Register Login


Articles

Many of our articles are available to registered users only. Please Login or Register for full access to our article library.

Potential Vineyard Tax Savings

The Internal Revenue Service (IRS) recently issued a memorandum recognizing the allocation of land costs to an American Viticultural Area (AVA). If such land was acquired after August 10, 1993, the part of the cost attributable to an AVA is an intangible asset which can be amortized over fifteen years.

Thanks! Would you like to provide some more information?