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May 2001
Allocations for Vineyard & Winery Sales Assets
by Dale Brown
In the United States, the vineyard and winery industry is relatively small. It also has many attributes shared by few other types of businesses. Advice from a good accountant won't protect your vineyards from Pierce's Disease or keep your wine free of Brettanomyces, but a tax and accounting professional can help you see the ways in which some of the unique aspects this business can work to your advantage at tax time. Someone who knows accounting principles and the Internal Revenue Code as well a...
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