Why Get Marijuana Tax Settlement Representation in Los Angeles?
As the marijuana industry skyrockets all over this country, Los Angeles sits among the forefront of progressive opportunity for cannabis business owners. In response, the state has levied numerous fiscal laws that have resulted in more than $61 Million in tax settlement revenue for the state in just the first quarter alone!
Needless to say, tax audits are big business for Los Angeles officials, and that isn’t just the IRS we’re talking about. A host of other regulatory agencies are also auditing, including:
- The Employment Development Department (EDD)
- The Board of Equalization (BOE)
- The Franchise Tax Board (FTB)
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 sink your business. These penalties will only get stricter, which is why any smart Los Angeles business owner should be seeking professional representation immediately!
Don’t make the mistake of going it alone.
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