§
§280E-first
We capture inventoriable cost at the transaction, so COGS is built as the books close and disallowed expenses are defensible.
A cannabis accounting practice
We are your cannabis accountant.
420Ledger (PuffSeal LLC) is a cannabis-only accounting and tax practice for licensed dispensaries. We keep your books, do the §280E work, and file your returns from start to finish. The portal is just how we deliver it well.
§280E specializationNew Jersey focusedCannabis-only practice
4L
Run by a practicing cannabis tax preparer.
No fabricated logos, no generic claims. 420Ledger is a focused accounting and tax service for licensed New Jersey dispensaries.
A practice first. A portal second.
We are your bookkeeper and tax preparer. We keep the books, take the §280E positions, and file the returns, so you do not hand a shoebox to a generalist who has never touched cannabis.
C
Cannabis-only
METRC, dispensary POS, multi-entity, and the tax code most accountants avoid: it is the only work we do.
N
New Jersey focused
We work with New Jersey dispensaries and understand the state filing detail that affects your books.
How it works.
A simple handoff that turns messy cannabis records into monthly books, §280E workpapers, and filing-ready support.
A
Connect the source data
Bank, POS, payroll, METRC, prior returns, and current workpapers come into one monthly accounting workflow.
B
We close the books
Transactions are categorized, reconciled, reviewed, and documented with §280E treatment built into the close.
C
You get usable numbers
Monthly financials, tax workpapers, payroll support, and filing status are kept organized for your dispensary.
Questions operators ask.
Short answers before you book a consult.
No. 420Ledger is a done-for-you cannabis accounting and tax service. The portal is how we deliver the work, but we keep the books, do the §280E work, and prepare the filings.
No. 420Ledger is focused on licensed New Jersey dispensaries.
We look at your entities, volume, POS and bank setup, payroll, current books, catch-up needs, and §280E exposure.
No. We coordinate payroll records with the books so wages, taxes, owner pay, and §280E treatment are captured correctly.
Let’s talk about your dispensary’s books.
Book a consult and we’ll look at where your books and §280E stand today, then map exactly how we’d take them off your plate.