IRC 280E severely restricts the options available for depreciating assets in a cannabis business. We will cover the acceptable methods of depreciation and provide examples.
This course is part of a monthly series "Out in the weeds of weed taxation" offered the 2nd Friday of each month at 4:00pm (EST) and is available on-demand.
Brian is a Veteran of the nuclear Navy and co-founder of MJ Mastermind. His outsourced CPA/CFO firm levels the playing field for medium sized cannabis businesses in all verticals throughout 9 states. He is the author of "Cannabis Entrepreneur's...
Steven is an Amazon author on cannabis accounting and taxation with MJ Mastermind. Steven has 27 years of accounting experience in major corporations, such as Ford Motor and Shell Oil Companies, and currently operates his CPA/CFO firm serving...
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