Table 12 Cannabis client acceptance procedures reportedly in use by Certified Public Accountants who currently serve the industry
Client acceptance procedures in use | Certified Public Accountants that serve industry count (%) |
|---|---|
Make clear Tax Code Section 280E expectations/follow law/ethics | 4 (80%) |
Special language in engagement letter | 2 (40%) |
Require client to have a bank account | 1 (20%) |
Require retainer | 1 (20%) |
Not different from any other client | 1 (20%) |