Navigating the Cannabis Niche: Business and Tax Considerations

Description:

Marijuana businesses are growing fast, but it's a complicated market that accountants need to really understand before they jump in. If you currently have clients in the cannabis industry, or would like to grow your practice to include these clients, this course is for you!

Highlights:

The following topics will be discussed:

1. Special considerations for marijuana businesses
2. Update on available ME licenses
3. Choice of entity
4. Setting up the chart of accounts
5. Federal tax considerations
6. Maine tax considerations
7. The future of cannabis businesses in Maine

Objectives:

This course will provide an overview of the financial issues- from record-keeping to tax reporting- for
business operating in this tightly regulated, growing and evolving industry.

Prerequisites:

None

Credits:

4

Course Level:

Basic/Intermediate

Registrations are currently closed.

Location:

Maine Turnpike Authority Building
2360 Congress St.
Portland, ME 04102
View Map

Start:

September 24, 2019 8:30am

End:

September 24, 2019 12:15pm

Check-in starts at 8:15am

Leaders:

Boulette, James P.

James Boulette, CPA is a graduate of the University of Maine and has been practicing in Maine for over 30 years. He is the managing director of One River CPAs and has been working with ME and MA cannabis clients since 2010.

Brannen, Karla J.

Karla is a Senior Tax Manager at ARB.Karla received her Bachelor of Science in Accounting and Masters of Business
Administration from Thomas College. Karla has over 13 years of experience in public accounting, with over three years of
providing services in the emerging market of cannabis.

As the cannabis practice leader, Karla works with cannabis companies of all kinds from hemp to CBD to marijuana, helping with a range from services from entity selection and tax compliance to consulting for cost accounting banking methods and operating procedures.

Karla is a member of : American Institute of Certified Public Accountants;Maine Society of Certified Public Accountants
Maine Employee Benefits Council

Designed For:

Designed for accounting professionals, bookkeepers and financial advisors to canna-businesses

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