Starts in 5 Days, 21 Hours
January 25, 2018 11:00 am America/Los_Angeles
Wurk invites you to attend their FREE webinar leadership series!
This webinar gain insight from renowned cannabis accounting experts.
Join Wurk as Bridge West CEO Jim Marty and COO Cory Parnell share their extensive cannabis accounting expertise to provide you with best practices that help you prepare for filing your taxes
and being compliant.
As pioneering leaders in the cannabis industry, the nationally recognized Bridge West team is well-known for helping cannabis business owners make the right decisions that lead to exceptional tax preparation.
WHEN: Thursday, Jan. 25 at 11 a.m. PT/Noon MT/ 2 p.m. ET
WHERE: Your computer
HOW: Register at goo.gl/pA9LgC
*Are you booked at that time? Register anyway so you can receive a link to the webinar replay.
Webinar Attendees Will Learn How To:
• Organize books and records for their CPA firm
• Take physical inventory: value shelved products & the growing plants
• Implement internal controls over cash and inventory
Who Is Jim Marty?
Jim Marty is the Chief Executive Officer of Bridge West LLC. Jim is a pioneer and a leader in the cannabis industry and is a nationally recognized and renowned expert on marijuana tax, accounting, and banking issues. Jim has been featured on Fox Business News, CNBC, and numerous other nation-wide media outlets. In 2012, Jim founded Bridge West LLC, the first accounting firm in the world to focus solely on the cannabis industry. Since 2009, Jim’s practice has grown to more than 150 cannabis clients, and he has consulted in more than a dozen of medical marijuana IRS audits. He continues to be a spokesman and endorser of the cannabis industry through his highly attended marijuana education business presentations.
In addition to providing his clients with exceptional tax preparation assistance and unparalleled client services, Jim is accredited in business valuation, intangible asset valuation, and certified in financial forensics. He is a qualified expert witness in jurisdictions in Colorado and California, and on over 30 occasions has provided testimony in Washington, Colorado, and California courts. Jim has testified in several cases involving business disputes, mergers and acquisitions, and business valuation issues.
Jim began his distinguished career at a national accounting firm in Boston, MA and prior to founding Bridge West, Jim spent more than 30 years as the owner of a public accounting practice that assisted small businesses to reach their financial goals. After gaining an in-depth understanding of corporate accounting, partnership, and individual taxation, Jim founded his private practice in Longmont, Colorado. At his predecessor firm, Jim oversaw a team of experts who provided clients with full-service accounting, business valuations, and expert witness services. In 2009, prior to the passage of HB 10-1284 and SB 10-109, the Colorado Medical Marijuana Code, Jim performed extensive research on the marijuana industry. Realizing the significance of the emerging marijuana industry, he searched for answers regarding renting property to growers and/or dispensaries, opening a dispensary, supplying marijuana to dispensaries and many other issues facing this new industry. Jim then traveling to San Francisco, California to meet with attorneys and accountants involved in the Champ case and other medical marijuana clients. As a result of his research, Jim decided to focus on the marijuana industry and opened his practice.
In 2015, Jim merged his non-marijuana clients with Brock and Company, CPAs, P.C., a 50 person CPA firm founded in Longmont, Colorado in 1956. At that same time, Jim dissolved Jim Marty and Associates, LLC and created Bridge West LLC, a new company to focus exclusively on the marijuana industry.
American Institute of Certified Public Accountants (AICPA)
Colorado Society of Certified Public Accountants
Founding Member of the AICPA Business Valuation Networking Group
Founding Member of the Bridge West Network – An association of CPAs and Attorneys serving the Marijuana Industry
National Cannabis Industry Association
Lobbyist to Congress April 2013 and April 2015
Contact Jim via email at [email protected]
Who Is Cory Parnell?
Cory Parnell is the Chief Operating Officer of Bridge West LLC. Cory has over 25 years of experience working with business owners and senior management in developing strategic business plans, dealing with complex tax and accounting issues, assisting in the implementation of “best practices,” and increasing shareholder value. Cory also serves as the CEO of Boeckermann Grafstrom & Mayer, LLC, a CPA firm that serves clients throughout the United States.
Cory has been involved in the cannabis industry since 2014, and as one of the leaders of Bridge West, he assists in managing the Firm’s Cannabis Team to provide exceptional client service to their clients. Cory advises cannabis clients through challenging business and regulatory environments. His technical and advisory services to cannabis clients range from minimizing the effects of IRS 280E, inventory management, inventory costing, cash management, and preparing financial statements.
Together with the Bridge West cannabis team, Cory assists organizations address the industry’s most unique and ever-evolving issues. He helps cannabis clients make the right decisions at the right time, which can be critical. For cannabis businesses, the legalized marijuana market is constantly evolving, and the importance of time is increased tenfold. Cory is heavily engaged in cannabis legislation which is continually changing and these changes can impact a client’s operations. Cory has been actively involved lobbying states to change their tax statured to allow for 280E deduction.
LICENSING, MEMBERSHIPS, AND HONORS
Certified Public Accountant (CPA) since 1989
American Institute of CPAs (AICPA)
BA Accounting, University of St. Thomas, St Paul, Minnesota, 1985
Contact Cory via email at [email protected]
About Bridge West:
Founded in 2012, Bridge West was the first accounting firm in the world to focus solely on the cannabis industry.
Since then, our CPAs and consultants have guided hundreds of U.S. and international cannabusinesses through what can be a very challenging business and regulatory environment. From preparing audited financial statements to minimizing the effects of IRS 280E, our services address the industry’s unique and ever-evolving issues. A team of more than 100 professional advisors means our clients always have the support they need.
Speaking of clients, we work with all types of organizations that provide legal recreational cannabis, medical marijuana, low-THC and high-CBD products, hemp farming, and ancillary services. In addition, we regularly partner with law firms and tax attorneys to defend our clients against taxing authorities. We are often hired as expert witnesses in tax and legal matters, and as advisors in mergers and acquisitions. Beyond our office walls, you’ll find us actively lobbying for the legal recreational use of cannabis nationwide.
Wurk is a Workforce Compliance Platform specifically designed for the highly-regulated cannabis industry. Their platform automates the processes associated with hiring, managing and paying employees, greatly reducing costs for employers, and making administrative tasks easier, less error-prone and quicker for employees. The Wurk platform includes tools to manage compliance with industry-specific regulations like Federal income tax code section 280E and state-specific requirements for employee registration and badging. Wurk provides an ecosystem of industry experts specializing in 280E tax law, accounting, human resources, cannabis corporate law, and banking.
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