If you need assistance with sales tax filing, 280e mitigation, planning, abatement, or audit defense- you need to speak with Accounting Buds.
One of the most important steps in all tax filings is to ensure that you are only paying the taxes you owe- but in a business as complex as the cannabis industry, that can seem impossible to determine. Fortunately, with the right professionals behind you the answers become quite clear. Your Tax Bud will keep you up-to-date on all current tax breaks, laws and responsibilities, so you pay what you need to- and only that.
An equally important step to navigate when filing? Keeping 280e at bay. Tax Buds does all the research and hands you the tools you need to ensure that you’re filing in compliance with IRS 280e, keeping your business both safe and profitable.
Even with the most carefully prepared returns, state and federal agencies are imposing increasingly strict requirements. Audits are not unheard of; they can lead to costly fines and daunting financial hardship. Don’t face an audit alone- let our firm walk you through the process with our years of experience and knowledge.
OUR FEATURES AND SERVICES
Cannabis Tax Calculations & Filings
The processes involved in determining and reporting taxes owed by cannabis businesses.
280e Mitigation
Mitigate the Impact of 280E and Improve Cash Flow in Your Cannabis Business with Tax Buds.
Sales Tax Filings
Formal process by which businesses report and pay the sales tax they have collected from customers to state and local tax authorities.
Tax Strategy & Planning
Process of organizing a business’s financial affairs in a way that minimizes tax liabilities while ensuring compliance with tax laws.
Tax Abatement
Financial incentive that reduces or eliminates taxes owed by an individual or business for a specific period or under certain conditions.
Audit Defense
Strategies and services that individuals or businesses utilize to protect themselves during a tax audit conducted by tax authorities, such as the IRS or state tax agencies.