Uncategorized

07.11.23
Cory M. Parnell, CPA

Stay Compliant and Efficient: Why Cannabis Operators Need a Cloud-Based Expense Management Tool

Blog
Cannabis
Outsourced Accounting
Advisory

As the cannabis sector evolves and expands, managing operational expenses effectively and efficiently becomes a growing concern for industry operators. To meet this need, cloud-based expense management tools have emerged...

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06.28.23
Cory M. Parnell, CPA

Maximizing Cannabis Operations with KPIs

Blog
Cannabis
Business Owners
Advisory
Audit & Assurance

For business owners, Key Performance Indicators (KPIs) provide a critical lens for recognizing growth areas and potential challenges. Companies generally monitor KPIs such as revenue growth, revenue per client, profit...

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the Minnesota capital building
06.21.23
Cory M. Parnell, CPA

State-Mandated Retirement Plans: A Detailed Guide

Blog
Retirees
Retirement 401k

Many states have recognized that retirement planning is vital for the financial wellness and security of American workers. To help more people become retirement-ready, some states have implemented state-mandated retirement...

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06.15.23
Cory M. Parnell, CPA

Unlocking the Value of Early-Stage Cannabis Businesses

Blog
Cannabis
Advisory

Figuring out the worth of an early-stage cannabis company can be a daunting task, yet it remains an integral part of your capital formation process, especially if your business is...

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06.05.23

An Excise Exploration: Unpacking Minnesota’s Cannabis Taxation

Blog
Cannabis
Business Tax

Minnesota is poised to become the 23rd state to legalize cannabis use for those 21 and older. The bill legalizing cannabis use spans more than 300 pages and encapsulates a...

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05.23.23
Cory M. Parnell, CPA

A Timeline and Comprehensive Review of States Approving 280E Deductions

Blog
Cannabis
Advisory
Business Tax
Individual Tax & Planning

Section 280E of the Internal Revenue Code (IRC) is a compelling and often controversial issue in the cannabis industry. Enacted in 1982, this provision prohibits businesses from deducting otherwise ordinary...

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05.12.23
Calvin P. Shannon, CPA, CVA

Employee Retention Credit Refunds: What Cannabis Operators Need to Know

Blog
Cannabis
Business Tax

The Employee Retention Credit (ERC) has proven to be a valuable resource for businesses during the challenging economic climate of recent years. As the cannabis industry continues to emerge and...

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a qr code on a phone
05.03.23

Security Risks Associated with QR Codes

Newsletter
IT
Technology

QR codes, or Quick Response codes, have become a staple in today’s digital world. They can be found on everything from advertisements and product packaging to business cards and signs....

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05.03.23
Jon T. Meyer, CFP®

What If You Are Wrong? Overconfidence and the Pregnant Pause

Blog
Families
Wealth Management
Individual Tax & Planning

I have been in Toastmasters for 28 years; I have gone weekly (we do take summers off) during those 28 years. In evaluating a speech, we often look for “ahs”...

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a family meeting together
05.03.23
John Barghini, CPA, MBT

Raising Money-Savvy Kids: Tips for Teaching Your Children About Taxes

Blog
Families
Individual Tax & Planning

Financial education is a crucial aspect of preparing children for successful adulthood. Parents can help kids develop the skills and knowledge necessary to make informed decisions about their finances by...

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