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Cannabis Accountants Wanted!

Taxnexus makes software to automate the production of cannabis tax returns in California and Oregon today, and more states to come in the near future.

Taxnexus Is Open For Business

Taxnexus is now open for business in stealth mode, and we would love cannabis accountants around the United States and Canada to join us as we work together to get our new industry financially compliant at the transaction level.

The New Trusted Tool For Cannabis Accountants

Taxnexus is here to help every cannabis accountant in the USA and Canada get and stay compliant with the numerous tax laws being generated nearly every day.

We all know these cannabis taxes are complicated, especially in California, and the purpose of Taxnexus is to codify and automate the calculation of these taxes as much as possible.

We aim to make financial service providers like you trust Taxnexus, just like how service providers trust professional tools like Lacerte and cloud services like QuickBooks Online or Xero. Just like how these professional tools allow you to confidently deliver financial services to your clients, our goal at Taxnexus is to help automate your practice and make you be more efficient with Taxnexus Cloud and Taxnexus API.

Join The Taxnexus Army

As Taxnexus grows in 2019, individual cannabis taxpayers will come to our site looking for solutions. Join the Taxnexus Army today and help us make Taxnexus a taxpayer destination where you can market your services.

Unlike the real Army, we want our recruits to be well paid. You may include “Powered by Taxnexus” as part of your overall services package, or you can encourage customers to subscribe to Taxnexus directly. In either case, you will receive compensation in the form of wholesale pricing or via sales commissions.

Join Taxnexus today! Give us a call at +1-510-679-1900 (yes, we answer the phone) or email at info@taxnexus.net.

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Mass(achusetts) appeal of legalized recreational marijuana (and its tax dollars) enough for CT to consider similar legislation

Mass(achusetts) appeal of legalized recreational marijuana (and its tax dollars) enough for CT to consider similar legislation BY RUTH BRUNO AND BRIGITTE RUTHMAN REPUBLICAN-AMERICAN NORTHAMPTON, Mass. – The potent aroma of cannabis wafts out the front door, past two Northampton police officers posted near a line of people who had waited two hours or more to walk into the New England Treatment Access store in this college town.

Source: Mass(achusetts) appeal of legalized recreational marijuana (and its tax dollars) enough for CT to consider similar legislation

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As Illinois mulls recreational marijuana, hemp could be state’s next big cash crop

Hidden in a cornfield in western Illinois last summer, 1,200 stalks of cannabis grew tall and bushy. But these plants won’t get anyone high. They make up the first crop of hemp to be grown legally in Illinois in decades. And in the new year, the seeds from the plants will help sow the first modern widespread commercial hemp harvest.

Source: As Illinois mulls recreational marijuana, hemp could be state’s next big cash crop

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New Hampshire House Speaker Vows to Legalize Cannabis Despite Governor Sununu’s Threat

As New Hampshire Governor Chris Sununu (R) continues to obstruct marijuana reform, cannabis advocates have begun to scoff at the Granite State’s ‘Live Free or Die’ motto.  “The only thing libertarian about our state is the motto,” Greg Raymond, 30, a ski resort server in Whitefield told The Boston Globe .

Source: New Hampshire House Speaker Vows to Legalize Cannabis Despite Governor Sununu’s Threat to …

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SLO County is collecting cannabis tax, but there are no licensed businesses yet

San Luis Obispo County started collecting taxes from cannabis businesses in unincorporated areas in late 2018 — bringing in about $40,000 so far. That’s despite the fact that none of the businesses have received all of the permits and licenses needed to operate — a process that would-be business owners complained has been long and cumbersome, according to reports from the county Planning and Building Department.

Source: SLO County is collecting cannabis tax, but there are no licensed businesses yet

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One year of legal pot sales and California doesn’t have the bustling industry it expected. Here’s why.

One year of legal pot sales and California doesn’t have the bustling industry it expected. Here’s why. Los Angeles Times When Californians voted in 2016 to allow the sale of recreational marijuana, advocates of the move envisioned thousands of pot shops and cannabis farms …

Source: One year of legal pot sales and California doesn’t have the bustling industry it expected. Here’s why.

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For the legal pot industry, 2018 was a gold rush

Portland, Ore. – The last year was a 12-month champagne toast for the legal marijuana industry as the global market exploded and cannabis pushed its way further into the financial and cultural mainstream. Liberal California became the largest legal U.S. marketplace, while conservative Utah and Oklahoma embraced medical marijuana.

Source: For the legal pot industry, 2018 was a gold rush

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‘Death by a thousand cuts:’ California’s first year of legalized pot is no smooth trip

The legal marijuana market, so long a twinkle in the eye of the cannabis cognoscenti, has hit hard times in California, where high prices, red tape and competition from the black market have cast a pall over what was supposed to be a triumphant first year of recreational sales.

Source: ‘Death by a thousand cuts:’ California’s first year of legalized pot is no smooth trip