Why the IRS can be a nightmare for Cannabis companies
Gena Jones is an avid traveler, foodie, wife and mother. A little girl from the South Side of Chicago is now an accomplished Attorney and Certified Public Accountant with offices in Illinois, Georgia and Arizona. Gena earned her Bachelor of Science degree in Accounting from the Illinois Institute of Technology, Cum Laude. She went on to graduate from Chicago Kent College of Law and is licensed to Practice in the United States Tax Court, and The Supreme Court of Illinois and the United States Supreme Court.
Gena has worked with countless celebrities, entertainers, community organizations and political leaders. Gena continues to add to her professional tool box most notably earning her Masters of Management Degree from Harvard University, Masters of Laws degree in Taxation with Honors, and received her Certification as a Fraud Examiner.
Gena's desire to maximize the dynamic duo of a CPA license and law degree by practicing Tax Law was very personal. Gena's father, Eugene Record, an accomplished songwriter, musician, and former lead singer of the Chi-Lites, faced tax problems that could have led to jail time. The Internal Revenue Service (IRS) was relentless and imposed unbelievable fear on her family. It was this experience coupled with Gena's opinion that the government should work with people not against people that propelled Gena to focus on Tax Controversy.
Gena left the entertainment world to focus on representing small business owners before the IRS, and to create a path of controversy avoidance for individuals and businesses. Gena's Tax Controversy experience revealed that controversies are only a symptom of a larger problem, which is the failure to plan.
Planning is the key to success in business and in life. Realizing that business owners just do not know where to start and who to call, Gena’s goal is to help businesses grow via proper planning, intentionality and thoughtful execution.