Tax Planning & Preparation for Wineries
Good tax planning happens before the tax return is prepared. We help winery owners plan ahead, understand their tax position, identify opportunities, and avoid unnecessary surprises at tax time.
Tax Planning That Reflects How Your Winery Operates
Wineries face tax decisions that can be affected by inventory, production cycles, equipment purchases, capital improvements, depreciation, business structure, and the timing of income and expenses.
We work with winery owners throughout the year to evaluate how business decisions may affect their tax position before those decisions become part of a completed tax return.
Areas we may evaluate include:
• Year-end tax planning
• Federal and California income taxes
• Estimated tax payments
• Depreciation and equipment purchases
• Capital expenditures and improvements
• Inventory and COGS considerations
• Business entity and owner compensation considerations
• Timing of income and deductions
• Tax notices and agency correspondence
