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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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Employee Benefits to Offer as a Small Nonprofit

The Charity CFO

However, small nonprofits may not have access to the same resources as for-profit businesses or large nonprofits. Familial leave policies, such as maternity and paternity leave, paid bereavement for loss of a pregnancy, and allowing new parents to step away from work and focus on their new child. Get the free guide!

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Turning On Autopilot For Fleet Payments And Data

PYMNTS

Sure, a business’ need to transport goods from point A to point B is as old as trade and commerce itself. People who are using fuel cards are getting these weekly or monthly invoice/reports that aren’t incredibly intuitive,” the executive said. They kind of just file them away.”.

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How cloud accounting made me enjoy the finance industry again

Creative CFP

There is an automatic link to XE.com , so multi-currency transactions are converted automatically to your reporting currency. When you pay the foreign supplier or receive money from a foreign client, Xero calculates the foreign exchange profit and loss and posts the journals automatically. Fixed assets are a breeze.

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Planning business scenarios for financial agility

Future CFO

The on-going COVID-19 pandemic has irrevocably disrupted the global economy at an unprecedented scale – forcing manufacturing facilities to shut down, grounding thousands of land, air and sea transportation, and compelling companies to adapt work-from-home arrangement when authorities put quarantine measures in place. Umeer Zahoor.