Peter works with many clients in the cannabis industry including, not limited to, medical cannabis dispensaries, cannabis technology companies, cannabis landowners, private equity and family office, guiding them through important tax areas. Peter actively writes articles on tax issues regarding cannabis businesses, and is viewed as an “expert contributor” by Marijuana Venture Magazine.
Prior to joining Grassi & Co., Peter was the Chief Financial Officer and Senior Vice President of Sterling Grace Corporation, a Family Office based in Locust Valley, New York and Montreux, Switzerland. He was a Company Director and Officer for many of the Family Office’s corporations, partnerships and LLC’s. Peter also has equity and derivative trading and portfolio experience.
Grassi & Co. is proud to announce that Peter Metz has joined Grassi & Co. as Principal of Family Office Services and Tax, based out of the New York City office.Read More
Articles & Alerts
With information gathered from assets in the underground (involved with the dark web) and conversations with federal authorities, investigations disclosed that, while there is no specific group actively targeting the cannabis industry, there are hackers focusing on three areas within the Seed to Sale lifecycle: research and extraction; growing; and consumption and retail operations.
Just when we thought it was safe to file a tax return, we find the IRS’s strikes again!
The Tax Cuts and Jobs Act of 2017 created code section 1400Z, which is designed to encourage economic growth and development through private investment in specific low income or rural communities and disaster areas.Read more
On December 22, 2017 President Trump signed into law the Tax Cuts and Jobs Act.Read more
On April 12th, Gov. Andrew Cuomo signed into law the New York State budget bill, that among other things, created an employer payroll tax and new charitable contribution funds to offset the impact of the $10,000 federal cap on state and local tax deductions under the Federal Tax Cuts and Jobs Act.Read more
If you are in the process of selling real estate for a profit—whether you are an investment professional or not—your goal is to most likely defer your taxes. If so, it’s a safe bet that you’ve heard of the term “1031 exchange”.There is plenty of information floating around that makes it possible for the novice to perform the 1031 exchange steps.
Robert Bernstein, Partner at Grassi & Co. will be speaking at this highly enjoyable evening of delicious food, resfreshing drinks, and meaningful discussions with other Cannabis industry leaders.READ MORE