Legislation

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 Marijuana and Accounting Revisited

November 25, 2014 

Marijuana and Accounting Revisited

Two years ago, in the wake of the election ballots legalizing recreational use of marijuana, I wrote a small blog post noting that as a new and rapidly-growing industry, there might be an opportunity for a new accounting practice area.

Dave McClure

Medical_Marijuana_Tax_28251526_1_.54638ff8305c6

November 12, 2014 

Legal Marijuana, Taxes and Accounting

It seems too early to make any sweeping financial generalizations based on such a short history. Nor am I interested in gauging the social impacts of marijuana legalization, which is both emotionally charged and unlikely to be resolved soon.

Dave McClure

 Colorado Pot Tax Revenue Less than Expected

August 13, 2014 

Colorado Pot Tax Revenue Less than Expected

Colorado's lower taxes on medicinal marijuana are hindering projected tax revenue from recreational pot sales, according to a recent study released by the state's Department of Revenue.

healthcare

August 6, 2014 

Insurance Rebates On Way to Many Consumers and Businesses

California is just one of many states where health insurers owe refunds to thousands of consumers and businesses under requirements of the federal healthcare law. For California alone, the total refunds equal about $11.9 million.