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February 2010
New Depreciation Incentives: Does Your Winery Qualify?
Recent legislation has enhanced the tax incentives associated with depreciation.
by Craig Anderson and Michael Ricioli
Maintaining profitability in the face of today’s constantly changing and often volatile economy is a balancing act requiring a delicate touch and a strong constitution. Managing cash flow and servicing current debt obligations are no longer the only basic functions companies must perform to survive in a globally dynamic wine industry. Among many other factors, an ability to maintain flexibility while maximizing the return on assets and equity is essential for a winery to position itself fo...
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