Why Get Cannabis Tax Settlement Help in Marina Del Rey?
Cannabis businesses all over Marina Del Rey are feeling the squeeze from government agencies in the form of new fiscal policies and regulations. In fact, new taxation on things like cultivation and purchase of cannabis has led to audits totaling more than $61 Million in settlement revenue for the state in just the first quarter of 2018 alone!
The IRS is in no way the only agency that cannabis related businesses can face audits from in San Diego. 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)
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.
Suffice it to say, tax settlements on marijuana related business in Marina Del Rey are a cash cow for the state…which is why any smart business owner should be seeking professional representation immediately! Don’t go it alone!
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