What? You don’t like tax talk first thing in the morning? Sorry. I find that after an extended break from work that is … Read More
How craft breweries can adjust to the complex TCJA before the next tax season
Having approached the half-way point of 2019, now is the time to begin thinking about the next tax filing season and how … Read More
Enjoy April’s 2019 domestic tax paid estimates, via the Beer Institute
Recently, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for April … Read More
Details on the proposed tariffs on foreign stainless-steel kegs and Mexican imports
Grab your helmet and swagger stick. New fronts on the Trump trade war have opened up. Import taxes on kegs and Mexican … Read More
Let’s learn how breweries can accelerate tax deductions by prepaying certain expenses
Nine times out of 10, accelerating tax deductions is going to be beneficial to a taxpayer. Saving tax, preserving cash … Read More
What craft breweries need to know about tax reform and equipment acquisition
The Tax Cuts and Jobs Act of 2018 (TCJA) is positioning businesses, including craft breweries, for growth and … Read More
The Tax Cuts and Jobs Act has new inventory rules that can save craft breweries tax money
The Tax Cuts and Jobs Act (“TCJA” or the “Act”) was signed into law in late 2017, marking the largest change to U.S. tax … Read More
How tax credits can make breweries more profitable
Although the growing movement in craft beer is great for the industry as a whole, the increase in the number of … Read More
Explaining Pennsylvania’s brewery retail beer sales tax: Why it’s a murky subject and why bars and restaurants are exempt
There's been lots of confusion in the craft beer industry and in the press about Pennsylvania's new retail sales tax on … Read More
Did you know breweries can now transfer beer to each other without being taxed? Here’s the TTB guidance
The Tax Cuts and Jobs Act of 2017 signed in December 2017 made a bunch of changes to the Internal Revenue Code of 1986 … Read More