cannabiz cpa: dani espinda chooses option number three

espinda

building out a cannabis practice with a spin-off entity called act resources.

by liz gold
cannabizcpa.pro

cannabis cpas who are entering this booming industry usually need to figure out how to structure their practice: do they focus exclusively on cannabusinesses? just create a new niche industry practice and hope their clients won’t raise eyebrows? or, create a separate entity within an already established firm?

goprocpa.commore cannabiz for pro members: jordan cornelius: guiding cannabiz clients through minefields | a cpa’s unexpected journey into the cannabis industry | the two crippling compliance issues for cannabis industry | wayne harding: from tech boom to cannabis boom | billion-dollar questions: cannabis faq for accountants | ready or not: cpa firms find new opportunity in booming cannabis industry | america’s new breed of cannabis cpas [video] | pioneering cannabiz cpa warns: tread softly | irs section 280e & marijuana: tax limbo or hell? | the rise of a cannabiz cpa | cpa cannabiz boomthe wild world of weed: tax season never ends | what’s a cannabiz worth? ask a cpa.

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for rhodes & associates, the third option made the most sense.

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jordan cornelius: guiding cannabiz clients through minefields

    cornelius: “i’ve seen operators get angry, cry, put their businesses up for sale.”

archaic laws and regulations plague booming new industry.

by liz gold
cannbizcpa.pro

the two biggest challenges facing businesses following the green rush in colorado today?

taxes and banking.

more cannabiz for pro membersa cpa’s unexpected journey into the cannabis industry  |  the two crippling compliance issues for cannabis industrywayne harding: from tech boom to cannabis boom   |  billion-dollar questions: cannabis faq for accountants   |  ready or not: cpa firms find new opportunity in booming cannabis industry  |  america’s new breed of cannabis cpas [video]  |  pioneering cannabiz cpa warns: tread softly  |  irs section 280e & marijuana: tax limbo or hell?  |  the rise of a cannabiz cpa  |  cpa cannabiz boom  | the wild world of weed: tax season never ends |  what’s a cannabiz worth? ask a cpa.

for sitewide access, log in here or 2022世界杯足球排名 today.

when operators first get into the industry, everybody is looking at the top line and are not too concerned with taxes, says jordan cornelius, owner of cornelius cpas in denver, colorado.

“it’s a problem, taxes are a huge deal,” he says.

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you don’t need more clients. you need better clients.

http://pages.accountantsworld.com/local-events-signup/
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accountantsworld sets n.y., n.j. conferences on client accounting services.

accountantsworld plans to show practitioners how to grow and streamline accounting and payroll offerings with strategies for delivering more value to clients through two three-hour conferences in the new york and new jersey area.

the live in-person events are scheduled at 8:30 a.m. to 11:30 a.m. oct. 20 at the melville (n.y.) marriott long island, 1350 walt whitman rd. melville., ny 11747; and oct. 27 at the hilton newark (n.j.)  penn station, 1048 raymond blvd., newark,  nj 07102. each provides 2.5 hours of free cpe. learn more and sign up here

“when clients can do what you do, your value and relevance go down,” says hitendra patil, a 卡塔尔世界杯常规比赛时间 expert author and accountantsworld director of practice development. “what is left is a fee and price pressure.”

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who wants to be a comptometrist?

dinosaur talking on a rotary phonehint: you shouldn’t. here’s why.

by hitendra patil
accountaneur: the entrepreneurial accountant

(with sincere respect to the erstwhile comptometrists.)

only 16 out of over 500 million users of linkedin have “comptometrist” as the “past” title. and they held those positions from anywhere between 25 to 55 years ago!

more on entrepre-neurial strategy: blockchain: questions are the answer | the 7 experiences millennials want from your firm | 22 ways blockchain will impact the accounting profession | forget cpe, you need an fpe | ‘uberizing’ means more than technology
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

there are exactly zero comptometrists on linkedin today – and likely, in the world.
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the a-b-c’s of getting started with advisory services

don’t forget the basics.

by sandi leyva

the other day, i sat in on a session on advisory services delivered by a leading consultant to multi-partner cpa firms. but i have a little bit different approach for smaller firms. that’s today’s topic.

when you ask an employee or partner of one of the top accounting firms what advisory services are, you’ll get a list with at least some of these items on it:

  • personal financial planning
  • fraud detection
  • technology services
  • it assurance
  • business valuation
  • mergers and acquisitions
  • litigation support

all of these are specialties within our industry where you can get additional training and certifications to demonstrate your expertise.

the problem with most of these advisory services is that they skip over the basics.

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