David Gravel

All Topics

Webinar Recap: Tax Planning for Cannabis Operators

Webinar Recap: Tax Planning for Cannabis Operators

In this article: Navigating the cannabis industry’s complex tax landscape may feel overwhelming, especially given ongoing challenges like Section 280E and potential rescheduling. However, with the right strategies, you can reduce your tax burden, optimize cash flow, and position your brand for growth. AAFCPAs’ 2024 Cannabis Tax Update Webinar, speakers provided valuable insights on overcoming […]

Secure Your 2024 Tax Savings – Watch Our Cannabis Tax Webinar

Secure Your 2024 Tax Savings – Watch Our Cannabis Tax Webinar

Webinar: Tax Planning for Cannabis Operators  AAFCPAs invites you to watch our 2024 Tax Planning for Cannabis Operators webinar. This session is designed to help cannabis business owners navigate the complexities of 280E and maximize tax efficiency.  Details: Explore tax considerations unique to the cannabis industry, including the ‘taxing’ 280E, with guidance on navigating regulations […]

Year-End Tax Webinars: Optimize Your 2024 Tax Strategy  

Year-End Tax Webinars: Optimize Your 2024 Tax Strategy  

Watch OnDemand: 2024 Year-End Tax Webinars Reviewing your tax strategies before the end of the calendar year is essential to uncover potential tax savings, ensure compliance, and optimize your financial decisions, which is why AAFCPAs annually hosts a series of complimentary webinars to help clients stay informed and prepared. Whether you are a business owner, […]

AAFCPAs To Present at Illinois Cannabis Convention

AAFCPAs To Present at Illinois Cannabis Convention

AAFCPAs is pleased to announce that Joshua England, LLM, Esq. and David Gravel, CPA, MPAc have been invited to present on “Cannabis Rescheduling: History, Regulatory Hurdles, and Operator Impact Expectations” at NECANN’s Illinois Cannabis Convention & Expo, May 31 – June 1, 2024 in Chicago. This session will delve into cannabis rescheduling, its historical context, […]

TerrAscend Corp. Joins Other Operators Changing 280E Tax Position 
Featured Image for 280E Tax Position

TerrAscend Corp. Joins Other Operators Changing 280E Tax Position 

AAFCPAs would like to make cannabis clients aware that TerrAscend Corp., in its fourth-quarter earnings call, announced it would no longer be making tax payments under Section 280E of the Internal Revenue Code. The company’s Chief Financial Officer noted its legal basis in doing so comes from a legal interpretation based on a similar position […]

Watch Now: Cannabis Tax Webinar 11/7

Watch Now: Cannabis Tax Webinar 11/7

As we approach the conclusion of 2023, the Cannabis Practice at AAFCPAs extends a warm invitation to our esteemed clients and friends to proactively evaluate their comprehensive financial status in anticipation of strategic year-end tax planning. Please remember, implementing the majority of tax-saving strategies necessitates action on or before December 31. At AAFCPAs, we stand […]

AAFCPAs Featured at VT Cannabis Convention

AAFCPAs Featured at VT Cannabis Convention

AAFCPAs Cannabis Practice Leaders have been invited to speak at The Vermont Cannabis and Hemp Convention hosted by the New England Cannabis Convention (NECANN) on Saturday, May 6, 2023 at the Champlain Valley Expo in Burlington, Vermont. WHAT NEW OPERATORS NEED TO KNOW THAT THOSE IN MATURE MARKETS HAD TO FIGURE OUT THE HARD WAY! […]

Cap Table Maintenance Streamlines Tax Compliance

Cap Table Maintenance Streamlines Tax Compliance

AAFCPAs advises clients to maintain their capitalization (cap) table throughout the year to avoid frustration, delays, and a compressed tax filing deadline. Accurate and up-to-date information: By maintaining the capitalization table throughout the year, businesses can ensure that the information is accurate and up-to-date, reflecting any changes in ownership, equity investments, and other capital transactions […]

AAFCPAs Announces New Director Promotions

AAFCPAs Announces New Director Promotions

AAFCPAs, a best-in-class CPA and consulting firm known for tax, assurance, accounting, wealth management, business process, and IT advisory solutions, today announced employee promotions to Director: Aaron Diamond, CPA Promoted to Director, Assurance Aaron has been promoted to Director in AAFCPAs’ Assurance practice. He has extensive experience leading high-energy assurance teams, and in providing advice […]