Tax Services

Individual Tax Preparation & Planning

If your business is a pass-through, 280E does not stop at the entity.

If your cannabis business is a pass-through, 280E does not stop at the entity. Disallowed deductions flow through to your personal return as taxable income you never actually received in cash.

We prepare owner returns with that reality built in.

What's Included

✓Individual returns — federal and state preparation

✓Pass-through planning — including 280E effects at the owner level

✓Basis tracking — and distribution planning

✓Multi-state filing — for owners with interests across jurisdictions

✓Estimated payments — planned so April is not a surprise

✓Entity coordination — so business and personal strategy align

Why This Differs In Cannabis

A pass-through owner can face a personal tax liability substantially larger than the cash the business distributed, because the taxable income figure includes expenses the business genuinely paid but cannot deduct. Owners who do not plan for this discover it in April, and the gap can be severe.

Tax on income you never received in cash. Plan for it early.

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

Do you handle both my business and personal return?

Yes, and coordinating them is where the value is.

I am an owner but not the operator. Can you help?

Yes.

What if I have interests in multiple cannabis entities?

Common, and handled.

📅 Book a Free Call 📞 1(844)-IRS-280E