At HigherLevel CFO, we are passionate about providing stellar accounting and business management services to cannabis-touching businesses across the country.
Under IRS Code 280e cannabusinesses are not allowed any deductions or credits for amounts incurred or paid because cannabis is classified as a controlled substance on the federal level. This is where HigherLevel CFO, a firm dedicated to serving the needs of this exciting and emerging industry, comes in! Our nation-wide accounting and CFO services can help you maximize 280e tax deductions and develop strategies not only to save you in taxes, but also help you accelerate your growth potential using financial data and analytics.
Cannabis business accounting services
As your virtual CFO, we offer a wide range of consultative and analytic services, including:
- Budget creation and management.
- Cash flow management and oversight.
- Rolling forecasting.
- Marketing KPI/ROI analysis.
- Inventory KPI analysis.
- Human Resource management and oversight.
- Internal risk prevention and mitigation.
- Staff education on business operations and accounting processes to maintain compliance.
HigherLevel CFO works closely with a nationwide network of professionals who can assist you in all things canna:
- Legal matters
While it is important to obtain reliable accounting services in any industry, it is essential when running a cannabusiness. If you are unsure if you are following correct procedures and following proper processes, please reach out to us for a brief phone conversation.Taking 15 minutes today to ensure all procedures and guidelines are properly put in place could save you from creating a massive mess that you may not be able to fix later.
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