The Coachella Valley Cannabis Alliance Network (CVCAN) and Cannabis Tax Attorney presents:

If you are conducting business in cannabis in the State of California, there are several taxing authorities that have interest in your business, specifically:

• Internal Revenue Service (IRS),
• Franchise Tax Board (FTB),
• California Department Of Tax & Fee Administration (CDTFA), and
• Your local jurisdiction (municipality).

Additionally, if your business has workers, the Employment Development Department (EDD) will also be scrutinizing your business.

Each of these agencies believes that cannabis businesses are doing well and are “cash-cows”.

Truth is many now are struggling to survive due to different reasons including:

• oversupply of product,
• lack of access to financing markets,
• saturation of competing businesses, and
• extensive regulatory procedures.

Learn How Your Cannabis Business Can Survive These Tax Challenges.

Other timely topics to be discussed -

• · California Looking to Legalize Psychedelics
• · Drug Enforcement Administration (DEA) Proposed Rule Moving Cannabis to Schedule III

About the speaker

Jeffrey B. Kahn is the principal of the Law Offices Of Jeffrey B. Kahn, P.C. headquartered in Irvine and with three offices in the Bay Area and four offices in Southern California. He is a Member of the California and Florida Bars and is Board Certified in Tax Law by the California and Florida Bars who practices in tax planning and the resolution of tax controversies, cryptocurrency and cannabis. He earned his LL.M. degree in Taxation and J.D. degree from the University of Miami School of Law, and his B.B.A. degree from Florida International University.

He is an adjunct professor for the College Of The Desert teaching cannabis law and has taught classes in the areas of taxation and business as an adjunct Professor for Nova Southeastern University School of Business and Entrepreneurship. He also holds a Florida Certified Public Accountant license and serves as Secretary and on the Board Of Directors for CVCAN and serves on the Cannabis Advisory Council for the College Of The Desert.

https://coachellavalleycan.org/