Our Response to COVID-19

Our firm has held off on posting an official statement in response to COVID-19.  Until late last week we were operating business as usual during tax time, with little time to spare for much else during the crunch that March and the first half of April always are.  We know too that everyone was probably…

Professional Cannabis Industry Bookkeeper

Benefits of Working with a Professional Bookkeeper

Benefits of Working with a Professional Bookkeeper for your Cannabis Business   Cannabis businesses should work with a professional bookkeeper and CPA who understand their industry niche thoroughly.  Complex tax laws, state legislation, and increased scrutiny require successful companies place a high priority on applying accounting best practices.  A professional bookkeeper specializing in the cannabis…

Understanding Accounting for Leases

Understanding Accounting for Leases   Accounting for Leases for Business Owners Lease accounting can be tricky.  New accounting standards require a lease to be recognized on the balance sheet as an asset and a liability.  This can can present many challenges for businesses in determining the right steps in accounting for leases.   At face…