Cannabis Accounting

cannabis accounting and tax advisory

The cannabis industry must comply with accounting and tax challenges that most small businesses will never face. Strict sales tracking guidelines, confusing tax laws, and other struggles in this highly regulated environment make running daily financial operations difficult. Cannabis accounting firm, Bulletproof Tax & Accounting for accounting and bookkeeping services specially designed to overcome obstacles and grow a successful marijuana business. When you work with us, we give you more than dry financial data, we’ll show you how to use your numbers to control expenses, stay compliant with state and federal tax regulations, and make smart business decisions.

Our powerful accounting solutions will make managing your finances and maintaining tax compliance easier. We’ll help you implement best practices for handling cash, reconcile your seed-to-sale system, and solve operational problems. We’ll also guide you through allocating cost, so your business optimizes deductions to lower your taxable income and reduce taxes owed.

Cannabis Accounting and Bookkeeping

Discover the difference of working with a firm that understands your business! Call us now at 888-534-9425 or request your free consultation online to learn more.

  • Specialized accounting and bookkeeping
  • Assistance forming a legal business structure
  • Audit-ready financials
  • Inventory management solutions
  • Supply chain management
  • Monthly reconciliations of POS data
  • Reconciliations of seed-to-sale tracking systems
  • Bank reconciliations
  • Record monthly transactions
  • Review general ledger and reconcile balance sheet accounts
  • Evaluate and refine internal controls
  • GAAP cost accounting
  • Prepare and file sales tax return
  • QuickBooks support

Bulletproof Tax & Accounting Firm understands the key tax and accounting issues that impact cannabis businesses. From marijuana growers and warehousing to dispensaries, retailers, and CBD product manufacturers, we work with every segment of the industry. As your accounting firm, we'll supply strong accounting support and will help you maintain compliance with state regulations. Together, we'll find the best ways to streamline operations and maximize revenues for your business.

Contact us now at 888-534-9425 to learn more or request a free consultation through our website. We offer accounting services, tax planning, and proactive business solutions to the common challenges faced by:

Marijuana Growers

Our accounting and tax services are affordable for cultivators, warehousing, and greenhouses. We'll monitor your finances so you can stay focused on running your business. When we have your back you'll be confident that your books are always ready if you're hit with an audit.

Cannabis Dispensaries and Retailers

Medical marijuana dispensaries, distributors, and retailers keep expenses in check and optimize profits when they work with us. We'll develop a plan to decrease your tax burden so you can keep more of your profits at tax time.

CBD and Hemp Businesses

Hemp processors, CBD product manufacturers, and other cannabis-related businesses keep their finances organized and save money on taxes when they partner with us. With our assistance your business will run smoothly and budget for expansion.