Presented on July 11, 2021
Jonathan Gates, Senior Manager, Tax Credits & Incentive Services
Fixed assets can be a powerful tool when managed correctly. Leveraging fixed asset tax credits and incentives can strengthen your company’s financial footing and open doors to additional capital investments.
Due to the nature of the business, most wineries are equipment heavy–which gives them a competitive edge compared to other industries. Watch our video to learn about commonly missed fixed asset tax credit and incentives in the wine industry and how to:
- Defer tax liabilities to later years
- Reduce current-year tax liabilities
- Increase current year cash flow