Find the right cannabis tax entity structure for your company
Indiva Advisors LLP will help you find the best cannabis tax entity structure for your company and stay in compliance with state, local, and federal regulations. Our team of tax attorneys, accountants, and investment professionals has the experience you need to protect your company and make it thrive. Our services include legal entity formation, accounting, compliance, investor relations, and more.
Choose Your Corporate Structure Wisely
If you're thinking of opening a cannabis business, you'll want to be as compliant as possible with your state's regulatory requirements. Indiva Advisors offers premium cannabis tax entity services that help ensure you choose the right structure for your business and stay compliant. You can rest easy knowing your tax rates will be lower and that your risk is minimized.
One of the tough decisions you'll make when launching your business is what kind of structure it will have. But we make it easy, helping you pick the right type of entity that fits your business's risk profile, while minimizing your legal and operational risks. We are experienced working with the following types of companies:
General Partnership (GP)
Limited Partnership (LP)
Limited Liability Partnership (LLP)
Limited Liability Company (LLC)
We Can Help Limit Your Tax Liability
The Cannabis Tax Entity Structure experts at Indiva Advisors LLP will help save you money and limit your tax liability. We offer premium cannabis tax services that allow you to stay compliant while maximizing your profits. Get the best of both worlds with our custom-built solutions.
A cannabis accountant can help you minimize your tax liability under Tax Code 280E. This rule states that cannabis businesses cannot take deductions on expenses related to their business outside of inventory. This is the unfortunate result of cannabis still being listed as a Schedule I drug, meaning that your business will be treated no differently than if you were a drug dealer.
Our accounting team is fully versed in 280E, and while there's no way to get around it, there are ways to minimize its impact, starting with structuring your company in the right way.
Make Your Business More Attractive
Looking to take your business to the next level? A cannabis accountant can help you make your business more attractive to investors. By helping you track and record your sales, profits, and expenses, an accountant can help you develop a solid financial plan for your business. This starts with picking the right corporate structure.
This will help you identify potential investment partners, and it will also help you predict future sales trends. In addition, an accountant can help you prepare tax returns and other financial documents.Our team of experts understand the cannabis industry and what investors are looking for in a potential partner.
Request a meeting today to learn more about Indiva Advisors and how our cannabis tax entity structure can help your company achieve its goals.