Marijuana Taxation in California
Inland Empire Chapter Meeting

Click here to view the Inland Empire Flyer!

Date/Time:

Wednesday, October 16, 2019
5:30 PM to 9:00 PM

Location:

DoubleTree Hotel Claremont
555 West Foothill Blvd
Claremont, CA 91711

Description:

On January 1, 2018 California became the ninth state in the U.S. to legalize the recreational use of marijuana. With over 40 million people living in California, this state is home to the largest legal market for marijuana in the country. The purpose of this course is to provide practitioners with a basic understanding of the unique tax implications and reporting requirements of deal “cannabis based” businesses. In this course, you will learn: • The challenges in dealing with a cash intensive businesses • What is IRC 280E? • Form 8300 reporting requirements • Learn about the sales, excise, and cultivation taxes applicable in California.

Presenter:

William Rogers, MBA, CFP, EA
William E. Rogers is the founder of ASCEND Business Advisory, a small tax and financial advisory firm in Rancho Santa Fe, CA. He is passionate in helping businesses eliminate the hassles of running their business. He earned a Bachelor’s degree in Business Management from the University of Redlands, an MBA from the University of Southern California, and an MS in Finance from Golden Gate University. He is also a Certified Financial Planner and an Enrolled Agent before the Internal Revenue Service. He has served as the Past President of the North County Chapter of the California Society of Tax Consultants, Past President of the Palomar Chapter of the California Society of Enrolled Agents, and served as a Director for the California Society of Enrolled Agents. Over the past eighteen years Mr. Rogers has developed extensive experience in advising e-commerce businesses. He counsels entrepreneurial ventures in a broad array of areas such as accounting, tax, finance, and strategic planning. Finally, he has been a featured speaker for the Learning Annex, Further Ed, the California Society of Tax Consultants, the California Society of Enrolled Agents, and has authored courses on behalf of the National Association of Enrolled Agents.

CEUs:

1 Federal Law Hour
1 California Hour
CTEC: 1000-CE-4629
IRS: 18QC1-T-01245-19-I

Knowledge Level: Basic

Cost:

$35 Members who call in by October 13, 2019
$50 Members who call in after the October 13, 2019 Deadline
$50 Non-Members and all Walk-Ins

Cancellation Policy: In the unlikely event that you made a reservation and ARE UNABLE TO ATTEND please call the reservation number again and cancel your reservation. Our chapter has to pay for all dinners ordered whether eaten or not. The deadline to cancel a reservation is Saturday, October 12, 2019, 11:59 pm. If not cancelled by that date you will be billed for the cost.

Registration:

To make a reservation call: 909.575.1066 (message phone) OR email: [email protected]. Please leave your name, PTIN and your EA, CTEC or CPA #, and menu preference when making your reservation. Pay at the event with check or cash (we are not able to accept credit cards).

Please Note: Dinner is served at 6:00 pm, should you arrive after 6:30 pm a meal may not be guaranteed for you.

Menu:

Main Menu: Baked White Fish with lemon pepper Chef’s Choice Starch Chef’s Choice Vegetables OR Large entrée size Baked Potato With the following vegetarian toppings on the side: Cheeses, Steamed Broccoli, Butter, Sour Cream and Chives

This presentation has been designed to meet the requirements of the Return Preparer Office, the California State Board of Accountancy; and the California Tax Education Council including code 31 of Federal Regulations10.6 (g). This does not constitute an endorsement by these groups. A listing of additional requirements to renew tax preparer registration may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA. 95812- 2890, or phone CTEC at (877) 850-2832, or on the Internet at www.ctec.org.