As businesses in San Diego continue to take advantage of the new legalization related to cannabis and marijuana, it is no surprise that sales continue to rise year over year. If you are the owner of a cannabis or marijuana business, it is essential that you make sure your company is safeguarded against audit risks and the penalties and fines that can stem from not fully understanding the regulations, taxing laws, and such associated with owning such a business.
Marijuana and cannabis businesses are at a higher risk of being audited simply because of the tax rules, policies, and regulations surrounding the industry. Unfortunately, many of these audits can result in a business losing its license, which poses a serious risk to the longevity of your company. At Leading Tax Group, we are your local marijuana tax audit experts and can assist you with all your marijuana and cannabis-related questions, tax issues, and more.
Whether you have been told that you are the subject of a marijuana tax audit or you simply want to make sure that your business is not audited, reach out to the team at Leading Tax Group. We are here to help you and keep your San Diego-based company in business.
San Diego is one of the central hubs for the movement to legalize marijuana, which makes it an epicenter for sales of marijuana and cannabis. Financial regulations have been handed down from the government and IRS and as a business owner in this industry, you must comply with all of them. The IRS will hold you accountable and will place fines and penalties against you should you not comply or fail to do what you need to. Our tax team will work closely with you to provide you with the representation you need during a marijuana tax audit in San Diego. We have the skills and experience needed to help you get through the audit unscathed.
Unfortunately, the IRS is not the only entity that can audit you either. In fact, the Employment Development Department (EDD), Franchise Tax Board (FTB), and Board of Equalization (BOE) can audit you as well. All of these agencies have the ability to impose tax liabilities against you. The best way for you to protect yourself and fight back is to hire a tax expert to assist you.
Contact Us
Our experts will educate you in the mistakes made previously to help avoid getting into a similar mess in the future.
Headquartered in Encino, California with multiple local branch offices in your backyard to serve you at your convenience. Leading Tax Group can schedule a face to face consultation to represent your case with the IRS, FTB, EDD, as well as CDTFA Audits.
The cannabis and marijuana industry has a bright future but as a San Diego business owner in the trade, it is important that you arm yourself with the knowledge of all financial and tax rules and regulations surrounding the industry. Leading Tax Group is here to assist you and provide you with the representation you need whether you have questions about your tax situation or you have been selected for a marijuana tax audit. Call us today to receive a free consultation.
RECENT NEWS
Can the IRS Garnish ALL Of My Income? Facing a wage garnishment from the IRS can leave you scared, confused, and baffled. While you never expect the IRS to come after you and take your wages, it can happen, especially when you have an unpaid tax debt. If you have received a notice in the mail that states that the IRS is going […]
SERVICES
IRS Audits
up at My Door!
Wage Garnishment
Experts (Including Former IRS Tax Lawyers)
(whom include Former IRS Tax Attorneys)
California Department of Tax & Fee Administration Audits
Tax Audit Experts (Whom include Former IRS Tax Lawyers)
(whom include Former IRS Tax Attorneys & Auditors) in CA
Bank Account or FBAR
Equalization Audit
Concerns
Audit
Settlement
Experts
Expert
Marijuana and Cannabis Tax Audit Professionals in Santa Monica
Our Locations
© Copyright 2024 Leading Tax Group - All Rights Reserved | Disclaimer
** On the rare occasion that the client is discernably dissatisfied with our service, the Firm will gladly refund the unused portion of fees paid to date. All claims must be made within the 30 day period of hiring Firm for services. Client will be charged for billable hours based on work already performed, and the balance of fees paid in refunded should client elect not to proceed. To date, less that 1 percent of our clientele request premature cessation of case work. This fact due directly to our impeccable service, support and experience.
800-900-4250