Raymond Owens headshot for withum

Raymond V. Owens

CPA, MST Team Leader, Cannabis - Tax

Get to Know Me

Ray Owens is the Team Leader of Withum’s Cannabis Services tax practice, drawing on more than 15 years of accounting and advisory experience to help businesses navigate an evolving regulatory and tax environment.

Ray advises cannabis operators on tax strategy, entity structuring, inventory costing and financial reporting throughout the business lifecycle. Working with clients from startup through expansion, he helps establish strong operational and financial foundations that support compliance, scalability and long-term growth.

A significant focus of Ray’s advisory is tax controversy and IRS representation. He assists clients through all phases of examinations and dispute resolution, advocating on their behalf in matters involving audits, penalty relief, liens, levies and other collection issues. Combining technical expertise with practical business insight and advocacy, Ray helps clients manage risk, protect their businesses and achieve favorable outcomes.

Industry Expertise

Service Expertise

Learn More About My Story

Learn more about my professional experience and how I spend my time outside the firm.

Education:

  • Master of Science in Taxation, Fairleigh Dickinson University
  • Bachelor of Science in Business Administration, Roanoke College

Professional Affiliations:

  • Member, American Institute of Certified Public Accountants (AICPA)
  • Member, New Jersey Society of Certified Public Accountants (NJCPA)
  • Withum Marketing Strength Award Nominee
  • Withum Strength of Client Service Award Nominee

Giving back is important to Ray, both personally and professionally. He volunteers annually with the Jaime A. Pinaire III Foundation, a scholarship organization established in memory of his childhood friend that supports students with financial need in pursuing their educational goals.

Within the profession, Ray is a recognized voice in tax, regularly contributing thought leadership on cannabis taxation, speaking at industry events and sharing insights through articles and podcasts that help businesses navigate a dynamic regulatory landscape.

A lifelong northern New Jersey resident, Ray is passionate about family, travel and his favorite sports teams, including the New York Jets, New York Yankees and New Jersey Devils. When he’s not working, you’ll often find him playing softball, making memories with his family in the Poconos or exploring new roads on his Harley-Davidson.

Authored Insights

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canned beverages with a cannabis leaf
Federal Hemp Redefinition: What Hemp Beverage Operators Need to Know

The hemp beverage industry is weeks away from its most significant regulatory change since the 2018 Farm Bill. In November 2025, Congress rewrote the federal definition of hemp in Section 781 of Public Law 119-37. A stopgap funding bill signed in September 2026 delayed most of those changes by about a month, but it did…

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50-50-Cannabis
Withum Leaders Named as Global Top 200 Cannabis Accountants for 2026

The recognition reflects Withum’s commitment to serving cannabis businesses through specialized tax, audit and advisory services. These professionals represent the depth and breadth of Withum’s Cannabis Services Team, working with cultivators, manufacturers, dispensaries, multi-state operators and ancillary businesses. The Cannabis Services Team helps clients navigate tax regulations, financial reporting requirements and business challenges in a…

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A timely read for tax professionals and internationally active businesses evaluating potential refund opportunities and regulatory exposure.
How the Keysight Decision Could Affect the Kwong Appeal

On July 2, 2026, the U.S. Court of Federal Claims decided Keysight Technologies, Inc. v. United States, No. 25-137, holding that the Treasury Department exceeded its statutory authority when it issued a regulation governing the global intangible low-taxed income (GILTI) regime. Days later, on July 10, the deadline passed for taxpayers to file protective refund…