Tag: Tax Reform
Afternoon Brief, May 11
Small Wineries Hoping for Tax Cuts Face Massive Tax Hikes Instead
Last year's big tax bill included excise-tax cuts for American wineries, but an error means many now face a potential tax hike...
Louder and More Unified Voice for Wine Needed in Washington D.C.
Coming off the announcement a few days before Christmas that federal excise taxes on wine, beer, and spirits were being reduced as part of President Donald Trump’s tax reform bill, WineAmerica president Jim Trezise has something substantive that he can build his hour-long workshop around. Scheduled for 4 to 5 p.m. Feb. 21, the program entitled “Washington D.C.: Politics, Policy and Your Bottom Line” will wrap up the first day of the third annual conference.
How Tax Reform Could Impact the Wine, Beer, and Spirits Industries
On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act (TCJA) into law. Within the legislation, which became effective January 1,...
Valenzano Family Winery Issues Christmas Bonuses and Creates a New Position...
Shamong, NJ - Although the bill’s reduction of the corporate tax rate does not directly affect companies setup as LLCs, we are certain that the tax...
Congress Passes First Wine Excise Tax Reduction in 80 Years
Historic Legislation Will Provide Significant Benefits and Reduce the Federal Excise Tax Burden on All Wineries
Washington, D.C. — Wine Institute applauds today’s Congressional action...
House and Senate Members Reintroduce the Craft Beverage Modernization and Tax...
On Monday January 30th, leading House and Senate Members reintroduced the Craft Beverage Modernization and Tax Reform Act. This comprehensive bill would drastically reduce...
Majority of US Senators Support Federal Excise Tax Reform Alcohol Industry...
Senators Heidi Heitkamp (D-ND) and Barbara Boxer (D-CA) became the 51st and 52nd US Senators to officially co-sponsor the Craft Beverage Modernization and Tax...
