You can generally deduct as a business expense all interest you pay or accrue during the tax year on debts related to your trade or business. Interest relates to your trade or business if you use the proceeds of the loan for a trade or business expense.
Hardy Cognac. It was in 1863 that Anthony Hardy, a London gentleman, settled in Cognac and established himself in the business of high-quality wines and spirits. Five generations later, Hardy Cognac is known for its character and for the skills of its cellar masters, custodians of a heritage handed down forever.
Hors dâAge (âOf the Agesâ): Literally a way to say âthis Cognac is so old, itâd be impolite to ask.â Fair warning, Cognac and Armagnac can lose their lustre after too much aging (some say around 35 years, but Tres Vieille Cognac can be 50 years old), so do some research before any big purchases.