Ideas & Insights

Ideas & Insights

Going Public in Canada

What You Need to Know To Go Public in Canada Denied access to many fund-raising avenues, US-based cannabis businesses are going public in Canada to generate the capital that fuels long-term growth. The MGO |…

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Tax Reform: Finding Opportunities Before 2019

As 2018 closes out it’s time to move into year-end tax planning, and examine tax savings opportunities. Helpful in this process is the fact that Business owners now have some clarity when it comes to…

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TAX ALERT: Guidance for Qualified Opportunity Zone Tax Incentives

Last year’s Tax Cuts and Jobs Act, H.R. 1 (“the Act”) created a federal capital gains tax deferral program through the opportunity zone statute, which is designed to attract private, long-term investments in low-income and…

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Four Partners from Prominent CPA firm for Entertainers & Celebrities Named to Variety’s Business Managers Elite 2018

LOS ANGELES, October 25, 2018 – MGO LLP, one of the fastest growing CPA & Advisory Services firms in the nation, is proud to announce that Adam Yorkshire, Anna Levin, Brandy Davis, and John Blakeman…

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Women: Make Your Financial Voice Heard!

In recent months, we’ve seen a groundswell of support for gender equity issues in Hollywood. Most recently, as a sponsor of Variety’s Power of Women event, I’ve had the chance to witness first-hand how some…

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Risk Alert: FBI Warns of Hacker Scheme Targeting Direct Deposit Paychecks

by Mark Cousineau, Director, Advisory Services Cybercriminals are rerouting direct deposit paychecks into their own accounts. In a public service announcement, the FBI detailed the rise of a new scheme where criminals hack into online payroll…

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TAX ALERT: Businesses can Continue to Deduct 50% of Client Meals

Last year’s tax overhaul via the Tax Cuts and Jobs Act, H.R. 1 (“the Act”) made cuts to write-offs and benefits for businesses. A significant change was made in terms of what could or could…

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Seeking Capital in Canada: Why US Cannabis Businesses are Going Public in Canada

cannabis, industry, capital markets, capital raise, IPO, RTO, going public, Canada, cross-border, advisory, accounting, financial,

2018 has been a landmark year for the cannabis industry in many ways. Not only did California’s legal market open on 1/1/2018, but Canada is soon to become the largest country to legalize cannabis to…

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TAX ALERT: Feds Move to Block SALT Deduction Workarounds

One of the most significant, and controversial changes affecting individual tax returns in the Tax Cuts and Jobs Act, H.R. 1 (“the Act”) is the provision limiting the deductibility of state and local taxes (“SALT”),…

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TAX ALERT: How Tax Reform Affects UBI Calculation for Tax-Exempt Organizations

The recent Tax Cuts and Jobs Act (P.L. 115-97), effective for tax years beginning after December 31, 2017, has garnered much attention for its individual- and business-focused provisions, but it also contains some significant changes…

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