CPA & Accounting Tax Services for Cannabis, Hemp & CBD Businesses

At CPA & Accounting Tax Services, we provide tax planning, accounting services, and tax consulting for cannabis, hemp & CBD (Cannabidiol) businesses throughout the United States. Whether you are dealing with issues of compliance, multi-state tax minimization, tracking lost profits, maximizing deductions, streamlining payroll, decreasing tax obligations, scaling your business profitably, taking advantage of the most recent tax laws, or simply needing to file your corporate taxes, we can help!

PERSONALIZED CBD AND HEMP ACCOUNTING SERVICES

The legalized cannabis industry is exploding with growth and is one of the fastest growing industries in not just the U.S., but across the entire world. And as you may already know, the regulations, tax considerations and strategies for cannabis and hemp businesses are quite different than that of your everyday business.

Whether you grow, produce or sell cannabis, your accounting needs are very unique to your business and will continue to evolve over time as the landscape changes.

Sadly, many accountants and CPAs are not equipped or comfortable with serving this booming industry. At CPA & Accounting Tax Services, we understand the unique financial details that exist in running a licensed cannabis and hemp business in the highly regulated cannabis sector and we are here to help.

CBD RELATED INDUSTRIES AND ANCILLARY BUSINESSES WE SERVICE

• Anxiety Relief
• Edibles (gummies and vitamins)
• Farmers
• Food Related Items
• Oils
• Organics
• Pain Relief
• Paper
• Pills and Capsules
• Security
• Skin Care (beauty, acne treatments, & bath bombs)
• Sleep
• Software
• Topicals (lotions, creams and salves)
• Vaping

CBD LEGAL STATUS BY STATE 2022

• Alabama – Restricted
• Alaska – Fully Legal
• Arizona – Fully Legal
• Arkansas – Fully Legal
• California – Fully Legal
• Colorado – Fully Legal
• Connecticut – Fully Legal
• Delaware – Fully Legal
• Florida – Fully Legal
• Georgia – Restricted
• Hawaii – Fully Legal
• Idaho – Fully Illegal
• Illinois – Fully Legal
• Indiana – Restricted
• Iowa – Restricted
• Kansas – Restricted
• Kentucky – Restricted
• Louisiana – Fully Legal
• Maine – Fully Legal
• Maryland – Fully Legal
• Massachusetts – Fully Legal
• Michigan – Fully Legal
• Minnesota – Fully Legal
• Mississippi – Restricted
• Missouri – Fully Legal
• Montana – Fully Legal
• Nebraska – Fully Illegal
• Nevada – Fully Legal
• New Hampshire – Fully Legal
• New Jersey – Fully Legal
• New Mexico – Fully Legal
• New York – Fully Legal
• North Carolina – Restricted
• North Dakota – Fully Legal
• Ohio – Fully Legal
• Oklahoma – Fully Legal
• Oregon – Fully Legal
• Pennsylvania – Fully Legal
• Rhode Island – Fully Legal
• South Carolina – Restricted
• South Dakota – Fully Illegal
• Tennessee – Restricted
• Texas – Restricted
• Utah – Fully Legal
• Vermont – Fully Legal
• Virginia – Restricted
• Washington – Fully Legal
• West Virginia – Fully Legal
• Wisconsin – Restricted
• Wyoming – Restricted