The best in the Canna-Business!
NewEra is the nation’s leading accounting firm helping hundreds of growers, dispensaries, and ancillary companies with their tax and business strategies from Washington to California.
Searching for that missing piece?
Reach your business goals with confidence in your financial management. You'll be performing at the top of industry standards.
Ready to grow your canna-business?
From Washington to California, our accounting firm is leading the industry in tax and business strategies for hundreds of growers, dispensaries and ancillary companies.
We're headed to Humboldt!
As of December 2016 we will officially have staff in Humboldt County to assist you with your cannabusiness needs. We love our hill people, so we are very excited for this new expansion.
Welcome to a New Era
Proudly serving the industry since 2009, we are one of the nation’s leading cannabis accounting firms helping hundreds of growers, dispensaries, and ancillary companies with their tax and business strategies all along the West Coast and beyond.
1. 280E & CANNABIS ACCOUNTING
New Era CPAs offers professional cannabis accounting for both canna-business and individuals. This includes tax returns, 280E analysis and strategy, tax representation and audit support.
2. OUR PEOPLE & PARTNERSHIPS
We’ve partnered with some of the leading industry players to help you manage your payroll, track and record inventory and sales, and monitor your local and state compliance.
3. CANNABIS CONSULTING
We help our clients with all aspects of their business from choosing the right entity formation and budgeting and forecasting to ROI analysis and monitoring key performance indicators.
Let us do the heavy lifting.
Our Business Start-Up assistance will give you everything you need to start and grow a successful canna-business. From understanding the local, state, and federal licensing, registration, and reporting requirements to setting up a monthly reporting checklist, we will help you avoid the common pitfalls that many new small business owners make when starting their new venture. With this in mind, we can assist with the following:
- IRC 280E Analysis
- Initial Setup for Reporting Compliance
- Framework for QuickBooks and POS System
- Revenue strategies to reduce IRC 280E impact (see next tab)
Our Business Start-Up assistance is affordable and can be customized to your particular needs as a business owner. Contact Us and let us take all the hassle and complexity out of starting your new business today!
If you still aren’t sure about the vast and valuable services we provide, then maybe our legal team can be the one to sway you. We can help you decide what business structure best suits you, as well as provide assistance with the formation of entities and corps, to their dissolution, and everything in between.
If you’re operating a legal canna-business (producer, processor, wholesaler, retailer) you are likely to face 280E. 280E is a tax nightmare that has put an unnecessary and costly burden on anyone involved directly with cannabis. Depending on your role in the industry, your 280E exposure can vary, with retailers being hit the hardest by 280E.
We offer 280E Strategy and Planning. Work with one of our professionals to determine your 280E tax exposure before the year end, as it’s an important step to budgeting, tax planning and setting up your canna-business operations in the most cost-effective manner.
Whether your company needs monthly bookkeeping or a CFO type role, our accounting team of licensed professionals is here to help your business. Using us as your in-house accountant is cheaper than a full-time employee and more strategic for your business enterprise.
We are your go-to accounting provider; from booking services, financial reporting, internal controls development and internal audits to tax preparation and agreed upon procedures. Contact Us today and find out how our cannabis accounting service can help your business grow.
How do you grow and manage your best customers while lowering your costs? We make it our duty to obtain up-to-date and accurate information in order to be as insightful as possible for your business. Our skilled consultants can provide guidance in each of the following areas:
- Developing Key Performance Indicator (KPI) dashboards to help monitor your daily operational performance
- Developing an internal control framework
- Modifying and Developing Systems, Policies and Procedures
- Business Process Improvement
- Budgeting and Forecasting
- Training and Educating Staff on business operations and accounting
- Participating in Acquisition Planning and Perform Due Diligence
- And more
Contact Us and let us show you how we can improve your business starting day one.
Our licensed CPAs in California and Oregon have been filing tax returns for cannabis clients since 2009. Whether it’s filing excise, sales taxes monthly or state and federal income taxes annually we know the “ins and outs” of the industry.
Contact us today to find out how we can help you plan for future tax liabilities or review returns filed by previous accountants.