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Breweries & Distilleries

Three Strategies Breweries and Distilleries Can Use to Minimize Tax Liability

Three Strategies Breweries and Distilleries Can Use to Minimize Tax Liability

Last updated on June 5th, 2026As you continue to grow your brewery or distillery, several state and federal tax incentives are available to help you offset the cost of investments like machinery upgrades, facility improvements, and new product development. Taking advantage of available credits and deductions can significantly improve your
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Are You Ready for Kick-off? Tips For NY and NJ Breweries and Distilleries Ahead of the 2026 World Cup

Are You Ready for Kick-off? Tips For NY and NJ Breweries and Distilleries Ahead of the 2026 World Cup

Last updated on June 5th, 2026This summer, one of the world’s largest sporting events will be arriving on our doorstep, bringing massive crowds to the New York-New Jersey area. The 2026 World Cup will take place across three North American countries from June 11 to July 19, with eight matches—including
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How a Modern POS System Can Make Your Brewery or Distillery More Efficient—and More Profitable

How a Modern POS System Can Make Your Brewery or Distillery More Efficient—and More Profitable

Are you using a modern point-of-sale (POS) system to facilitate sales at your brewery or distillery? If so, are you making the most of your system’s capabilities? Cloud-based POS systems are quickly becoming the norm for the industry and for small businesses in general. In fact, there are modern POS
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From Seed to Savings: 9 Tax Incentives for New York State Farms

From Seed to Savings: 9 Tax Incentives for New York State Farms

Last updated on February 17th, 2026If your New York State business operates as a farm—whether farming is your main line of business or not—you may be eligible for several additional tax credits and exemptions through the state. Below are nine tax incentives for businesses engaged in farming in New York
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Updated Guidance for “No Tax on Tips and Overtime” Reporting: 2025 Penalty Relief and More

Updated Guidance for “No Tax on Tips and Overtime” Reporting: 2025 Penalty Relief and More

Last updated on January 12th, 2026The IRS has recently issued new guidance related to the reporting requirements for overtime wages and tips. Here is what employers need to know to stay compliant with the new regulations. As a reminder, below is a brief summary of the new deductions for tips
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Gearing up for Innovation and Product Development in 2026

Gearing up for Innovation and Product Development in 2026

Last updated on November 26th, 2025With the holiday season now upon us, maybe you’ve been experimenting with new seasonal brews or flavors. Or maybe you’re mulling over new product ideas for the coming new year. Let’s talk about some opportunities for innovation and product development—and the tax savings that come
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Positioning Your Brewery or Distillery for Sale: 5 Considerations

Positioning Your Brewery or Distillery for Sale: 5 Considerations

Are you thinking about selling your brewery or distillery? Selling a business is a lengthy and multifaceted undertaking that requires years of advanced planning. To ensure the process is as smooth, tax-efficient, and successful as possible, you need to begin preparing well ahead of time. Here are some factors you
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Crafting a Business Budget for Your Brewery or Distillery

Crafting a Business Budget for Your Brewery or Distillery

Budgeting is an essential component of financial planning if you want to set your business up for long-term success. When done properly, a budget serves as a roadmap that business owners can follow for responsible financial management and growth. This article will discuss the benefits of creating a business budget
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Map of Qualified Census Tracts (QCTs)

  • Move map to NY and scroll to zoom in
  • Under Map Options select “Color QCR Qualified Tracts”