moving beyond 280e: dean guske on the cannabusiness

portrait of dean guske
guske

why the industry is in a sweet spot right now.

by liz gold
cannabizcpa.pro

here’s a piece of advice for accountants and cpas in the cannabusiness industry – don’t get hung up on 280e.

that’s right, you read correctly.

more at cannabizcpa.pro: matthew karnes provides cannabis research for investors |  leveraging r&d credits and depreciation for cannabis clients | cannabis lights up midterm ballots | squar milner takes on cannabis in california and beyond | marcum llp: moving forward in cannabis with confidence | tom achor: at the intersection of cannabis accounting and technology | podcast: john repetti and mitzi hollenbeck of citrin cooperman.| leveraging r&d credits and depreciation for cannabis clients | 5 challenges for cannabusinesses | dope cfo levels up its offerings | cannabis trends: what cpas need to know for 2018 and beyond

more dean guske:  the wild world of weed: tax season never ends [video]  |  america’s new breed of cannabis cpas [video]

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at least, according to dean guske, cpa, mst and owner of guske & company in bellevue, washington.
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gifts to charity: 6 facts about written acknowledgments

and of course, make sure the deduction is qualified.

by barry j. friedman, cpa
industrynewsletters

if your clients offer gifts or money to qualified organizations eligible to receive tax-deductible charitable contributions, they must do two things:

more: the latest fraud problem: synthetic identities | why padding tax deductions is a risky proposition | portability: sharing the estate tax exemption | tariffs: what clients need to know now | basis: turning a common client question into new business | the w-4 time-bomb and what to do about it
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  1. have a bank record or written communication from the charity for any monetary contributions.
  2. get a written acknowledgment from the charity for any single donation of $250 or more.

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when writeups went extinct

older man and younger man in meetingwhy it was so valuable and how to gain that knowledge now.

by ed mendlowitz
call me before you do anything: the art of accounting

writeups are extinct. when i started in 1963, most small cpa firms primarily did writeups. after i started my practice in 1969, it became an embarrassment to say i did writeups. it connoted something beneath my “professional” status.

more: the ‘wrong’ cpe | bored by cpe? you’re missing out! | clients buy solutions, not hours | roger is my only client | top 10 issues for real estate investors | working hard? or hardly working? | it’s not always about the money | the value in value consulting | a cpa looks back across the generations
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

i think a problem today is that writeups no longer exist for younger staff.
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