Institutional finance for cannabis operators.
TCS Advisory helps licensed cannabis businesses build cleaner books, stronger 280E documentation, sharper tax strategy, and financial reporting that supports confident growth.
Accounting. Tax. CFO Advisory.
Built for cannabis operators that need more than generic bookkeeping - with systems designed around 280E, COGS methodology, inventory movement, cash controls, payroll classification, and tax-ready reporting.
Meet Chikezie Egwu, CPA.
TCS Advisory was founded to bring institutional-quality finance, tax strategy, and CFO services to cannabis operators.
I’m Chikezie Egwu, CPA, founder of TCS Advisory. I’m a licensed CPA in New York with experience across KPMG’s audit practice and senior corporate accounting work at TKO, the parent company of WWE and UFC.
I founded TCS Advisory after seeing a clear gap in the cannabis industry: licensed operators were building legitimate businesses while relying on accounting systems that were never designed for IRC Section 280E, cannabis inventory accounting, or investor-grade financial reporting.
My career trained me to think through accounting the way serious businesses need it handled: clean documentation, accurate reconciliations, GAAP-based financial statements, internal controls, variance analysis, and reporting leadership can actually use.
Today, I bring those same institutional standards to cannabis operators. Whether you are opening your first dispensary or operating across multiple licenses, the goal is simple: build financial infrastructure that allows your business to scale with confidence.
Ongoing accounting, tax, and advisory support.
Monthly packages are designed for cannabis businesses that need consistent financial support, not one-off help once a year.
Essentials
Core accounting and compliance support for single-location operators getting their financial foundation in order.
- Monthly bookkeeping and reconciliation
- QBO maintenance and categorization
- Monthly financial statements: P&L and Balance Sheet
- 280E COGS tracking and reconciliation
- Quarterly estimated tax calculations
- Annual federal tax return preparation included
- Monthly check-in call, 30 minutes
- Email support within 24 business hours
Get Started
Growth
Full-service accounting, tax strategy, and advisory for cannabis operators scaling their operation.
- Everything in Essentials, plus
- Proactive tax planning and 280E strategy
- Full absorption COGS methodology management
- 280E Cost Allocation Memo drafted and maintained
- Payroll tax compliance review
- Entity structure analysis and recommendations
- Bi-weekly advisory calls, 60 minutes
- Priority email support within 4 business hours
- Seed-to-sale reconciliation support
- Annual tax return plus one state return
Book a Discovery Call
CFO Advisory
Strategic finance support for multi-entity, multi-license, or capital-seeking cannabis businesses.
- Everything in Growth, plus
- Fractional CFO advisory and financial leadership
- Multi-entity and multi-license accounting support
- Intercompany transaction and MSA management
- Cash flow forecasting and budgeting
- Investor reporting and financial narrative
- Capital raise support and financial modeling
- Weekly advisory calls and unlimited email access
- Multi-state tax coordination
- IRS audit support included up to 10 hours per year
Apply for CFO Advisory
Standalone cannabis accounting and tax projects.
Available for cannabis operators, license applicants, and businesses that need targeted support before moving into a retainer.
Cannabis COA Design & QBO Setup
A purpose-built QuickBooks Online chart of accounts designed around your license type, reporting needs, and 280E position.
- License-specific chart of accounts
- QBO build and configuration
- Class tracking setup for 280E allocation
- 60-minute implementation walkthrough
- 280E Cost Allocation Memo template
280E Compliance Review & COGS Methodology
A top-to-bottom review of your current accounting setup, COGS classification, and overhead allocation methodology with recommended corrections.
- Full review of existing COA and classifications
- COGS methodology analysis under IRC 471
- Written findings and recommendations report
- 280E Cost Allocation Memo drafted for your entity
- 90-minute review call
Federal Tax Return Preparation
Federal income tax return preparation for cannabis businesses with 280E analysis, book-to-tax reconciliation, and written tax position support.
- Federal return preparation: 1120, 1120-S, or 1065
- Full 280E analysis and taxable income calculation
- Book-to-tax reconciliation workpaper
- Written tax position summary
- E-filing and confirmation
Tax Planning & Strategy Session
A focused strategy session covering your 280E exposure, entity structure, tax position, and legal ways to reduce avoidable federal tax drag.
- Pre-session intake questionnaire
- 90-minute strategy session
- Written action plan delivered within 48 hours
- 280E exposure analysis
- Entity structure review and recommendations
IRS Audit Support & Defense
Representation and documentation support for cannabis businesses under IRS examination, including COGS defense and correspondence support.
- IRS correspondence review and response
- COGS documentation and defense preparation
- Inventory record substantiation
- 280E position defense workpapers
- Coordination with your tax attorney if engaged
Cannabis License Application - Financial Advisory
Comprehensive financial preparation for cannabis license applicants in New York, New Jersey, and similar regulated markets.
- 3-year monthly pro forma financial projections
- Startup capital requirements and source of funds documentation
- Business plan financial narrative and supporting schedules
- Financial responsibility documentation package
- Accounting system design and compliance readiness memo
- 280E and federal tax compliance planning memo
- Financial Q&A support throughout application review
- Coordination with legal counsel on financial components
Built for cannabis operators who need more than bookkeeping.
TCS Advisory combines CPA-level technical accounting, cannabis-specific tax strategy, and operator-focused financial reporting.
Reduce tax risk
Build stronger 280E documentation, COGS support, and tax-ready workpapers before issues become expensive.
Clean up the numbers
Turn messy books into reliable monthly financials that can support decisions, tax filings, lenders, and investors.
Make better decisions
Use forecasting, KPI reporting, cash flow planning, and advisory calls to understand what is actually driving the business.
Simple, direct, and built around your books.
Discovery
A short call to understand your operation, accounting setup, and biggest tax or reporting concerns.
Review
I review your QBO file, financial statements, chart of accounts, tax exposure, and workflow.
Plan
You receive a clear recommendation for cleanup, 280E support, reporting, or advisory services.
Execute
We move into cleanup, monthly close, tax planning, financial reporting, and advisory support.
Common questions before working together.
Do you work with dispensaries?
Yes. TCS Advisory is built for dispensaries, cultivators, processors, delivery operators, license applicants, and multi-license cannabis businesses.
Do you prepare tax returns?
Yes. Federal tax return preparation is available as a project service and may be included in certain monthly packages.
Can you clean up QuickBooks?
Yes. QBO cleanup, chart of accounts design, reconciliation support, and 280E reclassification are available.
Do you replace my bookkeeper?
It depends. TCS can handle monthly accounting directly or work alongside your internal bookkeeper to improve process, reporting, and tax readiness.
How does onboarding work?
We start with discovery, review your books and workflow, identify key risks, then recommend the right monthly or project-based support.
Do you provide legal advice?
No. TCS Advisory provides accounting, tax, and financial advisory services. Legal matters should be handled by cannabis counsel.
Let’s talk about your business.
Book a free 15-minute call to discuss where your accounting stands today, identify your biggest financial risks, and determine how TCS Advisory can help.
Book a Discovery CallEmail: hello@tcsadvisoryllc.com