2020 Fall Tax: What R U Smoking? Overview [Pt. 1] & Deep Dive [Pt. 2] of Taxation of Cannabis

Program Outline:

Part 1 Cannabis Taxation Overview:

Thursday, October 22, 2020, 9:00 am to 1:00 pm

History of Cannabis Taxation
Federal Taxation of Cannabis Businesses (IRC 280E overview)
Review of landmark and current federal tax court cases
IRS Program number: UB57Y-T-00144-20-O; 3 CEs

Part 2: Getting In Deep (Deep Coverage of Cannabis Taxation)

Friday, October 23, 2020, 9:00 am to 1:00 pm

Entity Structure Implications (S Corp, Partnerships, C Corps)
IRC § 471(a) and § 471(c) CARES Act Update and Tax Update

Sample Tax Returns

IRS Program number: UB57Y-T00145-20-0; 3 CEs

About the Speakers:  

Luis V. Plascencia, C.P.A. 

Member, Illinois CPA Society Cannabis Industry Forum Group and Member, Illinois CPA Society Cannabis Content Advisory Group

Chairperson, Illinois CPA Society Tax Practice and Procedures Committee and the recipient of:

2018 Illinois CPA Society Outstanding Educator

2011 – 2012 Illinois CPA Society Distinguished Service Award

Taylor Schuck,  Accounting Services Supervisor at Mueller & Co., LLP 

Chairperson,  Illinois CPA Society Cannabis Industry Forum Group and Chairperson, Illinois CPA Society Cannabis Content Advisory Group

After you register, you will be sent a confirmation.  The Zoom link will be sent to you a few days before the first session.  Materials in an electronic format will emails to you shortly before the webinar as well.

Concellation policy:  No refunds will be givien for the program registration unless the webinar is cancelled,  rescheduled or the materials have been sent to you.  Registrantion  may be transferred to another person up to the day before the webinars.