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.
Report Abuse. cognac is a type of brandy that is produced in the Cognac region of France. The name is also used to describe any very fine quality brandy. Small portions of brandy are often served as after-dinner drinks in large glasses called snifters.t is distilled from wine and then barrel-aged, generally for three years or more. Cognac is French brandy from specified grapes from a specified region. The name Cognac is protected under international trade agreements and can't legally be used for any other product.