Field Notes

News and Updates from the New York Wine & Grape Foundation

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Free Finance, Accounting & Tax Tools

With the complexities and new business realities of 2021, professional finance and tax tools for New York’s wineries and growers are needed now more than ever. To assist our members with critical questions on tax planning, inventory accounting, general accounting, excise tax//TTB issues and sales tax, the New York Wine & Grape Foundation is pleased to offer a new benefit for Tier 2 & 3 Winery Members as well as Growers, in partnership with Mengel, Metzger, Barr & Co. LLP.  These members now have access to financial and

Year-end Planning and Current Hot Topics

We are happy to be welcoming Anthony Sandonato from Mengel Metzger Barr & Co. LLP back for our annual tax & finance year end webinar. During this session Tony will help clarify any continued confusion that still exists in relation to Paycheck Protection Program (PPP) loans, and loan forgiveness issues. We will also explore year-end tax planning and inventory strategies, and learn some tips for 2021 planning in light of COVID-19’s continued financial impact.

Reflecting on the valuable work of trade associations

I am excited to be starting my 5th year at the helm of the Foundation. I am grateful to the industry, supporters of the industry, the Foundation team, and the Foundation Board for supporting me as we have worked together to enhance New York’s reputation as a world class grape and wine region. I also value the opportunity each January to refresh my goals and determinations for the upcoming year.

Hudson Valley Wine tasting Passport is here!

Kick-off 2021 with a self-guided wine tasting tour through Hudson Valley wine country. The Shawangunk Wine Trail’s Hudson Valley Wine Tasting Passport is the perfect choice for local and regional wine enthusiasts to enjoy a variety of the finest wines produced in the Hudson River region and to discover new favorite’s along the way!

Reflecting on Seasons Past

As we turn the page on 2020 and I reflect on the last four years at the helm of NYWGF, I fondly remember my anticipation building in December 2016 as I prepared to join the NYWGF team in January. I received an invitation to join in a Finger Lakes tradition, the NYS Wine Grape Growers Association’s (NYSWGG) annual holiday party. That year it was hosted at the Elk’s Lodge in Penn Yan. I attended with the State’s craft beverage guru Stefan Fleming, and I remember that a hearty spaghetti dinner was served.