Marijuana Sales and the Monster Hiding in the Tax Code –How To Minimize the Damage of Section 280E
Marijuana is currently legal in some form in 30 States, Washington DC, Guam and Puerto Rico. It is quickly becoming a major economic driver in many states as reflected in Colorado. Through September, the Cannabis industry in Colorado alone has surpassed the...
Will Taxes Mean the End of Marijuana Reform?
Last November, Maine voters approved the legalization of recreational marijuana. Since then, entrepreneurs in the industry have begun gearing up now for what will become a real growing frenzy. Warehouse space is being gobbled up by speculators looking to participate...
Business Owners: On Your Mark, Get Set, Go!
The start of the New Year marks the beginning of the IRS informational reporting season that will keep most business owner’s heads spinning. None are overbearing or difficult unless, of course, you don’t get them right the first time. Failure to correctly file W-2...
Cyber Security Threats. Are you a victim?
You may (or may not) have heard about cyber threats in the news, especially those targeting tax professionals. We want to reassure you that all of us at One River CPAs have been taking every precaution to protect your personal tax information. Your trust and the...
Maine Educational Opportunity Tax Credit. Are you receiving it?
The Maine Educational Opportunity Tax Credit seemingly, silently began in 2008. I say silently because many people still don’t know about it. The program provides a Maine income tax credit for Maine residents who received an associate’s or bachelor’s degree from an...
Exceptional Customer Service: Everyone Wins
"Customer Service is not a department, it’s everyone’s job." – Anonymous Customer service is a smile, a genuine warm welcome, a patient, listening ear for what is being said, and always remember the old adage of "Kindness Matters"; it really does matter. Recognizing...