Financial Tips For New Cannabis Dispensary Owners

Posted on 16 May 2018

If medical or recreational cannabis is legal in your state and you are opening a dispensary to get in on the ground floor of this growing industry, then these tips will help you manage the financial aspects of your new business: Tip: Understand U. S. Tax Code 280E Since cannabis is still classified as a Schedule 1 drug under United States law, your dispensary falls under U. S. Tax Code 280E. This section of the tax code regulates how you are able to deduct expenses for your business when filing its federal income taxes. [Read More]

4 Valuable Reasons To Get Started On Your Income Taxes Early

Posted on 10 January 2018

As the new year starts, it's time for another season to begin. What season? Income tax season. And while those words don't fill most people's hearts with glee, there are several good reasons to embrace the start of tax season and get a jump on filing now.  What are those reasons? Here are the top four. Time to Work. Getting all the deductions and credits to which you're entitled can sometimes require a little extra work. [Read More]

How Professional Accounting Helps Your Small Business

Posted on 30 January 2017

While there is software that can help you take care of your finances without a specialist, there are still many ways that an accountant's work can benefit your business. Here are some of the main reasons to hire an accountant, either full-time or on a consulting basis. Their Expertise Matters There is only so much that accounting software can do to keep your business on track. Actually, accounting software is best used as a tool to help a specialist do his or her work more efficiently. [Read More]

Not Sure If Your Taxes Are Right? Let An Accounting Firm Take A Second Look

Posted on 29 December 2016

Preparing your own taxes, especially if you are a small business owner, can get quite tricky. Even if you sail through the paperwork or software with ease, you might forget something and have to file an edited and updated form. If you want to be absolutely sure your taxes are correct, you can always have an accounting firm take a second look. Here is how "second look" services are generally handled. [Read More]

About Me

hiring an accountant for our small charitable organization

I work with a small organization to house women and children that have been in domestic violence situations. We do everything that we can to ensure that these women find the housing, clothing and supplies that they need to care for themselves and their children. Times have been tough for our organization and we struggled to come up with the money that we needed to help these women start over. We found an accountant that helped us tremendously. Visit our blog to learn more about what we do and to find out how an accountant made all of the difference.