Liz Gold, Author at CPA Trendlines

Cannabis: Embracing Risk as a Market Advantage

Today’s top trend: Mega-mergers, says Sabas Carrillo.

What do you do when you get a call from a friend at an audit firm who says there’s a company that needs accounting help, wants to go public and raise capital – except no other firm will help it?

MORE ON CANNABIZ: Cristina Garza: Keeping Cannabiz Clients in Compliance | Minorities, Women & Cannabis | CPA Takes His Cannabis Practice on the Road | Leveraging R&D Credits and Depreciation for Cannabis Clients | 5 Challenges for Cannabusinesses
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If you are Sabas Carrillo, chief executive of Adnant Consulting, you take it on.
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CANNABIS

Cristina Garza: Keeping Cannabiz Clients in Compliance

New accounting technology is part of the package.

By Liz Gold
CannaBizCPA.Pro

When Cristina Garza launched her cannabis accounting and payroll company, CannaComply, back in 2014, she wanted to make sure she understood the nuances and complexities of the industry.

MORE ON CANNABIZ: Minorities, Women & Cannabis | John Pellitteri Takes Grassi Full Steam into the Cannabis Industry | Moving Beyond 280E: Dean Guske on the Cannabusiness | 5 Challenges for Cannabusinesses | Dope CFO Levels Up Its Offerings
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A new transplant to Denver, Garza was already running Accountingprose, an accounting company providing bookkeeping, payroll and advisory to small businesses. If you haven’t seen her website you should – she dubs her team “small business superheroes” and calls herself “Chief Number Cruncher” in her email signature. READ MORE →

CANNABIS

Sean Robinson: Minorities, Women & Cannabis

CPA targets fast-growing business sectors facing common problems.

By Liz Gold
CannaBizCPA.Pro

For Sean Robinson, CPA, MBA, and founder of Tebaja Consulting LLC, his company is helping him answer his calling.

MORE ON CANNABIZ: John Pellitteri Takes Grassi Full Steam into the Cannabis Industry | Cannabis: Top Trends to Watch in 2019 | Dean Guske on the Cannabusiness | Squar Milner Takes on Cannabis in California and Beyond
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Robinson spent a decade at Citigroup in various roles. During that time, he always had a fondness for his first role, which was managing several teams that supported and expedited the financial close process for private equity funds and venture capital investors.
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CANNABIS

John Pellitteri Takes Grassi Full Steam into the Cannabis Industry

Portrait of John Pellitteri — Pellitteri

It began with health care.

By Liz Gold
CannaBizCPA.Pro

When John Pellitteri noticed a significant increase in the cannabis-related questions in the business community, he immediately took ownership of building the consulting team that was missing to help guide those conversations into opportunity.

MORE ON CANNABIZ: Cannabis: Top Trends to Watch in 2019 | CPA Takes His Cannabis Practice on the Road | 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 | PODCAST: Drew Dearlove Talks about the Cannabis Business | Five Secrets to Launching Your Own Cannabis Accounting Firm
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Pellitteri, the Healthcare and Cannabis Practice Leader at Grassi & Co., headquartered in New York, NY, has spent close to 30 years working with hospitals, physicians and outpatient centers. At the beginning of 2016, he started fielding questions about medical cannabis.
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CANNABIS

Cannabis: Top Trends to Watch in 2019

4 experts offer their insights.

By Liz Gold
CannaBizCPA.Pro

There’s no denying it – cannabis is hot and more people (CPAs included) are jumping in to be part of the Green Rush.

MORE ON CANNABIZ: CPA Takes His Cannabis Practice on the Road | Moving Beyond 280E: Dean Guske on the Cannabusiness | Cannabis Lights Up Midterm Ballots | Squar Milner Takes on Cannabis in California and Beyond | 4 Best Things About Being a ‘Dope’ Accountant | 5 Biggest Mistakes Cannabis CEOS Make | Five Secrets to Launching Your Own Cannabis Accounting Firm
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November’s midterm elections proved that people across the country are in support of legalizing cannabis – in some fashion – bringing that number up to 33 states that have some measure of access to cannabis. According to NORML, so far in 2019, there are nine states with pending legislation to legalize adult use cannabis – including Vermont, New Jersey, Illinois and Washington, D.C. Legalization for medical use is also under way for four states – South Carolina, Tennessee, Indiana and Texas.
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CANNABIS

CPA Takes His Cannabis Practice on the Road

Portrait of Frank Palomino Jr. — Palomino

He says 280E issues aren’t going away.

By Liz Gold
CannaBizCPA.Pro

Frank Palomino Jr. is ready to roll up his sleeves for cannabis companies.

MORE ON CANNABIZ: Moving Beyond 280E: Dean Guske on the Cannabusiness | Cannabis CPA Carves Out Investment Research Niche | ‘Genius Accountant’ Helps Cannabiz Clients Manage Effectively | Bruce Jolliff: Jumping into Cannabis Head First | Mark Guiley Oversees New Cannabis Niche | Jessica Velazquez on Cannabis Accounting and Activism | PODCAST: Jim Marty and Cory Parnell Go National
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Having obtained his CPA designation in March 2017, Palomino started his company just a few months later in July to live the CPA dream of hanging out a shingle and building up a book of clients.
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CANNABIS

Moving Beyond 280E: Dean Guske on the Cannabusiness

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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CANNABIS

Cannabis CPA Carves Out Investment Research Niche

Matthew Karnes suggests ancillary businesses, not growers.

By Liz Gold
CannaBizCPA.Pro

By 2022, Matthew Karnes, CPA, said he expects every state in the country will have implemented either a medical-only or a fully legal cannabis market to reach $35 billion in retail sales.

More at CannaBizCPA.Pro: 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
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Karnes, who is the founder of GreenWave Advisors, talked about his projections for the industry’s growth in the opening keynote for the NYSSCPA Cannabis Conference.
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Here’s what you’re looking for: Liz Gold