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.
Hardy is the son of Gilbert and Ruby Moore Hardy, and the younger brother of Matt. Their mother died of brain cancer in 1986, when Hardy was nine. He developed an interest in motocross aged 12 and got his first bike, a Yamaha YZ-80, at age 13. He had his first race when he was in ninth grade.