Tax Bill Sails Through House, On to Senate

This afternoon, the US House voted to pass the tax bill containing the Craft Beverage Modernization and Tax Reform amendment that would lower federal excise taxes for alcohol makers. It will now move to the Senate, which has already commenced the debate process. Then the next step is for it to go to the president's desk, where it will undoubtedly be signed into law.The provision will be effective beginning January 1, 2018 and is expected to run through December 31,