Are you a CPA?

Yes. I’m a CPA, licensed in New York and Texas, who is able to serve clients nationwide. With over a decade of experience with global accounting firms. Our firm serves clients across the US from offices registered in New York and Texas.

Where are you located and which states do you offer services?

Our offices are located in Texas, however, we work with business clients nationwide. We work in every state with legalized medical and/or adult-use (recreational) marijuana and psychedelic. For hemp and CBD businesses, we work nationwide.

What special training do you have to service Cannabis & Psychedelic businesses? 

As a CPA, I’m required to obtain 120 hours of CPE every three years. In addition to the cost accounting, internal control and accounting continuing professional education (“CPE”) I’ve attained in my career, I completed the DOPE CFO Accounting for Cannabis program and the National Association of Cannabis Accounting & Tax - Cannabis Certified Seed Counter certification program, and regularly attend educational, networking and industry events in addition to a number of cannabis and hemp conferences. Additionally, our network includes over 500 cannabis trained accountants, CFO’s, CPA’s, EA’s, bookkeepers and attorneys.  You can rest assured that if I don’t know the answer to a question, I know someone who does!

Do you do tax returns?

We do not prepare or file the returns themselves.  We do have trusted CPA’s and tax professionals registered with the IRS who are in our network and that we work with on a referral basis. Their high-touch service approach and commitment to quality is the same as mine. At tax time, we respond to their questions and requests, as well as provide a detailed “management level” review of their final work product to ensure everything is done correctly.

Are you a bookkeeper?

While we provide those services, we are more than bookkeepers. Our clients are required to have an employee to handle the day-to-day entries in QuickBooks (or another accounting package) and upload documents to the professional data room. We provide training on cannabis specifics and/or bookkeeping basics, as needed.

Will you work with my existing CPA?

Absolutely, under one condition: they must be on the same page regarding the application of IRC 280E. We don’t take engagements with clients who have a CPA who is overly aggressive in the application of IRC 280E. There’s just too much at risk.

Accounting is easy - Why should we hire you?  

You certainly aren’t required to hire professionals like us, but we’ve found that the risk of errors or omissions carry the potential for fines and penalties that can easily put an operation out of business. As a CPA, I do believe that overall accounting can be relatively straight forward, however, due to the highly-regulated complex nature of the cannabis industry and the myriad maze of compliance rules, laws, and regulations for businesses of any size that are very complex and getting more so by the week! With our services, we hope to provide you a peace of mind so that you can sleep comfortably at night. Our clients like that about us.

Can we meet in person? Will you be coming to the office?

If you live/work in the Fort Worth area and would like to meet in person versus having a call, we will do our best to accommodate.  Since the pandemic, we’ve found that most prospective clients are comfortable meeting virtually over Zoom, Google Meet, or via phone. Our work is done on a completely virtual basis and performed remotely. Everything is housed in your cloud so you always have access to it.

Are your services expensive?

When you consider the substantial value that a professional accounting and finance professional brings to bear, our fees are very reasonable. Our goal is to identify areas for you to make make more profits, pay only the appropriate amount of taxes, and ensure your books and records are in order and audit ready. We provide virtual controller/part-time CFO services at a fraction of the cost of an internal hire.  Our skills include not only accounting & finance but operations, administration and compliance. 

How are your services priced?

Most of our services are provided at a flat monthly fee based on deliverables, the complexity of your operations and the value we add. Other services such as financial statement audit coordination, business/cash flow modeling or financial updates are provided on a per hour basis. We’re always happy to discuss what solution(s) work best for your business.

Are you our employee or a contractor?

We are an accounting and finance firm that clients contract with to provide virtual controller/part-time CFO services. As with any other professional services firm we report to the executive team, provide deliverables, and offer advice. We consider ourselves to be part of your team, but we work independently.

After we sign on, what should we expect?

Our typical client onboarding process is simple and straight-forward. We take the guess work out of it. Learn more about our client service process here.