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IndustriesDistilleries and Craft Breweries

Establishing clear costs can lead to increased profits

When it comes to accounting, tax, and business related matters, possessing a deep knowledge of the distillery and craft beer industries is necessary to help build your brand.

Distilleries and Craft Brewers

Are you pouring dollars down the drain?

As a distillery or craft brewery starting to produce or looking to grow, your underlying capital costs just to get started are significant. Going from brewing your first batch in your basement to selling 1,000 barrels a year are very different things—not to mention your long-term goals which may include national or international distribution, subject to complicated tax code. The breadth and depth of our skilled tax and accounting professionals makes achieving your dream more efficient, effective, and allows you to focus on your passion—crafting your product.

Bourbon-barrel-distillery

In addition to our core tax services, Dean Dorton provides comprehensive accounting services such as cash flow management and technology consulting

We specialize in providing unique service offerings that are customized to meet the specialized needs of breweries and distilleries, both small and large. As you work closely with our advisors, we will help you achieve greater efficiencies in your business operations that allow you to focus on brewing remarkable beverages and expanding your business.

Tax Considerations for Your Brewery or Distillery

The unique attributes and regulations of distilling and craft brewing demand advisors with industry knowledge. Our experienced team knows what needs to be considered when it comes to tax savings for your business.

Cost Segregation Studies

Depreciation Changes

Inventory Tax Credit

Qualified Business Income Deductions (QBI)

Sales Tax Exemption for Machinery and Equipment

WHY DEAN DORTON?

A Trusted Distillery and Craft Brewery Advisory Firm

Whether you are looking to accelerate the establishment of your brewery or distillery, or realize cost savings through an analysis of tax efficiency of a current plan, Dean Dorton can provide you with complete service solutions. We work closely with your banker, insurance agent, attorney, and any other advisors to ensure a holistic approach, ultimately benefiting you and your business.

Having a slew of new information at your fingertips doesn’t mean anything if you aren’t using it right. Dean Dorton’s team can help you analyze your product costs (both raw ingredient and total costs) and your bottom line to make sure you are hitting your targets, so you can perfect your pricing strategies in order to be sustainable for years to come.

Distillery and Craft Brewery Accounting Services
Tax Cost Segregation Studies Outsourced Accounting Business Valuation Services Technology & Cybersecurity Accounting Software IT Infrastructure & Cloud Solutions Managed IT Services

Meet Our Experts

Lance Mann, CPA, CFE, CGMA

Assurance Director and Louisville Market Leader
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Mike Harbold, CPA

Tax Associate Director
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The matters discussed on this website provide general information only. The information is neither tax nor legal advice. You should consult with a qualified professional advisor about your specific situation before undertaking any action.

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