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Tag Archives: Tax deduction

Last Minute Gift Guide! It’s Not Too Late!

Last Minute Gift Guide! It’s Not Too Late!

            SUNGLASSES MADE FROM WINE BARRELS Woodzee makes sunglasses out of wood. In November, they’re teaming with Northern California’s Robert Mondavi Private Selection to offer glasses made of repurposed barrels, wine stains included. The wood is smooth and the aroma heavenly. They come in four different lenses but the same […]

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• IRS ruling allows vineyard owners some appellation-based deductions

Can Your AVA Reduce Your Taxes? Washington, D.C. — A Chief Counsel Advice ruling issued Oct. 8 by the IRS appears to allow some vineyard owners to depreciate the added value provided by a recognized American Viticultural Area designation. But the ruling is as yet unproven: It will not apply to everyone, and everyone who […]