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Self-Study CPE
NON-FILERS: A DIFFERENT TYPE OF CIENTELE
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ADVISING A FAMILY AFTER THE DEATH OF A LOVED ONE: TAX & FINANCIAL CONSIDERATIONS
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TAXATION OF US EXPATRIATES: TAX YEAR 2019
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INTERNATIONAL TAX TREATIES
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THE MATHEMATICS OF SECURE: WHERE THE TAX LAW AND ECONOMICS COLLIDE
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CARES ACT ENFORCEMENT: WHAT CAN WE EXPECT FROM THE IRS?
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TAXPAYER PENALTIES, PROMOTER PENALTIES AND FRAUD REFERRALS
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PUERTO RICO TAX INCENTIVES: HOW TO GET YOUR CLIENTS TO THE 4% TAX BRACKET
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UPDATES FROM IRS CHIEF COUNSEL AND INDEPENDENT OFFICE OF APPEALS
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UPDATES FROM HEAD OF IRS COLLECTION AND THE TAXPAYER ADVOCATE
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Free cpece webinars
Cannabis: Organizational Forms for Growers and Dispensaries

CANNABIS: ORGANIZATIONAL FORMS FOR GROWERS AND DISPENSARIES

Available Date(s)
Wednesday, May 19, 2021: 11:00AM EDT
Wednesday, June 16, 2021: 11:00AM EDT
Wednesday, July 21, 2021: 11:00AM EDT
Wednesday, August 18, 2021: 11:00AM EDT
Wednesday, September 15, 2021: 11:00AM EDT
Wednesday, October 20, 2021: 11:00AM EDT
Wednesday, November 17, 2021: 11:00AM EST

Cost Free
CPE Credits 1.0 hour
Subject Area 1.0 - Taxes (Federal Tax)
CE Credits 1.0 hour
Course Id# - HURS9-T-00487-19-O
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

With the number of states that have recently approved initiatives for legalized recreational use of marijuana and the laws passed in other states permitting the medical/medicinal use of marijuana, producers, and retailers of marijuana are growing quickly. Accounting professionals and CPAs serving marijuana businesses are tasked with navigating the often ambiguous and sometimes contrarian state and federal legal information that affects this growing niche. In light of the ease of forming a corporation or limited liability company (“LLC”) in Colorado, most cannabis entrepreneurs elect to conduct their businesses via a corporation or LLC. Another option is to form a partnership. In practice, relatively few cannabis businesses are organized as partnerships due to the potential for a general partner’s enhanced liability. Additional considerations for clients, who are encouraged to work closely with attorneys and accountants when incorporating, include the importance of following corporate formalities, organizational document drafting (and potential pitfalls), raising capital, avoidance of undisclosed ownership interests, consequences of violations, IRS Code Section 280E, and income tax deductions.

Learning Objectives:


  • Recall recently approved initiatives and state and legal information regarding the legalized recreational use of marijuana

  • Identify the use of an LLC versus a partnership to conduct a marijuana business

  • Recognize additional considerations for clients incorporating a marijuana business

Linkedin

Garrett Graff

Hoban Law Group, LLC
Associate
garrett@hoban.law
(303) 674-7000 x305

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Garrett Graff is an Associate at Hoban Law Group, where he practices corporate and transactional law, real estate law, regulatory/compliance law, and civil and commercial litigation. Though born and raised in Lakewood, Colorado, Garrett graduated from the Thomas R. Kline School of Law at Drexel University in Philadelphia, Pennsylvania, earning his J.D. cum laude in May 2014, and graduating from the law school’s Business and Entrepreneurial Law concentration with honors. Garrett received a B.S. in Business Administration and an International Business certificate from the University of Colorado-Boulder’s Leeds School of Business in May 2011. Before graduating from law school, Garrett gained valuable experience as a law clerk with Hoban Law Group and practicing insurance defense in Philadelphia and as a judicial law clerk for the Honorable David L. Shakes in the Fourth Judicial District in Colorado Springs, Colorado. Garrett also has extensive experience in real estate and property issues, given several years working with a real estate brokerage and property management firm. During law school, Garrett served as an Associate Editor of the Drexel Law Review, was selected to compete with Drexel’s Transactional Lawyering Team in a national transactional lawyering and negotiation competition in February 2013, and served in leadership capacities in multiple student organizations.

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  • CPE is available to all eligible participants within 24 hours of each webinar.
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About Our Presenter

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The Hoban Law Group (HLG), takes their role as service providers, the high-quality work for clients and our role in advancing the global cannabis industry, extremely seriously. HLG is a full-service commercial cannabis industry law firm serving both the regulated marijuana industry and the industrial hemp industry. They are recognized across the country and around the world for their ability to provide solutions to highly complex and routine issues faced by cannabusinesses and supply chain operations.

The HLG family of attorneys are industry pioneers responsible for developing legal strategies and advancing litigation in critical areas that have contributed to the growth of this nascent industry. This is a global industry and HLG embodies international professionalism. Their team of experts are fluent in numerous languages, including Portuguese, Spanish, Polish, Dutch, and German.