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 vineyar...