THE MINDFULNESS EXPERIENCE PODCAST – IRS, 280E & PSYCHEDELICS Ideas

November 3, 2023

In this episode of The Mindfulness Experience Podcast, host Keith Fiveson interviews Botillier, CEO of Calyx CPA LLC, who has extensive experience working with small business owners and is a passionate advocate for the Cannabis and Psychedelic Industries. As a member of the psychedelic community, Justin is committed to assisting businesses in Oregon’s burgeoning psilocybin industry in navigating the financial implications of the 280E provision.

March 25, 2024

WHAT KIND OF ASSET CAN I WRITE OFF?

s a tax planning strategy, particularly towards the end of the year, a common question from clients is: “What can I buy to decrease my tax liability?” Many consider purchasing vehicles or making down payments on properties or building facilities.

March 25, 2024

HOW DOES INVENTORY INCREASE NET INCOME?

I had a client inquire about why an increase in inventory increased their net income. I explained that for most businesses purchasing products for resale,