Corporate Tax Preparation & Planning
The return is simply where the year's planning shows up.
A cannabis return prepared by someone who does not specialize in cannabis is usually either overpaid or indefensible. Preparation and planning are not separate services here — the return is simply where the year's planning shows up.
What's Included
Why This Differs In Cannabis
On a normal return, the deduction schedule is the workhorse. On a cannabis return, most of it is disallowed, and the entire outcome turns on what was properly capitalized into inventory during the year. That means the return's quality was determined months earlier by how the books were kept — which is why we would rather be involved before December than after.
By March, the year's outcome is already fixed. Planning that arrives then is commentary.
Why MCA
We have served licensed cannabis operators since 2015 — one of the first firms in the country to build a practice around it — and we have worked with more than 100 operators across 30+ states. Cannabis is all we do, and all we have ever done.
Frequently Asked
Can you take over mid-year?
Yes, and most clients arrive that way.
Do you handle multiple states?
Yes, including apportionment for multi-state operators.
What if our prior returns were prepared wrong?
We will review them and tell you whether amending makes sense.