© 2025 Incunabulum LLC. All rights reserved. mg Magazine is a registered trademark of Incunabulum LLC. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Incunabulum LLC.
Kristin Kowalski, CPA
Kristin Kowalski, CPA, is a partner in The Bonadio Group’s tax practice and the co-leader of the firm’s cannabis and industrial hemp team. For more than a decade, she has provided tax compliance, consulting, and advisory services to multistate corporations and flow-through clients in the manufacturing, technology, service, and real estate industries. Based in New York, her areas of technical expertise include inbound international organizations, tax credits, accounting for income taxes, and transaction planning.
How Cannabis Businesses Should Prepare for a Potential End to 280E
A potential move of cannabis to Schedule III could eventually reshape the industry’s tax burden by ending the reach of Section 280E. But operators should not confuse political momentum with immediate relief. A CPA explains why retroactive tax refunds are unlikely and disciplined compliance still matters. From defensible cost accounting to scenario planning and entity-structure review, the smartest path is cautious preparation rather than reactive change.