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How Do I Forecast with Tax Code 280E?

CFO Share

Your strategic business forecasting must include proper considerations for section 280E – this is essential to planning cash flow and avoiding catastrophic tax bills at year-end. Whether you are growing, extracting, or retailing; none of the following expenses are ever permitted to be tax deductible: Marketing and advertising expense.

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Reporting unearned revenue: what you need to know

Cube Software

This could be retail stores offering layaway plans or a media company offering subscriptions to streaming services. If you pay for an annual subscription to a web-hosting plan, you’re only using the service a month at a time. It is important to accurately track and report unearned revenue, so you can properly manage profit margins.

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7 Essentials Of Nonprofit Financial Management

The Charity CFO

When creating your fiscal policy, ensure that it complies with the Generally Accepted Accounting Principles (GAAP). A nonprofit budget is a planning document that helps predict expenses, allocate resources, and monitor ongoing operations throughout the year. Make board members accountable. A Nonprofit Budget.

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How Compliance Rules Vary For State- Vs SEC-Registered RIAs

CFO News Room

But by being aware of the varying requirements and filing documents in an accurate and timely manner, new firms can navigate their way through the registration process and (finally) begin offering planning services to clients! Author: Chris Stanley. Guest Contributor. Some states (e.g.,