Founder of California Cannabis CPA, Derek Davis, was formally trained in tax accounting at PriceWaterhouseCoopers LLP and Deloitte Tax LLP and has approximately a decade of professional taxation experience. Derek first became intrigued in the Cannabis tax space in 2010 when cannabis was on the ballot for legalization in California. What he found most interesting was tax code 280E which disallowed individuals and businesses to deduct ordinary and necessary business expenses. The firm's goal is to help individuals and companies in this space identify and apply tax and business strategies to increase their cash flow while making sure they are in full compliance with all applicable rules and regulations.
Learn more about California Cannabis CPA in the video embedded above.