XML 39 R28.htm IDEA: XBRL DOCUMENT
v3.23.1

INCOME TAXES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Income Tax Disclosure [Abstract] |
Schedule of Income Tax Provision | The provision for income taxes consists of: Schedule of Income Tax Provision
INCOME TAXES |
|  | Year Ended December 31, |
|  | 2022 |  |  | 2021 |
Current tax expense: |  |  |  |  |  |  |  |
Federal |  | $ | 34,120 |  |  | $ | 459,640 |
State |  |  | 2,263 |  |  |  | 215,831 |
Current tax expense |  |  | 36,383 |  |  |  | 675,471 |
Deferred tax expense: |  |  |  |  |  |  |  |
Federal |  |  | (121,662 | ) |  |  | 263,911 |
State |  |  | (34,367 | ) |  |  | 81,497 |
Deferred tax expense (benefit) |  |  | (156,029 | ) |  |  | 345,408 |
Total |  | $ | (119,646 | ) |  | $ | 1,020,879 |
Schedule of Effective Income Tax Rate | The effective income tax rate differs from the federal statutory rate as follows: Schedule of Effective Income Tax Rate
INCOME TAXES (Details 2) |
|  | Year Ended December 31, |
|  | 2022 |  |  | 2021 |
Federal statutory rate |  |  | 21.00 | % |  |  | 21.00 | %
State taxes, net of federal benefit |  |  | 3.60 | % |  |  | 6.49 | %
Permanent differences |  |  | -5.63 | % |  |  | 1.26 | %
Prior year adjustments |  |  | -5.34 | % |  |  | -1.54 | %
Changes in tax rates and other |  |  | 1.50 | % |  |  | 2.24 | %
Total |  |  | 15.13 | % |  |  | 29.45 | %
Schedule of Net Deferred Tax Assets and Liabilities | Net deferred tax assets and (liabilities) at December 31 consist of: Schedule of Net Deferred Tax Assets and Liabilities
INCOME TAXES (Details 3) |
|  | December 31, |
|  | 2022 |  |  | 2021 |
Net Operating Losses |  | $ | 1,518,394 |  |  | $ | - |
Various Accruals and Deferred Timing Differences |  |  | 230,574 |  |  |  | 36,037 |
Prepaid expenses |  |  | (50,227 | ) |  |  | (31,706 | )
Depreciation |  |  | (4,418,327 | ) |  |  | (3,289,735 | )
Inventory |  |  | (720,891 | ) |  |  | (311,103 | )
Net deferred tax liability |  | $ | (3,440,477 | ) |  | $ | (3,596,507 | )

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | wvvi_DisclosureIncomeTaxesDetails2Abstract
Namespace Prefix: | wvvi_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | wvvi_DisclosureIncomeTaxesDetails3Abstract
Namespace Prefix: | wvvi_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | wvvi_DisclosureIncomeTaxesDetailsAbstract
Namespace Prefix: | wvvi_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration