Welcome to Voted Number #1 Cannabis CPA Firm in the USA!
Cannabis CPA, CFO, Bookkeeping & Accounting Firm - TheCannaCPAsCannabis CPA, CFO, Bookkeeping & Accounting Firm - TheCannaCPAsCannabis CPA, CFO, Bookkeeping & Accounting Firm - TheCannaCPAs
info@thecannacpas.com

Max Juhasz

12 Apr 26

Cannabis Sales Tax Nexus: Selling Across State Lines?

Cannabis Sales Tax Nexus: Selling Across State Lines? Cannabis sales tax nexus is a critical compliance threshold for cannabis businesses operating in an increasingly complex regulatory environment. Nexus defines the connection between a cannabis operator and a taxing jurisdiction that triggers the obligation to collect and remit sales tax. This…
Read More
08 Apr 26

Breakage Accounting: The Dispensary Guide (2026)

Breakage Accounting: The Dispensary Guide (2026) Accounting for gift cards, loyalty programs, and coupons presents a multifaceted challenge for cannabis dispensaries. These promotional tools, while essential for customer engagement and retention, introduce complex financial reporting issues that can jeopardize compliance with state and federal tax regulations if not properly managed.…
Read More
06 Apr 26

C-Corp vs. S-Corp vs. LLC for Cannabis: A 2026 Decision Framework

C-Corp vs. S-Corp vs. LLC for Cannabis: A 2026 Decision Framework Choosing the right business structure for cannabis operations in 2026 is crucial. It affects taxes, relationships with investors, how flexible the business can be in its operations, and its potential for growth in the future. The cannabis industry is…
Read More
03 Apr 26

Cannabis Holding Companies: When Does It Make Sense to Add a Parent Entity?

Cannabis Holding Companies: When Does It Make Sense to Add a Parent Entity? The cannabis industry has grown rapidly, creating a need for complex business structures that can handle its specific operational and regulatory challenges. Cannabis holding companies have become crucial in this changing landscape, offering strategic benefits that go…
Read More
27 Mar 26

Quarterly Estimated Tax Payments for Cannabis Businesses: A How-To Guide

Quarterly estimated tax payments are an essential part of tax compliance for many businesses, including those in the cannabis industry. These payments are advance installments of taxes based on expected income for the year. For cannabis businesses, following this payment schedule is crucial for staying operational and meeting regulations. Cannabis…
Read More
24 Mar 26

How Cannabis Social Equity Licensees Can Access Financial Assistance Programs

The cannabis industry offers unique opportunities but also significant financial challenges for cannabis social equity licensees. Individuals and communities affected by years of cannabis criminalization often face major obstacles when trying to enter this heavily regulated market. High startup costs, extensive regulatory fees, and limited access to traditional financing options…
Read More
21 Mar 26

How 471-11 Cost Allocation Can Reduce Your Cannabis Tax Burden

Cannabis businesses operate within one of the most challenging tax environments in the United States. The primary obstacle arises from IRC Section 280E, which prohibits most business expense deductions for companies trafficking controlled substances, including cannabis. This restriction results in significantly higher effective tax rates, squeezing profitability and complicating financial…
Read More
15 Mar 26

Cannabis Tax Extensions: When and How to File Form 7004

Timely tax filing remains a critical compliance pillar for cannabis businesses operating within an increasingly complex regulatory framework. The cannabis industry faces unique challenges that complicate routine tax obligations, including: Stringent federal restrictions despite state-level legalization Limited access to traditional banking and financial services Heightened scrutiny from tax authorities under…
Read More

We understand the importance of approaching each work integrally and believe in the power of simple.

Melbourne, Australia
(Sat - Thursday)
(10am - 05 pm)
Contact us