Cannabis accounting, done properly.
§280E-aware books closed on accrual, multi-state filings, a quarterly tax packet you can actually read — and a real operator review, every time.
Three moves, every month.
§280E-aware books, closed by day 18.
Full accrual. Direct and indirect production costs allocated to COGS the way the IRS can defend. POS reconciled to bank in the same month.
Quarterly packet plus state decoupling.
Federal estimate, per-state return using decoupling positions where available, workpapers attached. Plain-English summary up front.
Monthly operator review.
Thirty-minute call. KPIs open. We walk the variances, flag the next tax action, and write it up in the portal so your team has it.
Every line of every return tied to source.
Schedule M-1 reconciliation, Form 1125-A cost flow, Schedule L tied to trial balance — workpapers attached, not implied.
Federal return view · workpaper-driven
What we do.
PuffSeal LLC d/b/a 420Ledger. Cannabis-only accounting platform. 27 states.