Is Your Cannabis Organization Overpaying on Sales and Use Taxes?

Bridge West CannaBlog by Cory Parnell, CPA, Chief Operating Officer of Bridge West It’s a safe bet that state tax authorities will let you know if your cannabis organization has not paid enough sales and use taxes, but what are the odds that you’ll be notified if you’ve paid too much? The chances are slim […]

Are You Required to File Form 8300?

Here’s What You Need to Know CannaBlog by Cory Parnell, CPA, Chief Operating Officer, Bridge West LLC During a recent conversation with a cannabis wholesaler, I determined that they should have been filing Form 8300.  As a new client to Bridge West, we began by compiling the information to prepare the past due Form 8300s, […]

Bridge West CPAs and Advisors to the Cannabis Industry CannaBlog:

Section 280E, So You’re Telling Me There Is a Chance? by Nathan Panning, CPA During the 38 years since IRC Section 280E was enacted, there have been many related Court cases. Most have ended with two, three, or all of the following results: 1.) Section 280E is not believed to be a penalty, and therefore […]

LA & MO Lawmakers Decline Proposals to Make Major Changes to Marijuana Permitting Structure by Peter Prevot, CPA, CIA