ALERT: Federal Excise Tax Reduction Now Officially Permanent

Dear Client:  It was touch and go there for a moment. But the temporary federal excise tax reduction which was passed in 2017, is now permanent, as President Trump late last night signed it into law.  "With his signature, the excise tax relief secured in the 2017 Tax Cuts and Jobs Act will permanently continue, providing our industry with the long-term certainty it needs to rebound from the COVID-19 pandemic, and continue to grow, innovate and serve America’s favorite beverage alcohol!"