THE MOXY COHORT
Professional Education for Cannabis Accounting
Learn from our years of experience in the cannabis industry, in live small group environments designed to foster critical thinking, problem-solving and interactive learning. The Moxy Cohort gives you the tools you need to confidently serve the cannabis industry.
Our seven week course will teach you how to:
As CPAs, accountants and tax preparers, what is our professional risk for working in cannabis? Identify steps to Cover Your Accountant Position and learn about the challenges this industry poses.
Create a Unique Initial Consultation
Examine why initial consultations are important and how Moxy’s consultation is different from the current industry standard. Learn how to prepare and execute an effective consultation that will bring value to your firm and to the potential client.
Perfect Bookkeeping & Documentation
Documentation is the building blocks of a defensible and deductible COGS position. Learn how documentation for cannabis may differ from a traditional business with regards to banking, payroll, bill pay and cash management and see the risks and rewards of preparing books for cannabis businesses.
Learn exactly what COGS is and why its so important for cannabis businesses. See how they affect farms, manufacturers and dispensaries and learn how 471c has changed COGS for cannabis. Identify your “bright line” for what you will put into COGS and how you will apply 280E.
Prepare 280E Tax Returns
Understand how 280E and COGS creates/effects the tax position and learn how to use the different 280E calculations to prepare a return.
This is the most comprehensive CPE course you will find for cannabis accounting. Leave with everything you need to add cannabis tax to your practice.
WHO SHOULD ATTEND?
Accountants and Tax Professionals who want to add cannabis clients to their practice or would like to understand the risks and rewards of working with this federally illegal industry.
Course Level: Intermediate
Prerequisites: Basic knowledge of bookkeeping and/or business income tax preparation
Advanced preparation: Enrolled Agent (EA) or Certified Public Accountant (CPA) License
Subject Area: Specialized Knowledge
WHAT YOU GET
Up to 12 credits of Continuing Professional Educational for those who need to meet their annual license requirements.
14 plus hours of instruction with Katye and The Moxy Accountant Team
A private discussion board to connect and exchange ideas with your fellow cohort.
In depth issue spotting and client story problems from real examples.
Hours of content, course materials and handouts.
A bonus Office Hours with a chance to hear from subject matter experts like attorneys and cannabis business people.
Step by step instructions for how to prepare a 280E tax return.
Ongoing access to course materials, new content and continued communication with your cohort colleagues well after the cohort has ended.
Perks and bonuses for cohort alumni such as laser coaching and course discounts.
The Next Cohort
Moxy Accounting, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. Boards of Accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.