Taxation and Accounting for the Small Vineyard
Registration Deadline: Nov 1, 2012
Event Type: Seminars and Classes
Description: Understanding relevant tax and accounting issues is a vital step for successful start-up and continuing vineyard operations. This course is tailored to help both the vineyard owner and entrepreneur. Learn the principles of accounting for a vineyard operation from the initial start-up phase through the land clearing, planting, pre-productive and productive stages. Tax aspects and specific accounting techniques for the expenditures in each phase will be discussed in detail.
Topics include: formulating a business plan; choosing the form of doing business which directly affects permissible farm accounting methods; avoiding the problems of passive activity; qualifying as a farmer under the tax code; farm accounting, including depreciation and inventory cost capitalization rules; and estate planning.
• Event Organizer:
UC Davis Extension
Da Vinci Building
1632 Da Vinci Ct. Davis, CA 95618
• Website: extension.ucdavis.edu/winemaking
$190. Enroll in section 122VIT205.
• Available languages: