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.
I do have to say that while Korbel is certainly not a Cognac, it is a very good brandy. Taking in all factors from flavor, smoothness, depth of the palate, availability and price, Korbel is tops! It is a budget-friendly brandy, one you're not afraid to mix with or sip in a snifter, but it also is not a fire water.