January 13, 2023 9:00am – 12:30pm Map & Directions 602-252-4144

Webcast: Federal Income Taxation of Cannabis Businesses

Description

CPAs and industry professionals need to stay current on the evolving Federal income tax law applicable to cannabis. At least eighteen states-including California-and the District of Columbia allow legalized cannabis sales and many more allow medical cannabis sales. Attendees will become familiar with rules and challenges that affect this growing industry to serve clients best.

Location

ASCPA Live Online Webcast
Phoenix, AZ 85034-6617

Registration Time

8:30am

Fees

Member:
$160
Non-CPA Staff:
$210
Non-CPA Staff (100% club):
$160
Non-CPA Staff (sole proprietor):
$160
Non-Member:
$210
Webcast
Taxation
4

Objectives

  • Identify the primary legal and tax changes affecting businesses
  • Determine the effects of correctly reporting cannabis sales for federal income tax purposes

Course Level

Overview

Vendor

CalCPA Education Foundation More With This Vendor

Designed For

Tax practitioners and financial professionals.

Prerequisites

None

Highlights

  • Income taxability
  • Restrictions on expense deductibility
  • Application of capitalization rules
  • Ethical and non-tax legal constraints

Notes

None

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