For retailers, manufacturers, and many other businesses, a significant amount of working capital is tied up in inventory. A year-end physical count of raw materials, work-in-progress, and finished goods is essential.
Certain types of businesses receive large payments of cash. They may be required to report the transactions to the IRS. Here are the rules.
Expectations are high in Arizona’s cannabis industry and throughout the U.S. as we forge forward in 2021.
Despite the financial, operational and legal challenges facing the cannabis industry, significant growth is expected in Arizona and throughout the U.S. Establishing a consistent and effective risk framework to address these challenges will minimize losses in the future.
ASCPA’s Cannabis Special Interest Section Update The cannabis industry is anticipating high-speed growth potential particularly here in Arizona. Despite the […]
MARK BRODIE: Arizona voters last month approved Proposition 207, which legalizes recreational marijuana in the state. Once sales start, buyers will […]
Amid the COVID-19 pandemic, many employers are looking for tax-advantaged ways to help their employees with additional expenses incurred as […]
Arizona has voted to legalize marijuana for recreational use, a decade after the state legalized medicinal cannabis. The measure is […]
Josephine Giordano, a Director in BeachFleischman’s Financial Forensics and Business Valuation Services Group, will be giving two presentations at the […]
Earlier this year, BeachFleischman’s Josephine Giordano moderated a panel discussion for the newly formed ASCPA Cannabis Special Interest Section covering legal and regulatory challenges, dispensary operations, and accounting and tax issues for cannabis and hemp industry in Arizona. Her article about that panel discussion will be in the May/June issue of AZ CPA magazine.