Online-Live
Cannabis Summit Replay
Friday, January 28, 2022 | 9:00 am - 12:50 pm
Course # 127140 | by MICPA
Members SAVE $75
$145.00
Member
$220.00
Non-Member
Speakers: Andrew Brisbo,Dennis Cowan,Jeffrey M. Schroder,Katherine M. Sabo,Maher M. Faik Jr.,Peggy Haw Jury
Time: 9:00 am - 12:50 pm
Total Credits: 4.0
Earn Up To: 1.0 AA, 3.0 OT credits
Level: Update
Vendor: MICPA

What you will learn

  • Know Your Tax Law: Unpacking the MRTMA
  • Marijuana Retail: The Struggle is Real(ty)
  • Cover Your Assets: Peer Review and Cannabis Clientele

Description

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:

  • Andrew Brisbo
  • Dennis Cowan
  • Jeffrey M. Schroder
  • Katherine M. Sabo
  • Maher M. Faik Jr.
  • Peggy Haw Jury
MICPA delivers the highest quality education experience. If you are not satisfied with your course, call us at 1.855.594.4273. We will make it right.