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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.

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Current Updates are Available Via Our Website

We have written articles explaining legislative activity related to income and employment tax (as information changes hourly, we are adding dates to this content.) 

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Stay well,
The BDCo Team

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