NBWA Legislative Conference Highlights: Tax Reform a Risk

Dear Client: The nation's beer distributors are enjoying the cherry blossoms in bloom at the NBWA Legislative Conference this week in Washington DC. There's no pending distributor legislation, so this year was more about making sure that comprehensive tax reform, such as it may be, won't include onerous new taxes on small businesspeople like distributors, particularly "pass-through businesses" like S-corps, where the company profits pass through to the individual owners. Also, with so many new faces on the Hill (48%