Federal Income Taxation Of Marijuana Businesses

Course Details

Date

Wednesday, December 11, 2019

9:00am – 11:00am
(Registration: 8:30am)

Field of Study

Taxation

Course Number

4192994B

CPE Credit

2.0 hours CPE credit

Level of Knowledge

Overview

Vendor

CalCPA Education Foundation

Prerequisites

None.

Description

CPAs and industry professionals need to stay current with the evolving federal income tax and other applicable tax laws applied to marijuana.

At least ten states—including California—and the District of Columbia allow legalized marijuana sales and many more allow medical marijuana sales. Attendees will become familiar with rules and challenges that affect this growing industry to serve clients best.

Highlights

  • Income taxability
  • Restrictions on expense deductibility
  • Application of capitalization rules
  • Ethical and non-tax legal constraints

Objectives

  • Identify the primary legal and tax changes affecting businesses.
  • Determine the effects of correctly reporting marijuana sales for federal income tax purposes.

Designed For

Tax practitioners and financial professionals.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$60.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$94.00
Your Price $94.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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