Taxation and Accounting for the Winery

As winery owners and entrepreneurs, it is crucial to understand and remain apprised of relevant tax and accounting issues, which can often mean the difference between success and failure of a winery operation. Designed for wineries of 60,000 cases and fewer, this course explores the advantages and disadvantages of incorporation and Subchapter S status versus using limited liability companies, determination of cost of goods sold, inventory valuation and costing (including inventory cost capitalization rules), advantages and disadvantages of electing LIFO, accelerating deductions through farm accounting procedures, depreciation methods, fringe benefits and estate planning.

Enrollment is limited. Early enrollment is encouraged.

Academic Units
0
CEUs
0
Section Number
192VIT206
Instruction Method
Classroom

Location

Da Vinci Building

1632 DaVinci Court, Davis, CA, 95618

Da Vinci Building

Da Vinci Building 1632 DaVinci Court, Davis, CA, 95618

Enrollment Policies

Drop requests (withdraw with a refund) will be approved, less a $30 processing fee, if the request is received seven calendar days before the course begins. Click here to view complete enrollment policy information including details on withdrawals and transfers.