acceleratorsupport

Tax auditors rely on bank accounts as an independent third party to prove you actually had expenses. They are at a loss when a cannabis company does not have a bank account. As a rule of thumb, when a tax auditor is “at a loss” they deny all expenses and leave it up to you […]

Innocent until proven guilty… NOT. When it comes to paying taxes, auditors have an advantage: you have to prove you filed your taxes correctly; once you do, it’s their job to show your proof is wrong. You gave them your point of sale records, bank statements (if your company has them), and all your tax […]