MCA Accounting Solutions

MCA Accounting Solutions MCA Accounting Solutions is the premier boutique accounting firm solely focused on the legal cannabi

The Cannabis Industry Is Growing and So Are the IRS Audits -
07/23/2025

The Cannabis Industry Is Growing and So Are the IRS Audits -

We all saw the headlines: the cannabis industry pulled in $30 billion last year. But while most folks were celebrating the boom, someone else took notice…

Everyone’s talking about this massive new tax bill like it’s a win for small business… but if you’re in cannabis, you al...
07/10/2025

Everyone’s talking about this massive new tax bill like it’s a win for small business… but if you’re in cannabis, you already know better.

The “Big Beautiful Bill” gave tax breaks for tips, landlords, and even big earners dodging SALT caps. But cannabis operators? Still stuck under 280E. Still paying taxes on gross income. Still can’t deduct payroll, rent, or basic expenses. And now, states like California just raised the cannabis excise tax to 19% starting this month.

So while other industries are celebrating tax relief, cannabis is getting hit from both sides.

Here’s the truth... if you’re not restructuring your entity, dialing in your cost accounting, and getting strategic NOW, you’re going to bleed way more this year than necessary. That’s what we’re helping clients navigate behind the scenes every single day—quietly, legally, and effectively.

The game is changing. Again. But the operators who win will be the ones who play smarter, not louder.

If you’ve got questions or need help getting ahead of it, let’s talk:
👉 https://mailchi.mp/mycannabisaccountant/the-new-tax-law-passed-cannabis-still-got-the-short-end

— Harry Shurek
Founder, My Cannabis Accountant

There’s still time — but not much.The 9/15 tax deadline is creeping up fast, and once investors start calling for K-1s, ...
06/26/2025

There’s still time — but not much.

The 9/15 tax deadline is creeping up fast, and once investors start calling for K-1s, the pressure hits.

If you're behind, you're not alone. But waiting longer only increases the chances of IRS problems or partner frustration.

We help cannabis operators and investors stay clean, compliant, and in control.
- https://mailchi.mp/mycannabisaccountant/tick-tick-tick-your-k-1s-wont-chase-themselves

BREAKING: California hits the brakes on its cannabis tax hike.The planned increase from 15% to 19% has been delayed five...
06/11/2025

BREAKING: California hits the brakes on its cannabis tax hike.
The planned increase from 15% to 19% has been delayed five years thanks to overwhelming pushback from operators and advocates.

Assembly voted 74–0.
Why? Because raising taxes would’ve buried even more legal businesses already fighting to survive.

The system’s starting to admit what we’ve all known: overtaxing cannabis just fuels the underground market.

AB 564 freezes the excise tax at 15% and gives legal operators room to breathe. But let’s be clear:
This isn’t a win yet.
It’s a timeout.

If you're not using this window to restructure, optimize, and protect your margins, you’re wasting the only breathing room this industry has gotten in years.

📲 Let MCA help you take full advantage.
mycannabisaccountant.com — tax planning, compliance, clarity.

The cannabis industry is being treated like a revenue ATM by state governments, and 2025 is proof.📌 California: Excise t...
06/06/2025

The cannabis industry is being treated like a revenue ATM by state governments, and 2025 is proof.

📌 California: Excise tax rising to 19%
📌 Maryland: Proposed 15% excise tax
📌 Maine: Pushing 14% to close a massive budget shortfall

And this trend isn’t slowing down.

Margins are shrinking, regulations are shifting, and operators who aren’t adjusting are going to feel the squeeze — hard.

At My Cannabis Accountant (MCA), we’re helping cannabis businesses:
- Optimize their tax position
- Rethink pricing and expense strategies
- Stay audit-ready in high-pressure markets

Let’s make sure you’re not paying more than you should be, or getting left behind.

📅 Schedule a strategy call: https://mycannabisaccountant.com/

We’ll help keep you profitable, clean, and competitive.

Is the Legal Market Pushing You Out?Let’s just say it…The way things are going, it almost feels like cannabis laws were ...
05/22/2025

Is the Legal Market Pushing You Out?

Let’s just say it…

The way things are going, it almost feels like cannabis laws were written to send people right back to the black market.

High taxes. Endless compliance. Constant rule changes.
States like Texas and South Carolina, along with many other states, are now banning THC-A, too. At the same time, places like California raise taxes so high that they’ve practically funded their own underground economy.

And while new players with deep pockets enter the space…
The legacy growers, operators, and community brands who actually built this industry?
They’re getting boxed out!!!

We talk to people every week who are:
- Burnt out from playing defense
- Getting crushed by 280E and local tax rates
- Struggling to stay legit while their margins disappear

Here’s the truth:
If you’re still here, still showing up, still building, you deserve better support.

At MCA, we’re not here to sell dreams.
We’re here to help you stay above water, make sense of the chaos, and keep more of what you earn.

That means:
- Reviewing your structure to fight back against 280E
- Planning ahead before regulators move the goalposts again
- Filing clean, audit-safe returns that don’t leave you exposed

Let’s sit down, talk through your situation, and map out a real strategy before the system pushes you to the edge.

This industry was built by people who love the plant.
It’s time the system worked for you, too!

https://mycannabisaccountant.com/

The U.S. cannabis industry brought in $30 billion in 2024!If you’re not sure how much of that ended up in your pocket… w...
05/16/2025

The U.S. cannabis industry brought in $30 billion in 2024!

If you’re not sure how much of that ended up in your pocket… we can help you figure it out and keep more of it next time.

📅 Book a call: www.mycannabisaccountant.com

Tax season might be over, but the smart moves start now.

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1400 Buford Highway/Suite H3
Buford, GA
30518

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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