Friday, April 27, 2012

Hello fellow wine lovers,
     How many out there know the difference between sweet wine, semi-sweet wine, dry wine & semi-dry wine?  Probably the easiest way to explain this is my simple minded explanation as follows:  A sweet wine is very high in sugar, usually over 5% sugar.  It's hard for the average person to tell the difference between 5% or 8% sugar in wine.  Sweet is sweet.  A semi-sweet wine is usually half the sweetness of the highly sweet versions. 
     An off dry or semi-dry wine is pretty much dry with a hint of sweetness..  A dry wine is sugar free or close to it.  It is your average "pucker your upper" wine and goes good with food.  So, it goes like this, lots of sugar, half the sugar, very little sugar, and no sugar. 
     Now that wasn't hard was it?  By the way at the winery in Kane probably 70% of our customers prefer the sweet or semi-sweet wines.  At our store  in Kennett Square, PA it is the opposite.  70% of their customers prefer the dry or semi-dry wines.  We try to make something for everyone's palate so hope you find something you really enjoy.
Bottoms Up,
Ron

Friday, April 13, 2012

     It has been awhile since my last blog.  I apologize for the lateness of this posting.  This may be a good time to talk taxes from the winery view point.  Not too many years ago, I could fill out our family federal tax forms myself.  Those days are over!  Today our tax forms are several hundred pages long and require the services of a competent CPA.  Just for the heck of it, I compiled a list of taxes that we pay to run our small family winery: 
  1. Federal Withholding
  2. State Withholding
  3. Federal Unemployment
  4. State Unemployment
  5. Company Matching Social Security
  6. Company Matching Medicare
  7. Local Earned Income Tax
  8. Local Services Tax
  9. Gasoline Tax
  10. Pennsylvania Sales Tax
  11. School Tax
  12. Property Tax
  13. Excise Tax on Wine
  14. Pennsylvania Market & Qualtiy Wine Tax
  15. Taxes on our phone bill: Gross Receipts Tax,  Pa Gross Receipts Tax Surcharge, Federal Excise Tax, & PA State Sales Tax
  16. Taxes on our electric & water bill: PA Sales Tax
  17. Corporation Taxes
  18. Capital Gains Tax
  19. ASCAP Tax (to play music in the winery)
  20. BMI Tax (To play music in the winery)
  21. Room Tax when traveling
     This is what I can think of and probably there are more.  If you know of additional taxes, please let me know.
     We just received copies of our 2011 tax return and below is a photo of the packet.  If tax reform is not needed, then I don't know what is!  Does anyone out there wonder why small business is having a rough time in this country?  HAIL TO THE GLASS OF WINE THAT KEEPS US GOING!! 
                                                        Until the next time, Winemaker Ron