Home / Map / New York
New York · Adult-use & medical

New York Cannabis Accountants

280E strategy, state tax filings, and accounting built for New York’s licensed operators — from a firm that does cannabis and nothing else.

Adult-use & medical.

New York is the biggest East Coast prize and has had the bumpiest rollout — licensing litigation, an entrenched unlicensed market, and rules that have already been rewritten once. Operators here need an accountant who tracks the changes as they happen.

Cannabis Taxes In New York

New York scrapped its original THC-potency tax and replaced it with a wholesale excise plus a substantial retail-level cannabis tax split between state and local shares. That mid-stream redesign is exactly why we describe structures rather than memorize rates — and why our New York clients get updates when Albany moves.

Tax rates and rules change frequently — we confirm current requirements before every filing.

Tracking & Compliance

New York's track-and-trace runs on BioTrack under OCM. With enforcement against unlicensed sellers ramping, licensed operators' clean records are becoming a competitive asset, not just a requirement.

What We Do For New York Operators

280E strategy & COGS maximization — the federal work that dominates every state's outcome
State & local tax filings — excise, sales, and local cannabis taxes on New York's calendar
Monthly accounting — books that reconcile to your tracking system
Payroll — with labor split between COGS and expense, documented
Audit defense — IRS and state representation when the letter arrives
Advisory — entity structure, valuation, expansion, and exit

Frequently Asked

Do you work with New York cannabis businesses remotely?

Yes — most of our New York clients work with us remotely, with on-site visits arranged where the engagement calls for it. Cannabis accounting is document- and systems-driven; geography is not a barrier.

Do you know New York's specific rules?

We serve licensed operators in 30+ states, and state-specific tax structures, tracking requirements, and filing calendars are exactly what a multi-state cannabis practice maintains. New York is one of the markets we track continuously.

The rules keep changing — how do you keep up?

Tracking regulatory change in active markets is part of the engagement. New York clients get notified when tax or reporting rules move, before the filing deadline, not after.