We have all heard about the problems that IRC 280E creates, but you have a business to run. This presentation focuses on the day-to-day, practical steps you need to take to build a working accounting system that addresses 280E limitations while also ensuring that you have a clear-eyed view of the profitability of your business.
1. Learn how to identify production, acquisition, and sales/admin expenses.
2. Examine how to estimate federal tax liability.
3. Discover the five most common accounting mistakes and misconceptions.
4. Discover the five best accounting recommendations and solutions.