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Case Study

R&D Case Study: Winery funds sustainability with tax credits

    • Dec 02, 2022
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6 Years of R&D Tax Credits with Leyton

Discover how Honig Vineyard & Winery, a family owned winery dedicated to operating sustainably and producing wines of the highest quality, continues to claim tax credits with Leyton.

How They Were Innovating

Similar to many businesses in the food and beverage industry, the R&D Tax Credit was not something Honig was initially aware of. Tony Benedetti, COO of Honig, says “Leyton reached out to Honig and told us about research and development tax credits that we had no idea were available to us.” Honig has also faced several climate challenges driving them to adapt to the environment in Napa, CA. This sort of innovation is exactly what qualified them for the R&D Tax Credit!

Another on-going and qualifying project Honig focuses on is their innovation efforts surrounding sustainability through solar energy. With so many sunny days in Napa, they decided to implement watt roof-mounted modules to double power production to run the winery which eliminates 300,000 pounds of carbon dioxide emissions annually.

Impact of the R&D Tax Credit

Once Leyton’s tax and technical teams qualified the related expenses to their research and development projects, we were able to build a substantive R&D Tax Credit claim for the client, backed by a comprehensive R&D Study that explains how each project meets the IRS criteria to claim the credit. As they continuously expand and hold their place as leaders in sustainability for the wine development industry, they are ideal candidates for the R&D Tax Credit. Honig has claimed the R&D Tax Credit with Leyton for not only the current year, but also retroactively for multiple years!

Honig Vineyard and Winery was able to claim the R&D Tax Credit with Leyton for years 2018-2023.

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Leyton provided a valuable financial benefit to Honig. They simply and clearly explained what they were proposing. They told me exactly what I needed to do and were easy to work with. Honig benefited, and I felt the cost of Leyton’s services was very reasonable. The process was easy, and we received significant tax credits for multiple years that would have gone unclaimed.

Tony Benedetti, COO Honig Vineyard & Winery

Do you own a winery? Discover how you many benefit.

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