The cannabis industry is expanding with four states
adding some form of legalization in November 2020. Businesses/clients are in
more need of guidance from CPAs, particularly in Michigan, where CPA attestation is essential to meet capitalization requirements.
PROGRAM AGENDA
9:00 AM - 9:50 AM
Know Your Tax Law: Unpacking the MRTMA
As of March 2021,
the Michigan Regulation and Taxation of Marihuana Act (MRTMA) began the
implementation of Michigan’s new licensure applications. Tax professionals with
a growing interest in this space will want to ensure they understand the ins and
outs of that implementation. Plus, join this session for a breakdown of the
MRTMA Social Equity Program!
Andrew Brisbo –
Executive Director, Marijuana Regulatory Agency, State of Michigan LARA,
Lansing
10:00 AM – 10:50 AM
Cover Your Assets: Peer Review and Cannabis Clientele
(A&A credit)
Peer review is an extensive process, and when you operate in
an industry still under development the pressure to get it right can be
intimidating. Find out what CPA services within the cannabis industry are
subject to Peer Review, how to sign up for the Peer Review program and what to
expect while under review.
Andrew Brisbo – Executive
Director, Marijuana Regulatory Agency, State of Michigan LARA,
Lansing
Peggy Jury – Peer Review CPA on Staff, Michigan
Association of Certified Public Accountants, Troy
11:00 AM – 11:50 AM
IRC 280E: The Price of Doing Business (At Least Right Now)
Section 280E of the Internal Revenue Code has become a source of
frustration for the cannabis industry as it prohibits the use of standard
business deductions. Further, these everyday transactions are subject to
increased scrutiny. Don’t miss this opportunity to fill in your knowledge gaps
when it comes to 280E, it’s required forms and how to accurately account for
each expense.
Maher M. Faik, CPA – Business
Solutions Manager, Rehmann, Detroit
Katherine M. Sabo, CPA – Tax
& Advisory Senior, Rehmann, Ann Arbor
12:00 PM – 12:50 PM
Marijuana Retail: The Struggle is Real(ty)
Federal law
continues to lag behind that of the states – 36 at current count – in terms of
legalization, creating interesting areas of concern across related industries.
Real property poses a unique set of risks and is of particular interest for
businesses in the legalized cannabis space. Find out how to assist your clients
with navigating this unique maze of compliance, including considerations for
real property lessors and sellers.
Dennis G. Cowan, JD
– Partner, Plunkett Cooney, Bloomfield Hills
Jeffrey M. Schroder,
JD – Partner, Plunkett Cooney, Bloomfield Hills
PRICING DETAILS
Register early to take advantage of the
best price! Please note, discounted pricing is already reflected in the online
price. No promo code is needed.
- Through December 31: $125 MICPA Members / $200 Non-Members
- January 1 - January 14: $135 MICPA Members / $210 Non-Members
- January 15 - January 28: $145 MICPA Members / $220
Non-Members
Thank You to our Sponsors:
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If you are not satisfied with your course, call us at
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