Why Get Tax Settlement Representation for Your Century City Marijuana Business?
Here in Century City — much like the rest of California — the marijuana business has government officials seeing huge dollar signs. Naturally, this has led to a host of new laws and penalties on things like cultivation and purchasing taxes which have in turn bred audits resulting in more than $61 Million in tax settlement revenue for the state in just the first quarter of 2018 alone!
It goes without saying that tax audits are big business for Century City officials, and that isn’t just the IRS. In fact, a host of other regulatory agencies are also auditing, including:
- The Franchise Tax Board (FTB)
- The Board of Equalization (BOE)
- The Employment Development Department (EDD)
These penalties will only get stricter, which is why any smart Century City 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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