Ethics, Tax Practice & The Cannabis Industry
Total Credits: 2 including 2 Regulatory Ethics - Technical
- Average Rating:
- Not yet rated
- Categories:
- ACPEN Industry Institute | Ethics
- Faculty:
- Mary Jane Hourani, MM, EA
- Course Levels:
- Intermediate
- Duration:
- 2 Hours
- License:
- Expires 30 day(s) after program date.
Description
This course provides an in-depth discussion of the ethical considerations and compliance requirements when working with taxpayers in the cannabis industry. Attendees will review the implications of Circular 230, preparer due diligence, and the specific challenges posed by conflicting federal and state laws. Federal case law, standards set by Boards of Accountancy, and guidance from the IRS Office of Professional Responsibility will also be covered to help practitioners navigate this complex area with confidence.
Basic Course Information
Learning Objectives- Evaluate ethical dilemmas related to providing tax assistance in the cannabis industry.
- Analyze relevant Tax Court cases and their impact on tax practice.
- Apply Circular 230 standards to scenarios involving cannabis-related businesses.
- Implement preparer due diligence practices tailored to cannabis clients.
- Discuss the interplay between federal regulations and state cannabis laws.
- Examine Board of Accountancy standards related to cannabis-related tax practice.
- Interpret guidance from the IRS Office of Professional Responsibility.
- Develop strategies to maintain compliance while minimizing risks in cannabis-related tax practice.
Major Subjects
- Ethical challenges in the cannabis industry
- Circular 230 and its application
- Federal case law and cannabis-related tax disputes
- Preparer due diligence in cannabis tax scenarios
- State vs. federal legal conflicts in tax reporting
- IRS Office of Professional Responsibility guidance
- Board of Accountancy standards and enforcement
- Risk management for cannabis-related tax clients
Course Materials
| Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) | Available after Purchase | ||
Faculty
Mary Jane Hourani, MM, EA Related Seminars and Products
Mary Jane has been practicing since 1993, working for a couple larger Tax, Accounting, & Audit Firms in before transitioning to her own practice in 2005.
Mary Jane has a Master of Management from Walsh College of Accountancy and Business Administration as well as a Bachelor of Science from Eastern Michigan University in Public Administration with a focus in Organizational Development and Governmental Accounting.
She is credentialed as an Internal Revenue Service Enrolled Agent, allowing her to practice before the IRS. With this credential, she has direct oversite by the IRS Office of Professional Responsibility. She is also a National Association of Enrolled Agents NTPI Fellow.
Mary Jane has been an Instructor of Tax for Michigan State University Tax School since 2008 as well as a speaker for several trade organizations since 2005.
Mary Jane has been a Contributing Editor and Contributing Author of the National Tax Workbook for the Land Grand University Tax Education Foundation since 2009. She writes and compiles tax course packs used by Michigan State University Tax School and other trade organizations. She is a former H&R Block Instructor/Trainer.
Mary Jane is a member of the National Association of Enrolled Agents, Michigan Association of Certified Public Accountants, National Association of Tax Professionals, American Institute of Professional Bookkeepers, and is a QuickBooks ProAdvisor.
Dates
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Tue, Jun 03, 2025 - 01:00pm to 03:00pm CDT
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Tue, Jun 24, 2025 - 11:00am to 01:00pm CDT
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Wed, Jul 16, 2025 - 09:00am to 11:00am CDT
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Tue, Aug 05, 2025 - 01:00pm to 03:00pm CDT
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Tue, Aug 26, 2025 - 11:00am to 01:00pm CDT
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Wed, Sep 17, 2025 - 09:00am to 11:00am CDT
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Fri, Oct 03, 2025 - 01:00pm to 03:00pm CDT
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Fri, Oct 24, 2025 - 11:00am to 01:00pm CDT
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Wed, Nov 19, 2025 - 09:00am to 11:00am CST
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Wed, Dec 03, 2025 - 01:00pm to 03:00pm CST
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Wed, Dec 24, 2025 - 11:00am to 01:00pm CST
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Wed, Jan 21, 2026 - 09:00am to 11:00am CST
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Tue, Feb 03, 2026 - 01:00pm to 03:00pm CST
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Tue, Feb 24, 2026 - 11:00am to 01:00pm CST
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Wed, Mar 18, 2026 - 09:00am to 11:00am CDT
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Fri, Apr 03, 2026 - 01:00pm to 03:00pm CDT
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Fri, Apr 24, 2026 - 11:00am to 01:00pm CDT
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Wed, May 20, 2026 - 09:00am to 11:00am CDT
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Additional Info
Basic Course Information
Prerequisites NoneAdvanced Preparation None
Designed For CPAs, EAs, tax professionals working with cannabis-related businesses or considering entering this niche
industry
Original Recording Date 06/01/25
Course Developer Werner-Rocca Seminars
Date Added to Catalog 05/01/25
Yellow Book
No
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.