High Quality Accounting & Tax Services Ltd. (HQATS) provides detailed support and expertise in serving the cannabis industry. We offer a wide variety of services including accounting, tax and consulting services that give business owners the knowledge to grow and succeed in this emerging business industry.
HQATS accounting, tax and consulting services to the cannabis industry covers the full scope of the operational and regulatory challenges including, but not limited to: determination of classifications and allocations to maximize allowable tax deductions (IRC 280E tax issues), entity type choices, sales taxes, excise taxes, cultivation taxes, etc., proper accounting (GAAP) policies and procedures for inventories (471a), seed-to-sale cost accounting, and financial statement preparation including cash flows, forecasts and projections. In addition to cannabis accounting and tax services, as part of this emerging industry, I would like to introduce my client, Cordos Construction. Cordos Construction develops and builds cutting-edge, high-tech adult-use recreational and medicinal processing facilities for cultivation, lab and manufacturing.
Jeff Travis, CPA, as the managing partner of HQATS, understands all facets of the cannabis industry, including IRS scrutiny of tax returns, state and local tax rules, banking restrictions, payroll, security, retirement plan setup issues, etc., just to name a few. Please call for an initial consultation or meeting at my office, or at your place of business. References are available upon request.
HQATS accounting, tax and consulting services to the cannabis industry covers the full scope of the operational and regulatory challenges including, but not limited to: determination of classifications and allocations to maximize allowable tax deductions (IRC 280E tax issues), entity type choices, sales taxes, excise taxes, cultivation taxes, etc., proper accounting (GAAP) policies and procedures for inventories (471a), seed-to-sale cost accounting, and financial statement preparation including cash flows, forecasts and projections. In addition to cannabis accounting and tax services, as part of this emerging industry, I would like to introduce my client, Cordos Construction. Cordos Construction develops and builds cutting-edge, high-tech adult-use recreational and medicinal processing facilities for cultivation, lab and manufacturing.
Jeff Travis, CPA, as the managing partner of HQATS, understands all facets of the cannabis industry, including IRS scrutiny of tax returns, state and local tax rules, banking restrictions, payroll, security, retirement plan setup issues, etc., just to name a few. Please call for an initial consultation or meeting at my office, or at your place of business. References are available upon request.
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We would love to discuss how we can help your growing cannabis business navigate the complicated new world.