Your Go-to Cannabis Payroll Company

Payroll processing is one of the essential functions of HR because the two functions are closely connected and intertwined. When it comes to the cannabis industry, payroll is more complex and more difficult to grasp. This is why it is of crucial importance that payroll and other HR functions are handled by experienced consultants who understand the intricacies of payroll compliance, including payroll taxes for cannabis industry workers.

At Green Leaf Business Solutions, we focus on the bigger picture, which is why we offer tailored packages of integrated payroll and HR consulting for cannabis companies. We will track federal and state regulations for cannabis payroll processing in terms of minimum wage, payday schedules, and recordkeeping to help you stay compliant. We make it easier for you to set up an efficient payroll process.

If you’ve been looking for “weed payroll providers”, here at Green Leaf Business Solutions, we can accommodate marijuana payroll services with or without established banking. Even if your cannabis business is unable to obtain a checking account, you are still required to pay payroll taxes, which is why payroll tax preparation is included in our service.

As one of the most reliable marijuana-friendly payroll companies, we perform the following services:

• Manage employee forms
• Handle direct deposit
• Manage deductions
• Handle wage garnishments
• Issue state-specific new hire reports
• File federal and state payroll taxes
• Issue worker’s compensation
• Prepare quarterly and online reports
• Regulate employee online access
• Process requests submitted online, by email, or phone

We can handle your marijuana company payroll and taxes and help you navigate the 280e tax code. This code essentially penalizes cannabis industry entrepreneurs and forbids them from deducting ordinary business expenses from their overall taxable income.

While cannabis businesses have been legalized, they are still federally illegal, which further complicates things such as payroll taxes for cannabis industry workers. No wonder this leaves cannabis entrepreneurs in every state which has legalized marijuana for recreational and/or medical use perplexed.

One way to do this is to divide your business into two separate structures, one for cannabis production and distribution and compliance with the code and the other one for legal matters and technicalities. It is this other structure that would be entitled to all the ordinary tax deductions, including payroll.

As specialists in weed payroll compliance, we will help you gain a better understanding of your situation and plan your course of action to be ready for unexpected audits and avoid violations concerning cannabis industry payroll tax reporting while maximizing your deductions.

It is not easy for cannabis companies to obtain a bank account, access financial necessities, or operate like any other industry. This is exactly why marijuana payroll compliance services have been our primary focus since day one.

Hiring employees is a liability and the risks of substantial fines are a given if you pay your employers illegally. That is why partner solutions such as outsourcing payroll processing to a consulting company are particularly handy. We are ready to assist you with the payroll needs of your cannabis business legally and in compliance with the regulations. We can also help you make the most of MEP 401k benefit plans and much more.

We will do everything we can to facilitate your payroll process and enable you to pay your employees legally and overcome the complexities of payroll compliance. We will help you jump through loopholes and avoid pitfalls to operate legally and avoid violations.

Opting for payroll outsourcing is a strategic move for any business looking to streamline operations and ensure compliance. Our managed payroll services specialize in navigating the complex financial landscape of the industry, offering peace of mind and freeing you to focus on your core business.

With our managed outsource payroll services, you’ll benefit from expert financial management, strategic insights, and a team that understands and responds to the unique challenges of your industry.

Cannabis managed payroll is a logical choice if you’re in this industry. Our services deliver custom solutions that cater to the unique regulatory and financial landscape of the industry.

Whether you’re grappling with the specifics of 280E tax deductions or state compliance, our cannabis managed outsource payroll services are built to ensure that everything is accurate, compliant, and efficient. When you rely on us for managed outsource payroll services for cannabis companies, you’re partnering with a team that’s dedicated and equipped with the tools and knowledge to support your business’s growth.

Every business is unique and has unique needs, but the fact that yours is in the cannabis industry further complicates things. This is why you need a reliable, experienced partner for dispensary payroll and consulting services.

Cannabis payroll compliance made simple within a comprehensive HR service for your cannabis business? We deliver. We believe in low-maintenance outsourcing and strive to facilitate your process of payroll, HR, and banking any way that we can.

Our team can also handle tax preparation for your cannabis dispensary, perform specialized hemp industry accounting, and more. No longer do you have to navigate through hell and high water to get what you deserve: customized business solutions created specifically for your cannabis business, including payroll processing and payroll taxes.

At Green Leaf Business Solutions, we understand that every new problem you encounter is one problem too many, but we are ready to be by your side every step of the way to help you solve it. For us, every day is a new learning experience, and working with us could prove to be an amazing growth opportunity for you. Get in touch with us to find out more about what we can do for you!