Many wineries struggle with how to treat the vineyard. The vineyard is a farm and should be categorized and treated as a farm. Coordination with your accounting and legal team is important to establish the nature, character and legal existence of the vineyard. Most vineyards enjoy the cash basis of accounting. For vineyards the cash basis of accounting is the most favorable way to do business. It allows for great flexibility and for tax planning moments that bring to you great results. We are here to eliminate the confusion that may exist about the vineyard and how to care for it for income tax purposes.
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PO Box 23209
Santa Barbara, CA 93121