3433 Westwind Blvd, Santa Rosa, CA, United States of America, 95403

www.masilva.com

707-636-2530

kvalenzuela@masilva.com

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2024 Tax Write-Off for Winery Technology Purchases

Technology and Tax Write-Offs

We are almost half-way through 2024 and it’s time to think about technology and tax write-offs. Particularly since technology has changed so much for wineries. With the advent of AI and its impact on the growing, production and distribution of wines, wineries need to stay current with technology. Especially since droughts are impacting areas where many wineries are located. New technologies can mitigate some of the changes in climate that wineries face.

Both new and used winery equipment generally qualify for the tax write-off under IRS Section 179.  The deduction limit is $1,220,000 with a spending cap of $3,050,000 in 2024. Bonus Depreciation went down to 60% this year.

Unlock your winery growth potential with better equipment, meet the challenges of drought and expand to meet additional demand while writing off the winery equipment purchase.

Learn more about IRS Section 179 and the write-offs available to your winery. If you want to learn more about the benefits of financing, contact John Gallagher at (949) 608-2244 or visit DimensionFunding.com/Winery/.

winery financing equipment financing tax-writeoff Section 179

About

The M. A. SILVA Advantage: Reliable. Perfect. Proven.

We are the leading and award-winning manufacturer of finest premium corks, glass and packaging for North American markets. We demonstrate impeccable integrity, consistent customer service and are committed to sustainability and eco-friendly operations. Our company was established in 2000 by cork industry icon Neil Foster and Manuel Alves Silva Sr. of M.A. Silva Portugal, a family-owned and operated company with a 42-year history of cork production and known as an innovator in cork processing and technology.

We import high quality natural cork stoppers from the southern region of Portugal and process them domestically for distribution. Through long-term collaboration with growers, our operations are 100% vertically integrated ensuring complete process control. Our certified quality assurance program ensures that our products provide unmatched visual, mechanical and sensory characteristics. Always.

Our glass is sourced from high quality manufacturers controlled 24/7 by M.A. Silva’s on-site quality specialists. Proprietary molds guarantee consistent quality. We develop custom bottle molds and offer a wide range of packaging solutions.

Contact

Contact List

Title Name Email Phone Extension
President Neil Foster neil@masilva.com 707-236-1195
Vice President of Operations Gustavo Beltran gbeltran@masilva.com 707-293-2704
National Sales Manager Ryan Riewerts rriewerts@masilva.com 707-236-2250
Marketing Manager Kaylee Valenzuela kvalenzuela@masilva.com 707-755-1254
Account Manager Alison Gossage alison@masilva.com 707-477-6414
Account Manager Nathalie Durham nathalie@masilva.com 707-326-0294
Account Manager Amy Pecoraro apecoraro@masilva.com 707-755-1168
Account Manager Faith Horner fhorner@masilva.com 707-888-4044
Account Manager - Central Coast Matt Corella mcorella@masilva.com 805-350-3133

Location List

Locations Address State Country Zip Code
M. A. Silva USA 3433 Westwind Blvd, Santa Rosa CA United States of America 95403

List of Locations