@BoxwoodEstateWinery @boxwoodwinery Locate in Middleburg, VA, Boxwood Estate preserves American history while embodying the future of the wine industry. Boxwood Estate’s history began in the eighteenth century as one of the first horse farms in Virginia. Later, the estate would bear witness to the Civil War. In the twentieth century, it would serve as the home … Read more
The TTB has issued some initial guidance on how the new federal wine excise tax credits will work as implemented by the Tax Cuts and Jobs Act late last month. First and foremost, it is clear that the tax rates are for the calendar years 2018 and 2019. All 2017 excise tax filing needs to … Read more
by Michael Kaiser, Vice President 1.5.18 On Friday, December 22, 2017 President Donald Trump signed the Tax Cuts and Jobs Act into law. The bill was a sweeping overhaul of the United States Tax Code and features the first reform of federal alcohol excise tax since 1991. WineAmerica was instrumental in getting the wine excise … Read more
December 19, 2017, Washington, DC– WineAmerica, the National Association of American Wineries, today hailed the passage of federal alcohol excise tax reform legislation as a new opportunity for growth of the American wine industry. The Tax Cuts and Jobs Act, which President Trump is expected to sign soon, includes key provisions of the Craft Beverage … Read more
*The following are estimates for Table Wine. The current tax rate reflect table wine between 7-14% ABV. The new rate reflects a raise in Table Wine ABV to 7-16% ABV.