiscommunity #cannabisfunding #marijuanamovement #thegreenleafcpa #cannabisinvestors

There's a lot of talk about reclassifying cannabis from Schedule I to Schedule III, but what could it mean for cannabis business. Here's an informed viewpoint from Cannabis attorney Robert Hoban with Clark Hill. As the cannabis industry commercialized, Bob has been widely credited for creating the class of lawyers now known as “cannabis attorneys.” https://lnkd.in/gtJdBDFp

Starting a new cannabis business is exciting. But from legal entity selection to submitting a successful application, there’s a lot to think about. Learn how we’re in your corner → https://lnkd.in/gk52MHw2 #cannabisindustry #cannabisbusinesses #thegreenleafcpa #cannabiscommunity

Many cannabis businesses struggle with managing their cash flow, which can often lead to problems down the road. Here's three tips to get more cash flow. Read More → https://lnkd.in/g-6Qzg2Q #cannabisindustry #thegreenleafcpa #cannabiscommunity #cannabisaccounting #marijuanamovement

Knowing what others want is a key ingredient when it comes to achieving what?you?want in life. Whether your “want” is launching a startup operation, working with businesses in the cannabis industry, or becoming an investor yourself, understanding the most common investor concerns empowers you to make informed choices on the journey ahead. From our friends at DOPE CFO, here's the personal liability and tax considerations for cannabis investors & CEOs. Read More → https://lnkd.in/enYBhaNF #cannabisindustry #cannabisbusiness #cannabiscommunity #cannabisinvestors

Cannabis business owners need a good CPA in their corner. That’s where we come in. We help cannabis businesses grow. And have fun doing it. Learn how we can help → https://lnkd.in/ezzmGc6F #cannabisindustry #cannabisaccounting

The cannabis industry is growing quickly! Here's the essential steps and important considerations for anyone ready to start a new cannabis business. Read more → https://lnkd.in/gACbVAyz #cannabisindustry #thegreenleafcpa #cannabiscommunity #cannabisstartup

The U.S. Department of the Treasury on Sunday announced it?won’t enforce the penalties?or fines associated with the “beneficial ownership information,” or BOI,?reporting requirements?for millions of domestic businesses. Enacted via the Corporate Transparency Act in 2021 to fight illicit finance and shell company formation,?BOI reporting?requires small businesses, including most cannabis companies, to identify who directly or indirectly owns or controls the company to the Treasury’s Financial Crimes Enforcement Network, known as FinCEN. The act became effective near the end of the first Trump administration despite a veto by the president. After previous court delays, the Treasury in late February?set a March 21?deadline to comply or risk civil penalties of up to $591 a day, adjusted for inflation, or criminal fines of up to $10,000 and up to two years in prison. The reporting requirements could apply to roughly 32.6 million businesses, according to federal estimates. In addition to not enforcing BOI penalties and fines, the Treasury said it would issue a proposed regulation to apply the rule to foreign reporting companies only.