Content Provider
Hobanlaw logo

Ea credits middle
Middle falcon microsoft
Self-Study CPE
THE FUTURE OF IRS VOLUNTARY DISCLOSURES IN A POST-OVDP WORLD
View Details/Register
INTRODUCTION TO INTUIT PROSERIES: TAX SOFTWARE DEMONSTRATION
View Details/Register
§199A FINAL REGULATIONS FINALLY DROP: CHOICES, CHOICES – WHICH WAY TO GO?
View Details/Register
§199A SMALL BUSINESS DEDUCTION OVERVIEW: STATUTORY FRAMEWORK & PLANNING STRATEGY
View Details/Register
INTRODUCTION TO PROCONNECT TAX ONLINE: LIVE DEMO
View Details/Register
TAX REFORM: OVERVIEW
View Details/Register
TAX REFORM AND PASS THROUGH ENTITIES §199A: PLANNING FOR PROFESSIONAL PRACTICE
View Details/Register
2019 TAX SEASON CHAOS: DISCLOSURE? DON'T FILE AN UNCERTAIN TAX RETURN WITHOUT IT
View Details/Register
QUALIFIED OPPORTUNITY ZONES: BRAND NEW PROPOSED REGULATIONS ROUND 2
View Details/Register
2020 ANNUAL FEDERAL TAX SEASON UPDATE
View Details/Register
Hobanfeola cannabis

CANNABIS: ORGANIZATIONAL FORMS FOR GROWERS AND DISPENSARIES

Available Date(s)
Thursday, March 12, 2020: 4:00PM EDT
Thursday, April 09, 2020: 4:00PM EDT

Cost Free
CPE Credits 1.0 hour
CE Credits 1.0 hour
Course Id# - HURS9-T-00487-19-O
Subject Area Taxes (Federal Tax)
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Course Description

With the number of states that have recently approved initiatives for legalized recreational use of marijuana, and the laws passed in other states permitting the medical/medicinal use of marijuana, producers and retailers of marijuana are quickly growing. Accounting professionals and CPAs serving marijuana businesses are tasked with navigating the often ambiguous and sometimes contrarian state and federal legal information that affect this, albeit growing, niche. In light of the ease of forming a corporation or limited liability company (“LLC”) in Colorado, most cannabis entrepreneurs elect to conduct their business via a corporation or LLC. Another option is to form a partnership. In practice relatively few cannabis businesses or organized as partnerships due to the potential for enhanced liability of a general partner. Additional considerations for clients, who are encouraged to work closely with attorneys and accountants when incorporating, include the importance of following corporate formalities, organizational document drafting (and potential pitfalls), raising capital, avoidance of undisclosed ownership interests, consequences of violations, IRS Code Section 280E and income tax deductions, etc.

Linkedin

Garrett Graff

Hoban Law Group, LLC
Associate
garrett@hoban.law
(303) 674-7000 x305

Hobanlaw logo

Garrett Graff is an Associate at Hoban Law Group, where he practices corporate and transactional law, real estate law, regulatory/compliance law and civil and commercial litigation. Though born and raised in Lakewood, Colorado, Garrett graduated from the Thomas R. Kline School of Law at Drexel University in Philadelphia, Pennsylvania, earning his J.D. cum laude in May 2014, and graduating from the law school’s Business and Entrepreneurial Law concentration with honors. Garrett received a B.S. in Business Administration, as well as an International Business certificate, from the University of Colorado-Boulder’s Leeds School of Business in May 2011. Prior to graduating law school, Garrett gained valuable experience as a law clerk with Hoban Law Group, and practicing insurance defense in Philadelphia and as a judicial law clerk for the Honorable David L. Shakes in the Fourth Judicial District in Colorado Springs, Colorado. Garrett also has extensive experience in real estate and property issues, given several years working with a real estate brokerage and property management firm. During law school, Garrett served as an Associate Editor of the Drexel Law Review, was selected to compete with Drexel’s Transactional Lawyering Team in a national transactional lawyering and negotiation competition in February 2013, and served in leadership capacities in multiple student organizations.

Additional Materials
Webinar FAQs
Frequently Asked Questions
  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • Multiple attendees: In order to receive CPE for multiple attendees, ensure that at least one person signs up for the webinar. At the completion of the webinar a proctor form is provided. Alternatively, you may also login to your account following the webinar and click on the MY ACCOUNT button where you will find a link to the proctor letter.
Handout Materials
Presentation Slides
Nasba

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State 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.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

Irs

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Hobanlaw logo
The Hoban Law Group is Colorado's original, experienced cannabis business law firm since 2008, providing expert advice to clients in the regulated, retail marijuana dispensary system and the industrial hemp industry. As a burgeoning movement has become a multi-million dollar industry, HLG has grown with it, home to a national footprint of attorneys licensed in over a dozen states across the country with the expertise to offer clients a one-stop-shop for their rapidly expanding business legal needs.