WINE, BEER & CIDER

When it comes to the wine, beer, and cider industry, Hantzmon Wiebel is Virginia's premier accounting firm. Combining agriculture and manufacturing, these businesses encounter challenges such as market fluctuations, unpredictable seasons, and regulatory compliance. With a deep understanding of this dynamic industry's economics, we provide our clients with the insights and counsel necessary for success.

To certify our proficiency in this industry, the Virginia Department of Agriculture and Consumer Services has provided us with an official grant to conduct cost and profitability analyses for wineries throughout the state. When working with Hantzmon Wiebel, our team asks the right questions at the right time to achieve results efficiently.

ACCOUNTING & TAX TREATMENT CONSULTING

Whether your business involves alcohol manufacturing, agribusiness, or both, our team at Hantzmon Wiebel offers crucial accounting and tax expertise to solve the often complex challenges associated with these operations. These can include, but are not limited to, excise taxes, regulatory changes, and handling seasonal cash flows.

COST & PROFITABILITY STUDIES

In an industry where unpredictable factors, such as weather, can negatively impact sales, we understand how imperative it is to have a profitable strategy. Hantzmon Wiebel evaluates critical factors such as true product cost, optimal pricing, customer attraction, and whether to sell through distribution or directly to consumers.

START-UP CONSULTING

Our team navigates the decision-making process for the early stages of your company that will have a significant impact on its future, such as choosing the right business structure. We have expertise on topics such as whether an LLC or an S-corp will be more beneficial, considering factors like liability protection and tax flexibility.

TAX CREDIT CONSULTING

To maximize any tax benefits, our team at Hantzmon Wiebel ensures that your business meets the criteria and is eligible. For example, we determine if you qualify for the Virginia Farm Winery and Vineyard tax credit, which offers a substantial income tax credit to individuals with acceptable capital expenditures.