Tax Treatment of Cannabis Retailers & Manufacturers 1.5 Credits
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Dec 13, 2024 | 03:30 PM
ET
Unlock the secrets of cannabis business taxation in our enlightening webinar! As the number of states legalizing cannabis sales continues to grow, businesses operating within this industry face a unique set of challenges, particularly concerning the deductibility of their business expenses. This CPE webinar aims to provide clarity and expertise in navigating these complex tax waters.
Our comprehensive course begins by introducing you to the underlying federal income tax treatment for both cannabis retailers and manufacturers. We'll break down the nuances of taxation, helping you understand the rules and regulations specific to this burgeoning industry. Moreover, we highlight the potential deductible expenses by legally operated cannabis operations within state income tax laws.
In addition to understanding the tax treatment, we explore the essential reporting rules that businesses in the cannabis sector must adhere to when deducting their expenses. This knowledge is invaluable for staying compliant and maximizing your financial efficiency.
By the end of this CE Tax Webinar, you'll have a solid grasp of the federal and state tax considerations for cannabis businesses, along with the necessary reporting know-how. Don't miss this opportunity to become well-versed in the intricate world of cannabis business taxation.
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MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.
Dr. Curatola is the Joseph F. Ford Professor of Accounting at Drexel University in Philadelphia. He is the Tax Column Editor for Strategic Finance since 1992. He has served as the editor of the Journal of Legal Tax Research and currently serves on the editorial review board of several journals, and has held a variety of leadership positions, including current national service with the Institute of Management Accountants. He has published over 250 articles in journals including Journal of Financial Services Professionals, Journal of the American Taxation Association, Journal of Forensic & Investigative Accounting, Oil, Gas, & Energy Quarterly, and Tax Notes to name a few. Dr. Curatola was a co-editor on IRA Answer Book by Wolters Kluwer and author of the EA Review course for Surgent Publishers. Dr. Curatola externally funded research findings have appeared in media such as Forbes Magazine, The Washington Post, The Wall Street Journal, The New York Times, and other media outlets.
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Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.
To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.
After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.
We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.
LL
This is a new area of info for me. Information was very informative. I expect sooner or later we will be dealing with clients who will need our expertise in this area.
DA
Tony went over several examples and this adds to any knowledge to be taken from this class. Tony is another great instructor.
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