Background
Robert Lickwar has more than thirty years of experience as a practicing CPA, working exclusively with privately held businesses and owners to provide compliance services and sophisticated tax planning strategies, including like-kind exchanges, tax-efficient workouts and restructurings, reorganizations, and estate planning services. He is a leader of the Northeast Cannabis practice and provides a wide range of cannabis accounting services such as tax planning and tax return preparation in compliance with IRC 280E.
Bob has extensive experience dealing with tax authorities at both the federal and state levels. He develops tax-favored and other retirement plans for clients and assists in developing tax-efficient succession transitions, including acquisitions and sales of businesses. Bob also has considerable expertise in the taxation of small businesses and their owners, specializing in many areas of domestic taxation, including real estate, multi-state, business, and individual taxation.
Bob is a nationally recognized presenter on various tax issues, and a well-known discussion leader, providing continuing education seminars to tax professionals. He has been a speaker for Berlin Continuing Adult Education small business seminars and Farmington Continuing Adult Education small business seminars, and a frequent tax expert guest for a local radio station. Bob’s articles have been featured in Taxation for Accountants, The Journal of Accountancy, and local newspapers.
Contact Bob
Related Insights
02/09/22
Despite an ever-increasing number of states moving to legalize recreational cannabis, the rules surrounding these business entities are often in question as states…
03/07/22
For individuals who have not yet filed their 2021 federal tax return, the concerns regarding the processing of tax returns and related refunds…
08/11/22
As of 2022, using marijuana for either recreational or medicinal purposes is legal in 39 states, and it has grown into a $61…
05/02/23
As long as it’s still around, TikTok is arguably the most popular social media application currently operating.
09/25/23
Inflation caused a whopping 7.1% inflation-adjusted increase in tax bracket limits for 2023, and according to a new report from Bloomberg Tax, the…
11/10/23
If your business completes minor repairs by December 31, you can deduct those costs on your 2023 tax return.
11/13/23
Several factors are making 2023 a confounding tax planning year for many.
06/28/24
The last few years have held a bevy of tax changes that have reshaped the finance environment for many companies.
01/04/23
Despite the implementation of the new 1% stock repurchase excise tax officially in effect, guidance released by the IRS notably did not mention…
02/10/23
The Connecticut Department of Revenue Services has hired five cannabis auditors as the state prepares to address cannabis taxation for the first year…
02/06/23
One of the greatest challenges for states post-recreational cannabis legalization is striking a balance between taxation of these businesses and creating an inhospitable…
05/02/23
The narrow requirements for qualifying for the electric vehicle tax credits under the Inflation Reduction Act are causing some consternation in the auto…
08/04/23
Under Section 1035 of the IRS code, certain insurance contracts may be exchanged for another without generating a tax consequence.
11/03/23
Further cuts to the IRS’ almost $800 billion in funding from the Inflation Reduction Act are jeopardizing the newly introduced business tax accounts…
01/19/22
Connecticut will open its cannabis retail license application period on February 3, but entrepreneurs in the state are struggling with uncertainty ahead of…
02/14/22
Partner Robert Lickwar talks about the anticipated delays with the IRS, the benefits of starting earlier, and switching from paper to e-filing returns…
08/29/22
The 1% tax on stock buybacks included in the final Inflation Reduction Act may be a nominal amount, but it may be a…
08/11/22
The Inflation Reduction Act promises $790 billion in funding to health care and climate initiatives over the next decade.