Address Wine Industry Financial Challenges In Central Valley With Top CPA

Dec 3, 2024

Are you a local California grape farmer struggling to cope with recent changes in the wine industry? Partner up with Matthew J. Prieb, CPA (559-291-2947) for support with taxes, accounting, and bookkeeping.

Grape farmers in California are currently experiencing a crisis. With the recent influx of cheap bulk wine imports, unfavorable federal policies, and a lack of local business support in the Central Valley, many of them are experiencing financial hardship.

If you’re one of these grape farmers, Matthew J. Prieb, CPA wants to help you address the challenges in the murky wine industry, guiding you through tax planning, budgeting, and sustainability.

Check out Matthew J. Prieb's tax, accounting, and bookkeeping services here! 

A CPA With Deep Roots In Agriculture

Having grown up on a farm near Dinuba, Matthew J. Prieb has deep roots in agriculture and farming, and understands the intricate processes needed to sustain the wine industry. 

As California’s wineries and grocery stores increasingly prioritize cheaper, foreign sources over domestic producers, Prieb wants to help grape farmers like you mitigate the negative impact on jobs, finances, and the entire local supply chain.

According to a 2024 Wine Spectator article, between 30,000 and 40,000 acres of vines have been removed in the past year, and according to North Bay Business Journal, growers without purchase contracts are struggling to cover farming costs, with spot market prices often below the break-even point.

A Custom Financial Plan For Your Vineyard

To help grape farmers drive long-term growth, Matthew J. Prieb, CPA will look at their cash flow, operational costs, and the current market trends, then create a custom financial plan that rebuilds their vineyard’s profitability. He is also offering comprehensive financial management that involves income and expense tracking, quarterly financial adjustments, payroll and cost accounting, and compliance audits.

On top of that, Prieb’s proactive tax planning services will help grape farmers like you minimize liabilities, stay compliant with federal and California tax laws, and avoid expensive penalties.

Innovative Business And Tax Solutions

With over 17 years of experience in tax and accounting, CPA and Business Owner Matthew J. Prieb has helped wineries and vineyards achieve their business goals through innovative business and tax solutions. Using a community-focused approach, Prieb hopes to inspire more support for local wines and American-made products, and urge more wineries and stores to invest in local grapes.

“Before partnering with Matt, managing our finances felt overwhelming. His expertise in vineyard bookkeeping and tax compliance has been invaluable. We can finally focus on growing our business, knowing Matt has our back,” said a satisfied client.

Click here for more on Matthew J. Prieb, CPA.

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