Remove Auditing Remove Financial Reporting Remove Profit and Loss Remove Transportation
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How Do I Forecast with Tax Code 280E?

CFO Share

In simple terms, that means the cannabis industry taxable income is closer to its revenue rather than profit. Transportation costs. Losses under section 165 (fire, storm, theft, etc.). Depreciation and amortization reported for tax purposes in excess of that reported in financial reports.

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How cloud accounting made me enjoy the finance industry again

Creative CFP

It makes any query and audit way easier than before. There is an automatic link to XE.com , so multi-currency transactions are converted automatically to your reporting currency. I am now able to improve financial reporting and be innovative with bringing the business numbers to life so business owners can make better decisions.