Taxation of Marijuana

$195.00

CLE Credits earned: 2 GEN

With the legalization of the use of both medicinal and recreational marijuana in more and more states, owners of cannabis related businesses, and those who advise them, must learn to navigate the accounting and tax implications of this new cannabis industry.

Key topics to be discussed:

•   State and Local Taxation Protocols for Recreational Marijuana Business
•   Federal Tax Issues
o  IRC §280E – Deductions of Business Expense
o  Cash Payments
o  Other Emerging Issues
•   Business Strategies to Overcome Taxation Difficulties
•   Current Tax Updates

Date / Time: January 9, 2019

•   12:00 pm – 2:00 pm Eastern
•   11:00 am – 1:00 pm Central
•   10:00 am – 12:00 pm Mountain
•   9:00 am – 11:00 am Pacific

Choose a format:

•   Live Video Broadcast/Re-Broadcast: Watch Program “live” in real-time, must sign-in and watch program on date and time set above. May ask questions during presentation via chat box. Qualifies for “live” CLE credit.
•   On-Demand Video: Access CLE 24/7 via on-demand library and watch program anytime. Qualifies for self-study CLE credit. On-demand versions are made available 7 business days after the original recording date and are view-able for up to one year.

All Access Pass: Before you buy, access this class and all other myLawCLE programs, over 120 new live classes every year, for only $69 dollars per month. Purchase the All Access Pass first. Click here for more information.

Clear

Original Broadcast Date: January 9, 2019

Jeremy Salvador, Esq. is a partner at Miod and Company, LLP where he has been specializing in forensic accounting for family law and civil litigation since 2009. Mr. Salvador regularly prepares income available for support reports, business valuations, arrearage calculations, tracings, community property balance sheets, and apportionment analyses. He has qualified and testified as an accounting expert witness in the Los Angeles County and Riverside County Superior Courts.
 
 
 

Accreditation Policy
myLawCLE seeks accreditation for all programs in all states. (Accreditation for paralegals sought thru NALA and NFPA paralegal associations.) Each attending attorney/paralegal will receive a certificate of completion following the close of the CLE program as proof of attendance. In required states, myLawCLE records attorney/paralegals attendance, in all other states attorney/paralegal is provided with the approved CLE certificate to submit to their state bar or governing association.

Automatic MCLE Approvals
All myLawCLE CLE programs are accredited automatically either directly or via reciprocity in the following states: AK, AL, AR, CA, CO, CT, FL, GA, HI, ME, MO, MS, MT, ND, NH, NM, NJ, NY, PA, PR, SD, UT, WV, WY and VT. (AZ does not approve CLE programs, but accepts our certificates for CLE credit.)

Applied MCLE Approvals
myLawCLE seeks approval via application in all other states that are not automatically approved through myLawCLE’s state accreditation. (Some states may take up to 4 weeks to send in final accreditation, however attendees will receive accreditation according to the date the class was taken—the state of VA may take up to 12 weeks.)

Accreditation on Formats: Live Video Broadcasts, “Live” Re-Broadcasts and On-Demand CLEs

Live Video Broadcasts
Live video broadcasts are new live CLE programs being streamed and recorded for the first time. All of these programs qualify for “Live” CLE credit in all states except LA and PA—these two states require in-person attendance to qualify for “Live” CLE credit.

“Live” Re-Broadcasts
“Live” Re-broadcasts are replays of previous recorded CLE programs, set on a specific date and time and where the original presenting speakers calls in live at the end of the event to answer questions. This “live” element allows for “live” Re-broadcast CLEs to qualify for “Live” CLE credits in most states. [The following states DO NOT allow for “live” CLE credits on re-broadcast CLEs: NM and LA.]

On-Demand CLEs
On-demand CLE classes are available 24/7 via the myLawCLE portal. Attendance to these classes is monitored and recorded via our login process and a certificate of completion is issued upon the close of viewing the program. These CLEs can be viewed at anytime and only qualify for self-study CLE credits.

Reciprocity
Many states allow for credit to be granted on a 1:1 reciprocal basis for courses approved in another mandatory CLE jurisdiction state. This is known as a reciprocity provision and includes the following states: AK, AR, CO, CT, FL, GA, ME, MO, MT, ND, NH, NJ, NY, PR, SD and WV. myLawCLE does not seek direct accreditation of live webinars or teleconferences in these states.

myLawCLE Credit Guarantee
Additionally, on all online CLE programs application for approval will be made in all states where attending attorneys are primarily licensed in. If a registered attorney does not receive credit from their state for any reason, a full refund will be granted.

Section I. California: Proposition 64

Section II. Regulating Government Agencies

Section III. Medical Cannabis Regulation & Safety Act (MCRSA) & Adult Use of Marijuana Act (AUMA)

Section IV. Tax Information about MCRSA & AUMA

Section V. Licensing and County Rules

Section VI. Taxes: Cultivation and Sales, Excise, Federal Income

Section VII. IRC §280E

Section VIII. IRC §471

Section IX. Cases CHAMP and Olive

Section X. Tax Strategies