Redbud Advisors

STRATEGIES
You will have year round access to accounting professionals specializing in cannabis business tax code. We can provide and teach regulatory compliance and accounting strategies to limit your exposure to IRC Section 280E. This will keep more money in your bank and make you less attractive to be audited or shut down.

DEDUCTIONS
Ganja-prenuers are faced with the most unfriendly tax code. The IRS doesn’t allow ordinary and necessary business expenses in this industry, but does for everyone else. The only allowable deduction is for costs of goods sold.  We know how to strategically account for your expenses to max out cost of goods sold.

CORPORATE STRUCTURE
Splitting your business up into several companies could be an effective legal strategy, but that doesn't necessarily mean tax savings.  We can work with your existing business model or we can refer you to a cannabis attorney who can help set up your organization to minimize exposure.

BOOKKEEPING
Save more time to focus on what you love doing by outsourcing bookkeeping and payroll. You’ll know that you have accurate, auditor and investor ready financial statements and that payroll is taken care of.