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BUSY SEASON MANAGEMENT

What Cannabis Clients Should Look for in an Accountant

portrait of Harry Shurek
Harry Shure, EA

Beware of pricing by phone.

By CPA Trendlines Research
Cannabizcpa.pro

The production and distribution of cannabis is the newest and most variegated industry in America. Some would even say it’s one of the toughest industries in America in which to do business.

MORE ON CANNABIZ: Suchoff Takes Cannabis Accounting Passion National | Why Are CEOs So Confused? | Kareyna Miller Mines Michigan Cannabis Niche | Cannabis: THC vs. CBD Critical Differences | New to Cannabis? Maybe a Joint Venture Is the Answer | Cannabiz Meets Intellectual Property Protection | Green Bits: Helping Cannabis Retailers Stay Compliant | Silver Leaf CBC: An ERP Platform for Cannabis Companies | CohnReznick Goes National on Cannabis
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It’s illegal everywhere yet legal in some places, but not legal the same way in all places. The federal government considers it a Schedule 1 narcotic right up there with heroin and LSD, yet the Internal Revenue Service is perfectly willing to collect taxes on companies that handle the product.
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BUSY SEASON MANAGEMENT

COVID-19 Brings Out the Best in Accountants

Salim Omar
Salim Omar

We’re there when clients need us most.

By Salim Omar
straighttalkcpas.com

It’s been a long and tough week for accountants… one that has shown just how selfless and caring they are.

CPA Trendlines is providing FREE access to our latest coronavirus crisis updates: Start here for a guide to all our free coverage.

Bonus Tools and Guidance for PRO Members: For premium crisis-management tools and resources, look here.

During the busiest time of the year, accountants across the country STOPPED performing the cash-generating tax work they were deeply entrenched in. Instead, they channeled their energy and effort to help their small business owner clients to get through a crisis that has been upsetting and gut-wrenching.

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BUSY SEASON MANAGEMENT

SURVEY: Confronting Coronavirus Chaos

Preparing for the new paradigm of economic and medical realities.

Today's commentators (clockwise from top left): Martin, Zacarias, Finning, Simms, Bowers, Collins
Today’s commentators (clockwise from top left): Martin, Zacarias, Finning, Simms, Bowers, Collins

https://www.research.net/r/busy20econBy CPA Trendlines Research

CPAs are hunkering down for a quadruple-whammy as the COVID-19 pandemic slams society and the economy. Information is tenuous and changing.

See All CPA Trendlines Special Coronavirus Coverage

More: Tax Season Turns Ugly under Coronavirus | Lessons from the Trenches of Tax Season | Coronavirus Rattles Tax Season | More Firms Falling Behind | Accountants Cautiously Bullish on the Economy
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No one knows for sure what’s going to happen, but in the tax & accounting industry, four things are pretty certain:

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