MGO CPA | Tax, Audit, and Consulting Services

Goal: Navigate a Cannabis Audit

Tax Advocacy and Resolution

Enjoy the security of conflict resolution support

Pre-Audit Readiness

Identify potential tax risk areas, prepare for tax agency information requests, and work to resolve issues prior to a tax agency examination.

Audit Representation

We’ll be your guide at meetings with tax agencies, provide consultation on a regular basis, and deliver guidance on a resolution approach throughout the audit process.

Appeals and Offer-in-Compromise

We’ll support the preparation and filing of appeals and offer-in-compromise, and provide related guidance and consultation.

Penalty Abatement and Installment Agreements

Benefit from strategies for obtaining penalty abatements, negotiating installment agreements, and assisting with lessening the tax burden.

Post-Resolution Services

We will provide assistance with staying current on payments and agreements, and providing strategies to avoid repeat issues.

Our promise to you

Preparation is the key

Stay off the radar of tax authorities with our guidance on compliance and documentation best practices.

Peace-of-mind and cooperation

In the event of an audit, our tax professionals know exactly how to deliver what the IRS needs … without increasing your exposure. Let us manage the process so you avoid additional risk.

Optimal outcomes

Our deep experience with the IRS and other tax authorities helps us determine strategies that deliver results that protect the most important asset: your financial future.

Tax Leaders Ready To Serve You

As you grow, you face complex risks and opportunities. Benefit from hands-on guidance focused on delivering top-to-bottom value for you and your organization.

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Enterprise Business Tax

Your goal is to drive growth on a large scale. Our goal is to identify strategic opportunities, streamline complexities, and deliver tax solutions that align with your enterprise’s needs.

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State and Local Tax

With varying regulations in every market, reduce exposure and maximize your opportunities to save.

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Tax Credits and Incentives

Put your profits back where they belong: driving expansion and innovation for your organization. With experienced guidance credits and incentives can be a powerful tool for fueling your growth.

State and Local Tax

Fuel the future of your business

GROW ACROSS STATE LINES

Complying with multi-state tax regulatory and reporting requirements may feel like a time-consuming hassle, but with our guidance, you can reduce your tax burden and deduct major expenses.

Services we offer include:

  • State and local tax compliance
  • Property, sales, and use tax
  • Tax credit consulting, including R&D
  • Credits and incentives
  • Controversy support
  • Excise tax analysis
  • Cultivation tax compliance

Our promise to you

Guidance where you need us

No matter where you’re doing business in the U.S., our dedicated State and Local Tax team has offices from coast-to-coast and can provide seasoned experience for every major market.

Stay updated on the latest

As tax codes shift with every election cycle, you need to stay agile and prepared. We’ll do the hard work of monitoring new developments to manage your exposure.

Capitalize on deduction opportunities

Each tax jurisdiction has unique credits and incentives program. We’ll dig deep on your operation, and the credits you qualify for, to deliver the best value for your business.

Tax Leaders Ready To Serve You

As you grow, you face complex risks and opportunities. Benefit from hands-on guidance focused on delivering top-to-bottom value for you and your organization.

Tax Highlights of the Inflation Reduction Act

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Enterprise Business Tax

Your goal is to drive growth on a large scale. Our goal is to identify strategic opportunities, streamline complexities, and deliver tax solutions that align with your enterprise’s needs.

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R&D Tax Credits

Power innovation by reducing tax liability through state and federal R&D credits.

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Tax Credits and Incentives

Put your profits back where they belong: driving expansion and innovation for your organization. With experienced guidance credits and incentives can be a powerful tool for fueling your growth.

Internal Audit, Risk, and Compliance

Solutions built for you

Internal Audit

By improving the effectiveness of controls, risk management, and governance practices, you can attain superior operational performance and be better prepared to manage enterprise risks. We support risk assessments, audit planning, and perform audits on out-sourced, co-sourced, and consultation-based arrangements.

Enterprise Risk Management

Proactive action to identify, mitigate, and limit opportunities for risk can have a transformational effect on your operations. Our professionals utilize the COSO (Committee of Sponsoring Organizations) framework to assess the effectiveness of risk responses against operational, financial, and compliance risks; offer solutions to improve efficiency; work to align risk strategies with business goals; and ultimately design and implement enterprise risk management processes.

Vendor Contract Compliance

Business contracts are nuanced, complex, and essential to business revenue and compliance concerns. MGO offers comprehensive services to assess royalties, licensing, distribution, advertising, intellectual property, and other forms of agreements. A detailed assessment can result in steps to recover lost revenue while maintaining beneficial relationships with clients and vendors.

Anti-Money Laundering Assessment

Regulatory entities have enacted complex requirements to reduce graft and fraud, including the FINRA Rule 3310, Bank Secrecy Act (BSA), USA PATRIOT Act, Gramm-Leach-Bliley Act, and Office of Foreign Assets Control (OFAC). We offer guidance for navigating compliance requirements while also proactively reducing opportunities for fraud enterprise-wide.

Sarbanes-Oxley and System Organization Controls

Consistent Sarbanes-Oxley (SOX) 404 compliance is essential to shareholder, public, and regulatory confidence. Whether an organization is planning to institute SOX processes or optimize existing programs, MGO’s experienced consultants provide readiness assessments, sustainability assessments, and documentation and testing services that deliver effective SOX compliance activities.

Regulatory Risk

Falling out of regulatory compliance can have a major impact on market confidence, licensure, and the ability to operate. We will review all financial and operational areas at risk and work to optimize your compliance controls and processes.

Operational Assessment and Gap Analysis

Uncover inefficiencies and operational flaws with a detailed review of a specific function or assessment of your operational infrastructure. We’ll assess performance against industry/peer benchmarks and provide details of opportunities for improvement.

Organizational Contract Compliance

Review all procurement policies and organizational contracts to confirm proper third-party provider and vendor relationships.

Subrecipient Monitoring

Implement proper stewardship of sponsor funds and programming. We’ll monitor and assess all activities to guide compliance with federal statutes.

Internal Controls

To provide support for non-public companies. We’ll take a holistic view of your internal control environment to assess strength and effectiveness and measure performance against best practices and industry/peer benchmarks.

Our promise to you

Ease compliance burdens

Complex regulatory demands can undermine your growth. Let us do the hard work so you can rest easy.

Manage enterprise risk

Risk factors abound for even the most careful organizations. We’ll help focus on the details to identify small cracks before they become big problems.

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Launch growth initiatives

Protect value behind layers of controls so you can deliver the market confidence you need to elevate performance.

Consulting leaders ready to serve you

As you grow, you face complex risks and opportunities. Benefit from hands-on guidance focused on delivering top-to-bottom value for you and your organization.

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Client Accounting Solutions

Lower costs and boost performance

Outsourced Accounting Support

Whether you want to augment your team or transform the accounting function, the benefits of outsourcing include:

  • Accounts payable and receivable
  • Journal entry and ledger maintenance
  • Financial statement preparation
  • Tax planning and consultation
  • Classification, entry, and verification of transactions
  • Sales tax processing
  • Fixed asset and depreciation tracking
  • Cash balance tracking
  • Monthly reconciliation
Virtual CFO

Whether you lead and early-stage business or a mature organization in transition, our virtual/interim CFO solutions provide financial leadership at times when you need it most. The roles we help fill include:

  • Chief financial officer
  • Controller
  • Director of finance
  • Vice president of finance
IPO and Event Readiness

Seize opportunity with our highly-scalable finance and accounting solutions backed by a deep understanding of accounting standards. Specific areas where we can provide support include:

  • Preparation of filing documents, such as Form S-1
  • Implementation of new or modified accounting standards
  • Preparation of annual, interim, and pro forma financial statements
  • Income tax provision and preparation note disclosures
  • Preparation of transaction and audit analyses and support
  • Valuation services, including allocation of purchase price
  • Conversion from GAAP or IFRS
  • Transaction or audit readiness and audit liaison support

Our promise to you

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Here for you

Never miss an opportunity to grow. Our tactical approach puts support on-hand in the times and places you need it the most.

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Be resource savvy

Maintaining a robust accounting function can be expensive. Outsourcing to qualified professionals can ease stress and deliver peace-of-mind.

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Technical guidance on tap

With big transactions or deadlines in your future gaining access to technical resources can safeguard value and set you up for success.

Consulting leaders ready to serve you

As you grow, you face complex risks and opportunities. Benefit from hands-on guidance focused on delivering top-to-bottom value for you and your organization.

We were quite happy with Angel's leadership.  This was an extremely complex project, and at all points of the engagement we felt that we were important to MGO and the team.  It was a Herculean effort by the MGO team.

CEO National Nonprofit based in Los Angeles

While under an extremely tight deadline with intense time pressure, MGO’s recent audit of Amyris’ financial statements was thorough, focused, and insightful. MGO clearly has the technical expertise and resources to respond to a firm as large and complex as Amyris, Inc., and provides the personal touch and attention that is unusual.

Jonathon Wolter Interim CFO, Amyris Inc.

We can’t believe the difference in (the MGO) team’s professionalism and engagement.

Charlie Bowman CEO and President, HEXO Corp.

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Transaction Advisory

Whether you’re buying or selling, you need to capitalize on every opportunity to maximize your return. With our support you can manage risk and uncover opportunities through every stage of the deal.

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Technical Accounting

Leverage MGO’s Technical Accounting for state controllers reports, technical R&D, and more. Enhance your financial operations now.

Enterprise Business Tax

Optimize Your Enterprise Tax Strategy

In today’s evolving global marketplace, international enterprises face a complex and ever-changing tax landscape. At MGO, we understand the challenges your organization faces — from navigating shifting tax regulations to managing multistate compliance, corporate structuring, and large-scale transactions.

Our comprehensive suite of enterprise tax services is designed to help you optimize your tax position, manage risks, and streamline operations. Whether you are expanding into new markets, restructuring your organization or looking to maximize tax efficiencies, we provide the strategic guidance you need to achieve your business goals and maintain a competitive edge.

  • Corporate Tax Compliance and Planning: Stay ahead of evolving corporate tax regulations with forward-thinking strategies that maximize efficiency and keep you compliant across global jurisdictions. 
  • International Tax Services: Navigate the complexities of international tax laws with strategies that address cross-border transactions, global operations, and multi-jurisdictional compliance. 
  • Transfer Pricing: Manage intercompany pricing arrangements to align with global standards, reducing the risk of penalties and increasing tax efficiency across your global supply chain. 
  • Tax Provision (ASC 740): Keep your financial statements accurate and reliable with precise management of income tax reporting. 
  • IPO Structuring and Inversion Analysis: Minimize tax liabilities and maximize shareholder value with strategic advice on initial public offerings (IPOs) and inversions. 
  • Credits and Incentives: Identify and leverage tax credits and incentives globally to reduce your overall tax burden and enhance cash flow. 
  • Inbound Tax Needs: Address the unique tax challenges faced by foreign companies operating in the U.S. — from entity structuring to compliance with federal and state regulations. 
  • 280E Analysis and Optimization: Navigate Section 280E while improving your tax position with tailored strategies for industries like cannabis. 
  • Entity Choice and Structuring: Optimize your global operations with the right entity structure, aligned with your long-term business goals. 
  • Operating Agreement Review: Review your operating agreements to confirm they are tax-efficient and compliant with international laws. 
  • Debt/Equity Analysis: Optimize your financing structure with detailed analysis to maximize tax efficiency and maintain compliance. 

Tax leaders ready to serve you

As you grow, you face complex risks and opportunities. Benefit from hands-on guidance focused on delivering top-to-bottom value for you and your organization.

Solutions Built for You

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International Tax

Conduct business across borders with confidence you’re limiting risk and maximizing returns.

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Tax Credits and Incentives

Put your profits back where they belong: driving expansion and innovation for your organization. With experienced guidance credits and incentives can be a powerful tool for fueling your growth.