An Illustrated Guide to Cannabis Tax Preparation
Learn how to prepare a cannabis C corporation Form 1120.....step by step. We cover every detail..follow along as we prepare a cultivators Form 1120, from start to finish!
Damon L. Mayer, ChFC, LTC, EA
Damon is an experienced tax expert who has been preparing cannabis tax returns since his home state of Oregon became legal many years ago. In addition to tax preparation, he has represented several canna clients before the IRS, the Oregon Department of Revenue, the California Tax Board and countless Oregon Employment Department audits. These audits have given him unique opportunities to work closely with auditors and provide valuable insight into how each agency handles the tax code under 280E, 471-3 and 471-11.
Damon has nearly 100 cannabis clients he personally oversees, including growers, dispensaries, extractors, wholesalers, laboratories and any other kind of cannabis business you can imagine! Many of his clients take him to Colorado, Hawaii, California, Oklahoma and Michigan. Damon is excited to share his knowledge of cannabis taxation and hopes that others will benefit from his experience in this unique industry!