Blog
$10,000.00 Cash Advance Application
To all our dear clients: The Small Business Administration is now taking pre-applications for the COVID 19 Economic Injury Disaster Loan Application…
Keep Calm and File Tax Returns!
To our valuable clients. We are open. Our staff is versed in a secure virtual private network (VPN) as well as receipt…
Abraham Finberg was nominated for Accountant of the Year by California Cannabis Awards
View this post on Instagram It’s all cash in cannabis, baby. Now you need great accountants to track it all…
Can You Save On Income Tax? (And Other Taxes Too!)
Written by Abraham Finberg CPA and Simon Menkes CPA As most people in the industry already know, due to Internal Revenue Code…
Tax Issues Surrounding Arm’s Length vs. Non-arm’s Length Transactions
Written By Simon Menkes CPA and Abraham Finberg CPA When we meet non-cannabis people at Hollywood parties and they find out the…
The (Cannabis) Clone Wars
Written by Abraham Finberg CPA and Simon Menkes CPA “A long time ago, in a galaxy far, far away …” It is…
Will the IRS Accept Cash Income From Growing Cannabis? You Bet!
How to navigate reporting and paying taxes on cash income without being able to get a business bank account? Does the IRS…
Harborside’s Battle with Section 280e
Written by Abraham Finberg, CPA and Simon Menkes, CPA In December of 2018, the Grinch visited more than just a few unlucky homes…
The Excise Tax: The Calculations Behind the 15% Tax on Cultivation
On January 01, 2018, when California cannabis cultivators harvest products enter the commercial market, they will need to pay their distributor $9.25…
