October 26, 2023
The Marijuana Regulation and Taxation Act legalized cannabis sales in New York State with checks. The 280E tax is one of those checks.
Bowers CPAs is a trusted partner in the cannabis and hemp business. The Cannabis and Hemp industry is valued in the multi-billion-dollar range, and New York State is positioned to be one of the most lucrative cannabis markets in the United States. However, since the sale of cannabis remains illegal at the federal level, these businesses face unique tax implications. Bowers CPAs helps Cannabis and Hemp businesses navigate tax codes and implications, industry regulations, audit preparation, tax planning, business licensing, outsourced accounting services, and financial statement audits.
September 21, 2023
Any start-up company must calculate costs. The complicated, growing cannabis industry is no exception. Learn how to navigate and calculate initial costs.
June 20, 2023
Understanding the cannabis industry's operations and laws can give you an edge. Here are some tips to help you launch your cannabis business and thrive in New York State.
June 8, 2023
Every successful business begins with a good business plan. The same holds for the Cannabis industry. Here are pointers to help develop your NYS cannabis business plan.