Cannabis CPA & Tax Expert
M.A. Rubin CPA, PLLC is Your Cannabis CPA
With over ten years of experience in the cannabis industry, M.A. Rubin CPA, PLLC stands at the forefront of cannabis tax and resolution. As one of the first CPA firms to specialize in this field, we have dedicated ourselves to mastering the intricacies of cannabis tax and Section 280E, shifting our focus from tax preparation to the resolution of tax-related issues.
Cannabis Tax and 280E Can be Confusing
That’s why you need a specialized cannabis CPA capable of resolving a spectrum of tax-related challenges, including but not limited to:
- Non-Filing and Tax Debt: We provide guidance and resolution services for businesses that have fallen behind on filing or face substantial tax debt.
- Audits: Expert representation and support during IRS audits, with a deep understanding of the unique aspects of cannabis taxation.
- Section 280E Compliance: Advice and strategies for navigating Section 280E’s restrictions, optimizing tax outcomes while remaining compliant.
Unlike most tax firms we specialize in Cannabis Tax Relief & Resolution.
You’re not hiring someone who occasionally dabbles in this area of practice. You’re hiring a cannabis CPA and Tax Relief Expert who is specially trained and up to date on all the latest tax relief strategies. We are fully prepared to achieve the best result for you.
If you were going through a divorce would you hire a bankruptcy attorney? Of course not, it’s a different specialty! Don’t trust just any accountant to help with a tax problem.
Our Cannabis Tax Relief Process
Once you become our client you won’t have to speak to the IRS anymore. If they want information or to talk to you they will have to go through us. During the investigation phase we will be gathering information, pulling transcripts, and finding out what the IRS knows about you.
Once all the details are in place we will set up another meeting to go over your resolution options. Keep in mind you may not qualify for every program, and most often we’re not able to tell you which program you will qualify for in the first meeting.
Why Cannabis Businesses Face Unique Tax Challenges
The federal status of cannabis under the Controlled Substances Act (CSA) creates unique taxation and operational challenges for businesses in the industry. Despite legalization for medical or recreational use in numerous states, cannabis businesses are subject to federal income tax on gross profit rather than net income due to Section 280E. This limitation significantly impacts the financial efficiency and tax burden of cannabis-related businesses.
As a Cannabis CPA We Recommend a Strategic, Informed, Compliant Approach
At M.A. Rubin CPA, PLLC, we leverage our extensive experience and deep understanding of the cannabis industry and cannabis tax law to provide strategic solutions that mitigate tax liability and ensure compliance. Our approach includes:
Customized Tax Strategy: Tailored strategies that account for your business’s unique financial and operational aspects.
Comprehensive Representation: Vigorous representation in front of the IRS provides peace of mind and frees you to focus on running your business.
Informed Compliance: Guidance on staying compliant with state and federal laws, including navigating the complexities of cash transactions and banking restrictions.
