Craft brewers are staring down the (federal excise tax) barrels

As summarized last summer by CNBC, “One provision in the 2017 tax overhaul has slashed federal excise taxes for the craft beer, wine and distilling sectors. But the excise tax relief will sunset at the end of this year unless Congress extends it. There’s a push underway by a coalition of industry groups to get a bill passed that makes the excise tax cuts permanent.” In a recent news r ......Read more