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Tag: Tax Reform

Valenzano Family Winery Issues Christmas Bonuses and Creates a New Position After Passing of Tax Cut & Reform Bill

Valenzano Family Winery Issues Christmas Bonuses and Creates a New Position After Passing of Tax Cut & Reform Bill

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 cut and reform bill will create economic stimulation which will have a massive effect on the economy in 2018. So much so, once we were certain this bill was going to pass we issued […]

By December 28, 2017 0 Comments Read More →
Congress Passes First Wine Excise Tax Reduction in 80 Years

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 to enact the first reduction in wine excise taxes in over 80 years and only the second reduction in the nation’s history. The comprehensive tax legislation (H.R. 1) passed by […]

By December 20, 2017 0 Comments Read More →
House and Senate Members Reintroduce the Craft Beverage Modernization and Tax Reform Act

House and Senate Members Reintroduce the Craft Beverage Modernization and Tax Reform Act

On Monday January 30th, leading House and Senate Members reintroduced the Craft Beverage Modernization and Tax Reform Act. This comprehensive bill would drastically reduce the federal excise tax (FET) burden on wineries, breweries and distilleries. Every congressional district in the United States includes a brewery, winery, distillery, importer or industry supplier, all of whom operate under […]

By February 1, 2017 0 Comments Read More →
Majority of US Senators Support Federal Excise Tax Reform Alcohol Industry Celebrates Collaboration at Reception

Majority of US Senators Support Federal Excise Tax Reform Alcohol Industry Celebrates Collaboration at Reception

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 Reform Act (S.1562). This bi-partisan bill seeks to lower the tax burden for all wineries, breweries and distilleries in the United States. It is the first bill proposed that would reform […]

By September 30, 2016 1 Comments Read More →