BREA, CA – Canethics, Inc. is proud to announce the new services it provides to cannabusinesses. “Cannabusinesses have additional exposure to IRS regulations and our Company helps them to become and maintain compliance. We now offer a full range of Accounting, Tax Planning and Consulting services to the Cannabusiness industry,” according to the company’s Chief Financial Officer, Amit Chandel.
Every business needs tax planning and accounting solutions as this is a very important and often overlooked aspect of any business. “As the marketplace for cannabusinesses continues to grow and mature the IRS 280e compliance regulations will become more stringent and harder to navigate,” Mr. Chandel stated.
Canethics is a financial advisor firm comprised of CPAs, EAs and Attorneys that specializes in the legal marijuana industry and has helped dozens of companies achieve tax compliance in the cannabusiness field, which is an important distinction. Most companies want to do business with a reputable advisory firm, but what happens when you don’t run a traditional business model? Let’s face it, cannabusinesses are currently legal in only a few states and not federally, so the resources needed for these types of companies has been limited because of this.
As more states look towards legalization in some form the need for firms with specializations such as those offered by Canethics, Inc. will be in high demand. “We are proactive leaders, identifying issues and offering innovative solutions to enable companies to accomplish their goals,” noted Mr. Chandel. Like most businesses, focus on your internal processes is key but can often be sidelined by constantly changing regulations.
“By making a commitment now to this industry, we can help define the way cannabusinesses achieve success. This can be accomplished by limiting their liabilities and exposure, while helping them meet their future goals. This is what we do at Canethics day in and day out, so it’s a natural fit,” commented Amit.
Professionals at Canethics currently offer their services to cannabusinesses in the California market, but will expand to other states as acceptance and legalization becomes more prominent over the next decade. It’s an exciting time for this industry with many emerging opportunities. For more information about Canethics team please visit their website.
Company Name: Canethics, Inc.
Contact Person: Amit Chandel
Email: Send Email
Address:135 South State College Boulevard Suite 351
City: La Brea
Country: United States