You Need Tax Settlement Representation for Your Ventura Marijuana Business
Ventura based cannabis business owners have the world at their feet, but many are also quickly feeling noose tightening from fiscal regulations. New taxes on things like purchase and cultivation along with changing financial laws have resulted in more than $61 Million in tax settlement revenue for the state from audits in just the first quarter of 2018 alone!
The point is, tax audits are big, BIG business for Ventura government officials, and that isn’t just the IRS. In fact, a host of other regulatory agencies are also auditing, including:
- The Board of Equalization (BOE)
- The Franchise Tax Board (FTB)
- The Employment Development Department (EDD)
Laws and penalties will only get stricter over time, which is why any smart Ventura business owner should be seeking professional representation immediately! Each of these agencies has the power to investigate and levy penalties, and every settlement comes along with a laundry list of little details that could quickly damage your business.
Don’t make the mistake of going it alone.
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