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Category: News-FP
Front Page News
Spirits Lead in Off-Premise Sales
According to recent Nielsen data, Alcoholic Beverage retail sales are soaring amid the pandemic. The year-over-year growth rate for total off-premise sales is +39.5% for spirits, leading both wine (+23.7%) and beer/cider (+21.2%). While ready-to-drink cocktails and Tequila saw the biggest rise, nearly every spirits category saw at least 30% growth in recent weeks. Check...
COVID-19 Postponed Tax Deadline Reminders
An Important Reminder from the Alcohol and Tobacco Tax and Trade Bureau We want to remind industry members of the due dates for tax returns, tax payments, and operational reports. On March 31, 2020, TTB issued guidance that postponed certain tax payment and other filing due dates. In July, the postponed payment and filing deadlines from April...
DtC Challenges in COVID-19
Check out the July 2020 edition of the ACSA digital magazine, which features discussion around COVID-19’s affect on the direct-to-consumer debate and the challenges we will face moving forward. Read the article and full issue here: Craft Spirits July 2020
CADG Reopening Webinar
Click here to watch the full 1-hour Pop-Up Webinar hosted by CADG on June 24 2020 Before opening, every distiller should have a plan in place that maximizes the opportunity for a successful and sustained reopening. In the webinar, CADG examines the best practices distillers should keep in mind as they finalize their reopening plans....
CCBA FAQ on Stage 3 Reopening Process
California issued guidance for the re-opening of bars, taverns and brewery tasting rooms last week that includes removing the requirement for alcohol to be served only with the purchase of food. Additionally, the ABC modified their COVID relief, including the application to expand your premise, to reflect this change. This guidance will be applicable to your brewery once your county has been...
FET Payment Deferrals
Senators Sign Letter Seeking Deferment of FET Payments From Craft Spirits Magazine: Nearly two dozen U.S. Senators on Monday signed a letter asking Secretary of the Treasury Steven Mnuchin to defer all deadlines for collecting federal excise tax (FET) on domestic and imported beverage alcohol through Dec. 31. Previously, the Department of the Treasury delayed...