Remove cost accounting Remove income tax Remove public accounting
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Cannabusiness Tax Liabilities and How to Navigate Filing

CPA Practice

147 ensured that these critical costs incurred by cannabusinesses be classified as deductibles for income tax purposes. That’s why if cost accounting wasn’t a major priority for these owners prior to IRC Sec. 471, it’s critical that it is now.

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Learn When Your Should Outsource Your Accounting

xendoo

The specialized skills of an outsourced accountant typically include experience in tax planning and preparation. Outsource accounting services can reduce costs, all while ensuring greater accuracy for your financial records. These benefits are seen in several ways: Reduce Staffing Costs. Optimize Costs.

Account 98