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Hochul’s Cannabis Tax Proposal Will Cut Costs, Aid Legal Sellers
Reprinted With The Permission Of Bloomberg Tax New York Gov. Kathy Hochul’s proposal to replace the state’s cannabis potency tax with an…
Two Cannabis Tax Cases to Watch
Cannabis Companies Challenge 280E and the Controlled Substances Act with Cannabis Tax Cases As the nation’s cannabis industry eyes Washington D.C. in…
South Dakota Cannabis Tax & the Battle to Approve Adult-Use Sales
In South Dakota’s journey towards adult-use sales, 420 CPA explores the future of South Dakota cannabis tax and finance for companies currently…
January 31st Deadline to File Form 1099-DIV Rapidly Approaching
Form 1099-DIV is used to report dividends and distributions received by individuals, partnerships, and corporations during the tax year. Here are the…
1099-MISC: Upcoming Tax Deadlines and When to Use
Staying ahead in the financial world means keeping up with IRS tax forms and deadlines. This article focuses on Form 1099-MISC, a…
2024 UPDATE on Additional California Cannabis Tax Credit: The Cannabis Equity Tax Credit
One of the goals of California Assembly Bill 195, signed into law by Governor Gavin Newsom on June 30, 2022, was to…
2024 Tax Season Preparation: Failure to Prepare is Preparing to Fail
As the 2024 tax season approaches, cannabis businesses are urged to embrace a forward-thinking and collaborative approach to tax season preparation. Communication…
Navigating Upcoming 1099 Deadlines: Understanding the Purpose of 1099-NEC
Upcoming 1099 Filing and Reporting Deadlines For the tax year 2023, the deadlines for filing 1099-NEC forms are as follows: It’s imperative…
2024 UPDATE: New California Cannabis Business Tax Credit: The High-Road Cannabis Tax Credit
On June 30, 2022, Governor Gavin Newsom signed California Assembly Bill 195 into law, a bill specific to the cannabis industry. One…
