4 Twenty Tax & Accounting

Cannabis Entrepreneurs: Are You Tracking Your Cash Flow? 💸 Cash flow is king, especially in the cannabis industry! From supplier payments to payroll, if you don’t know what’s coming in and going out, you could be in big trouble. 📉 🔑 Pro Tip: Set up regular cash flow forecasting to ensure you’re always in control. Need help? We’ve got your back. Drop us a message to schedule a free cash flow review! 📊 #CashFlowManagement #CannabisBusiness #StayProfitable #GreenIsTheGoal #4TwentyAccounting

🚨 Cannabis Business Owners – Are You Ready for an IRS Audit? Cannabis businesses are at a higher risk of audits. Without accurate bookkeeping and reporting, you're leaving yourself exposed to penalties! ⚠️ ❌ Don’t let cash transactions and poor record-keeping cause issues down the road. We can help you stay audit-proof. Reach out for tips to keep your business clean and your profits green! 🌱💼 #CannabisAccounting #AuditProof #IRS #Cannabiz #4TwentyTaxTips

🌿 Struggling with cannabis industry taxes? 😩 The infamous 280E tax rule can take a huge chunk of your profits. Unlike other industries, cannabis businesses can’t deduct most of their operating expenses. Don’t let taxes kill your vibe! 💸 Learn how you can minimize your tax burden and maximize profits with the right accounting strategy. 👉 Want tips? DM us for a free consultation! #CannabisBusiness #280E #TaxTips #StayCompliant #BusinessGrowth #4TwentyAccounting

Cannabis business owners face a lot of challenges. Regulation, a punitive tax code, increasing costs and dropping prices. Running a business is hard enough, but when it comes to the cannabis industry, these obstacles can hinder profitability. Want to boost your cannabis business profits? In this video, we'll share 3 tips to increase your revenue and grow your cannabis business. #cannabisbusiness #cannabisdispensary #cannacommunity #cannabistaxes #entrepreneur #Cannabiz

Congratulations to operators in Ohio! The Ohio Division of Cannabis Control announced 98 dispensaries are approved to begin adult-use cannabis sales. #cannabisdispensary #ohiocannabis #legaldispensary

As a cannabis business owner, you're probably all too familiar with high taxes and the punitive U.S. tax code. Recent federal legislation proposed to reclassify cannabis from Schedule I to Schedule III. Unfortunately, the proposal has not been signed into law. And the IRS has recently reminded cannabis businesses that 280E still applies. Higher taxes impacts your bottom line and your ability to build a profitable cannabis business. So, what exactly is 280E and how does it impact cannabis business owners? Let's discuss. Watch below. #cannabiz #cannabisbusiness #cannabistaxes #declassify

Top 5 Questions You Need to Answer Hey future cannabis mogul! 🌿 Before we blaze the trail to your cannabis empire, I need you to hit me with some answers. Let’s make sure you’re not just blowing smoke and are ready to roll up your sleeves and get serious about this business. Here we go: 1. What specific vertical(s) in the cannabis industry are you interested in (e.g., cultivation, processing, dispensing, etc.)? Are you looking to be the mad scientist growing the dankest buds, the wizard turning them into magical products, or the friendly neighborhood dispensary making sure everyone gets their green? 🌱🌿💚 2. Do you have the necessary capital or a plan to secure funding to cover the initial and ongoing costs? Got the green to make the green? 💵 Or do you have a rock-solid plan to charm some investors or hit up your rich uncle who always smells like patchouli? 🌿 3. Have you researched the legal requirements and compliance regulations specific to Kentucky's cannabis industry? Have you done your homework on the rules of the land? 📚 Kentucky ain't the Wild West, and we need to play by their book if we want to keep our business high and legal. 🚀 4. What relevant expertise or experience do you or your team have in the cannabis industry or related fields? What’s your background in the world of weed? 🌿 Whether you've been growing plants since Woodstock or managing a retail shop, let’s see if you've got the chops to make this happen. 🌟 5. Are you prepared to commit the time and resources required to navigate the licensing process and establish your business? Ready to ride this rollercoaster, from the grind of paperwork to the glory of a grand opening? 🎢 It’s a trip, but with the right mindset, you can absolutely nail it. 💪 Next Steps: Once you’ve gathered your thoughts and answered these questions, we’ll schedule your consultation and sort out the $250 upfront payment. This is your ticket to a comprehensive guide on how to make your cannabis dreams come true. Let’s get this show on the road! 🚀💚

💸 High Initial Capital Requirements Got You Down? 🌿 Don’t Worry, We’ve Got a High-Flying Solution! 🚀 🌟 Did you know? The application fee for a Tier III cultivator is $20,000, and you need to show $500,000 in capital. For dispensaries, it’s a $5,000 fee with $150,000 in capital. 💰😱 🔥 Creative Solution: Crowdfunding and Investment Groups! 🎉 👉 Organize a local crowdfunding campaign and gather community support and investment! 👫👭👬 👉 Partner with local businesses to form investment groups. 🤝 Multiple small investors = BIG start-up capital! 💸🌿 👉 Highlight the community benefits of local cannabis businesses to attract supporters. 🌟 Don’t let those high fees be a buzzkill! Get your community involved and reach for the stars! 🌠 📞 Schedule a low-cost consultation at 833-495-9995 or visit us at 4twentytax.com! Let’s make your green dreams come true! 🌿💚 #CannabisBusiness #Kentucky2025 #Crowdfunding #CommunitySupport #4TwentyTax