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!
Visit our office located at 1001 SE Water Ave, Suite 255. Right across from Boke Bowl and Bunk sandwiches. Our building is very animal friendly, so bring your puppies too!
Visit our office located at 3417 Evanston Ave N, Seattle, WA 98103 and learn how we can help you today!
GROWING 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.
LOOKING FOR THE MISSING PIECE?
Reach your business goals with confidence in your financial management. You'll be performing at the top of industry standards.
FEELING THE GROWING PAINS?
Allow our Certified Team to handle all the bookkeeping, finance, and strategic tasks. You'll be able to focus on what really matters–your customer and product.
TAXES & PEACE OF MIND
Let us handle your 280E and tax strategy. Stop worrying about taxes and start performing at a higher level.
280E & CANNA-ACCOUNTING
New Era CPAs offers professional services for both canna-business and individuals. This includes tax returns, 280E analysis and strategy, tax representation and audit support.
Whether it’s an accounting system implementation, monthly bookkeeping, or financial reporting, we’re your canna-accounting solution. With expertise in accounting, New Era can act as your Canna-CFO.
OUR PEOPLE & PARTNERSHIPS
We have the industry’s leading CPAs, each skilled and experienced in assisting clients in navigating throughout the complex cannabis environment. We provide clients the piece of mind that comes from from knowing they are operating at a level of expertise.
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.
CANNA-CONSULTING & EDUCATION
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. We can perform agreed-upon procedures, compliance audits, and forensic accounting. We can assist your company with legal support, litigation, bankruptcy filing and much more
- Business Startup Assistance
- 280E Planning and Strategy
- Accounting Services
- Advisory Services
- Tax Services
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 we 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, Oregon and Washington 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.