Editor’s note: This editorial was contributed by Faith Bygd, advisor for Breakaway Bookkeeping & Advising. Being a legal cannabis company, you are likely familiar with the IRS Tax Code 280E. This tax code sets forth financial hurdles directly related to the amount of tax liability you owe the government at the end of the year. […]
Faith Bygd is an Advisor at Breakaway Bookkeeping + Advising with more than a decade of experience assisting entrepreneurs and business owners, specializing in the cannabis industry. Faith considers herself a cultivator of financial clarity and in her current role as a Breakaway Advisor, she helps to bring financial equilibrium to her clients, who often have too much on their plates.