Cost Tracking & Allocation Methodology

As a cannabis business operator, you understand that taxes can be a complete nightmare because of IRC 280E. Being able to properly calculate your cannabis CoGS is paramount to having accurate tax filings and solid records in case of an audit.
Working with a cannabis CPA is very helpful because they help you take into account your plants-in-progress, product-in-progress, and separate CoGS from actual inventory.
If you need help with cannabis accounting or cannabis CoGS, then please reach out to us at greengrowthcpas.com/get-started/
or call 800-674-9050.