Select a Webcast

January 19, 2018
11:00AM - 1:00PM ET

$89

November 30, 2017
11:00AM - 1:00PM ET

$89

Webcast
2
Basic
Taxes
None

Course Description

Your clients with newly established cannabis businesses will need your help not only with state and local entities but also with the federal government. This course will cover a wide range of issues you will likely encounter with your clients, including IRS audits, investigations, Form 8300, COGS, Section 471 and proper inventory accounting, and IRS collection as they apply to legalized cannabis.



Instructor

Nick Richards

Nick Richards represents individuals and businesses involved in tax audits, trials, and collections throughout Colorado, California, and the Western U.S. He joins Dill Dill Carr Stonbraker & Hutchings, P.C., after six years of experience successfully representing taxpayers and eleven years of experience as an IRS trial attorney.

His diverse background as a tax controversy attorney and educator, along with his inside understanding of IRS procedures and personnel, allows him to achieve successful legal solutions tailored to his individual client’s needs. Mr. Richards is licensed to practice law in the State of California and the State of Colorado. He is also admitted in the US Tax Court, Colorado District Courts, and California District Courts. Outside of work, Mr. Richards enjoys time with his wife and two children. He also works as an Adjunct Professor of Law at the University of Denver, Graduate Tax Program. Mr. Richards also teaches continuing education programs throughout the country to attorneys, CPAs, and tax professionals.



Course Specifics

Taxes
Sep 26, 2016
None
WC18166016
None


Compliance Information

103220
IRS Provider #: 0MYXB
IRS Course ID: 0MYXB-T-01073-16-O
IRS Federal Tax Law Credits: 2
CTEC Provider #: 2071
CTEC Course ID: 2071-CE-1037
CTEC Federal Tax Law Credits: 2
Qualifies for CA Fraud: No


Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Identify ways to prepare clients running cannabis-related businesses with potential audits and investigations
  • Cite the unique issues of inventory accounting in the cannabis industry


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