Ideas & Insights

Ideas & Insights

Key Takeaways from USDA Session on Industrial Hemp and the Farm Bill

hemp, cannabis, farm bill, advisory, consulting, CBD, industrial hemp, tax, 280e, native, tribal, consulting, governance, risk, compliance

On March 13th, the U.S. Department of Agriculture (USDA) held the first in a series of listening sessions to gather public input on the implementation of the Agriculture Improvement Act of 2018, better known as…

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The Financial Perils Celebrities Face in Hollywood

Hollywood can be a lucrative place to achieve heights of financial success and wealth; if one is able to navigate the difficult path to the top earning spots in the industry. People spend years, sometimes…

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The Cannabis Banking Crisis Heads to Washington

cannabis, GRC, advisory, risk, cash, banking, internal control, cash control

by Linda Hurley, Governance, Risk, and Compliance Practice Leader Everyone involved in the cannabis industry, at any level, is all too aware of the obstacles and risks presented by the cannabis banking crisis. As owners,…

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The Growing Financial Crisis Facing Professional Athletes

The life of a professional sports athlete seems glamorous and spectacular from the outside. The money, the meteoric rise to fame, the cars, the mansions, the clothes, endorsements and general star quality of their life…

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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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Cannabis Valuations 101

Navigating the Complex Factors behind Valuations in the Cannabis Industry By: Dan Nicholls, CFA, Director of Capital Markets Advisory Services, MGO | ELLO Alliance The cannabis industry is growing rapidly and more and more cannabis…

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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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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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