Dave is a leader in AAFCPAs’ cannabis practice. He provides tax and consulting solutions to multi-state operators, recreational and medical retailers, cultivators, product manufacturers, and investors.
He has extensive experience advising cannabis operators and license applicants on optimal entity structure, maximizing deductions in accordance with IRC Section 280E, and multi-year tax planning to ensure preferred tax results, with a focus on preserving cash and maximizing lender/investor value. He also provides guidance on avoiding pitfalls associated with 280E and state and local tax compliance. He helps clients understand the critical role of cost accounting in the cannabis space, and what is scrutinized by those evaluating your statements. He provides insight on documentation needed and what to expect to support an IRS or other external audit.
Dave is a member of the firm’s Cannabis and Tax Training Committees and an in-house career coach and trainer on diverse tax topics. He is an active member of the Massachusetts Society of Certified Public Accountants (NECPAs) and a Firm Ambassador dedicated to making lasting professional connections and building community. He has been serving AAFCPAs’ clients since 2012.
Education
Professional and Civic Associations
Articles by DAVID
Potential changes to IRC Section 280E may create new planning opportunities for cannabis businesses, with broader access to deductions and credits. Early preparation may help...
Question 8 asks Massachusetts voters to weigh a proposal that would eliminate the Commonwealth’s adult-use cannabis market, making it important for businesses, consumers, and industry...
As federal cannabis policy evolves, operators, investors, and advisors face critical decisions that will shape the industry's next phase of growth.
