EXAMPLE OF KEY SERVICES

T ax Planning/Entity Formation ​: Plan for your taxes before your business is off the ground. IRC 280E, 1099 and Form 8300 expertise.
Tag and Trace: ​ We will teach your company how to accurately keep records and setup a chart of accounts to withstand and IRS audit. We can provide assistance and representation for government inquires and IRS audits and correspondence. 
Company Structure: ​ We will help you decide what the best organization is for you. Currently a C Corporation structure allows for greater deductibility of expenses for California Income taxes versus an LLC, Partnership or Subchapter S Corporation. California is currently debating AB 420 that will allow all entities to enjoy the deductibility C Corporations currently have. 
Federal and State Forms: ​ We will help you apply for all the tax IDs and forms you need, assist with preparation of Form 8300s and Form 1099s, and prepare your tax returns if requested. We have a yearly flat fee service for the small to medium cultivator to achieve these goals and avoid potential harsh penalties being levied by the IRS. 
OUR COMPANY AT A GLANCE:
At The Law Office of C. Dean Homayouni, we are dedicated to you and your diverse legal, accounting and licensing needs. Mr. Homayouni has made personal investments in the cannabis space and understands the legal and accounting issues that need to be addressed to prepare your business to become licensed by the State of California. His hands on experience can not be learned in a classroom or a lecture. It is trial by fire and he understands what you and your company are experiencing. 
OUR KEY SOLUTION BENEFITS:
  • Same Day Company Formation - normally within 1 day
  • Personal Representation and Communication
  • IRS Technical Experts
  • Yearly Fixed Fee Arrangements Available
  • Tax Planning
  • ​Licensing and Compliance Advice
  • ​Private Placement Memorandums
  • ​Three Tag and Trace Solutions 
  • ​Quickbooks Setup and IRC 280E Compliance
  • ​Lease and Contract Review and Drafting
  • ​Licensing Application Review and Drafting
BENEFITS YOU WILL ENJOY:
KNOWLEDGE BASE:
Choosing your salary level:

We know it's often hard to figure out how to determine your own salary level for your business. The IRS requires that an employee or officer of a corporation, LLC or partnership receive a fair and reasonable salary. The IRS does not do this because they are protecting your interest as an employee. The IRS wants to collect the associated employment taxes. It is important you assign yourself a regular and reasonable salary to avoid IRS audits and penalties. 

Limited company dividends:
Sometimes company dividends fall short on what you originally had dreamed they would be. And your shareholders happen to share the same sentiment. If you collect funds from investors they expect to get a return on their investment. Litigation is expensive and time consuming. We can explain you Fiduciary Duties owed to outside investors and minority shareholders to ensure you are not ensnarled in a litigation quagmire. 
  • Timely access to and experienced attorney with over 35 years of accounting expertise.​
  • ​24 x 7 Availability. 
  • ​We love technical issues; the harder they are the more we enjoy the work.
  • ​Access to C. Dean Homayouni who is currently involved with numerous California Counties and the drafting of their cannabis regulations. 
  • A free no-obligation discussion about your business requirements.
  • Mr. Homayouni has been a CPA for over 30 years and has prepared tax returns for individuals, Corporations, LLCs, Partnerships, S Corporations, Estate and Gift Tax Returns.
  • Tax planning and procedures put in place to ensure you properly calculate the cultivation tax, excise taxes, employment taxes, personal income taxes, entity income taxes and that deposits are made timely to avoid penalties and interest.
  • ​We have expertise in Proteus420, BioTracTHC and Microsoft Navision 365Cannabis to provide advice of what cultivation tracking system to install based on your budget.  
About C. Dean Homayouni, Esq., CPA
C. Dean Homayouni, Esq., CPA has 35 years of experience as a Certified Public Accountant. He began his career as a Manufacturing auditor at Arthur Andersen & Co. He subsequently held high-level accounting positions at public and private companies, including the International House of Pancakes, Computer People Inc., served as Vice President of Finance for a company that owned the El Rancho Hotel and Casino in Las Vegas and as the Director of Finance at Bowne Business Solutions. He graduated Number 9 in his law class from Loyola Law School and has participated in over $100,000,000 in public offerings as both a CPA and Attorney. The firm's wide breadth of knowledge and skills results in a reduction of outside consultants and fees. You do not have to explain or relay the same data to multiple persons and then try and get them to coordinate their efforts. From MJ site selection, to tag and trace compliance to acquiring a location we have the diverse skills required to get your company licensed and in compliance with local and the State of California Regulations.

The Firm's hands-on public and private experience, combined with Mr. Homayouni's 15 years experience as a gaming, liquor licensing and Tax Attorney in Nevada and California, brings together a unique set of skills made for the emerging licensed and California legal cannabis industry. Mr. Homayouni is a licensed CPA in California and Nevada and stays current with continuous certifications and seminars to ensure the advice provided is up-to-date on all of the newest laws, regulations, and techniques in our field. Our firm is more than talkers. 


Personal Interests 
Mr. Homayouni is an avid scuba diver and underwater videographer. He has dived the most renowned locations in the world and his film, 3D Coral Reef Aquarium, was a finalist at the prestigious Blue Ocean Film Festival. He is the founder and principal of 3D Action Video Inc. and is the author of a 10,000 page series of Flipbooks that explore the underwater world, the best places to scuba dive the wonders of nature. Check it out by clicking here

CONTACT US FOR A FREE CONSULT​
Mr. Homayouni is available seven days week, 24 x 7. The hardest step is to make the initial appointment. Pick up the phone and let's get started. 
Telephone: 916-292-9412
Fax: 702-966-3707
Email: [email protected]
ADDRESS:
6929 Sunrise Boulevard
Suite 108
Citrus Heights, California 95610
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