280E and Microbusinesses- What you need to know!

This article was originally written for Marijuana Micro Business. Please visit MarijuanaMicroBusiness.com for more information. Are you considering operating a marijuana microbusiness under the Michigan Regulation and Taxation of Marihuana Act (MRTMA)? If so, having an understanding of financial and tax implications in this regulated industry is critical for success.  Tax regulations, such as IRS…

Compliant Accounting System

Setting Up & Maintaining a Compliant Accounting System

Setting Up & Maintaining a Compliant Accounting System — A compliant accounting system requires much more than tracking receipts and entering transactions into a box software or spreadsheet.  With good intentions, new businesses generally implement basic accounting processes as their activity develops and the need arises.  Too often however, these accounting processes are quickly pushed…

CPA, Accounting

Working with a CPA Start Up to Maturity

Working with a CPA from Business Start Up to Maturity   When starting a business or recruiting the members of your team, hiring a CPA or specialized accountant is often an afterthought.  Or, a reactionary process in response to tax return needs or regulatory requirements.   While these are certainly justifiable reasons, this isn’t the “value”…