Wine Industry Taxation Experts
The wine industry is
plagued/challenged with tax dilemmas, problems and pitfalls many of which most
practitioners do not understand. Let Canberra Company, the Wine Industry Tax
Experts help you through this maze.
First you have to
choose an entity. If you are in the wine business and your production is more
than 2,000 cases per year you need to think about a C-Corporation,
S-Corporation or LLC, all of these entities perform, operate and produce tax
benefits differently.
Next you have to choose
an accounting method. You have to choose a method that is right for your entity and your style
of operation.
To make these choices
properly you with need the help of Canberra Company, the wine industry taxation
experts.
In the wine business
there is a vineyard and a winery. Many people have a hard time distinguishing
between the two. Sometimes the tax court has the same confusion. Quite simply
the vineyard is where the grapes are grown, the fruit. The winery may not own
any vineyards and they purchase grapes from grape growers on a contract basis
each year. The winery is the place where the grapes are crushed, fermented,
stored, bottled and aged. Be sure to join the wine club for your favorite
winery.
In the winery there is
a long chain of accounting issues, tax issues, distribution issues, broker
issues, marketing, advertising and public relations issues. To fire on all
cylinders you have to have people in charge of each department within the winery.
Call the wine industry
taxation experts at Canberra Company, 805-962-1040.
The marketplace is full
of people that know how to make the wine but they do not know how to sell the
wine. If you are going to be successful you must be able to do both with a
great deal of talent and expertise.
Canberra Company has in
depth subject files, years of experience and a talented team to help you sort
out your tax issues, accounting department issues, production and marketing
issues, let us help you become successful in the Wine Industry. Call us today
805-962-1040.
For More Info : - Agricultural
Tax Specialist
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