Blog

The downs and ups of TTB Permits Online

The TTB’s platform, Permits Online is about to come out with an updated version. This platform was first launched in 2011 and is used (in the wine world) by any business that is filing an application to start a new wine business or to file amendments beyond that. My office uses it on  a close […]

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Wineries- Are you submitting the wrong TTB report?

Many US wineries have gotten a bit of a scare in the mail lately. The scare is not a real one however, but rather a notice sent to them addressed from the “Department of the Treasury” which has a general tendency to get the heart rate going. These letter notices are informing  wineries that they’ve […]

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TTB Alternate procedure for US wineries & their warehouses

Wine warehouse storage facilities in the US are jumping for joy these days. Why? They no longer (since Jan 1 2018) have to fiddle around with deducting credits off their winery clients TTB excise tax payments. Why? Plain & simple, they cannot. This change is just one of the  results of the new tax law […]

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TTB Excise tax updates US wineries need to know NOW

If you are a regular reader of my blogs and/or viewer of videos on my Youtube channel you’ve seen the info I’ve been sharing about all the changes impacting US wineries specific to their TTB compliance which went into effect on January 1st of 2018. There was one area that had not been made entirely […]

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Info on the new & improved TTB 5120.17 report

As promised the TTB released their updated version of the 5120.17 report earlier this week. (702 report- for all who still like to call it that) For any wineries that are required to file this report on a monthly basis it comes just in time as January’s report is due today. (15th) This new & […]

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New year – new changes to make to your TTB compliance

As of January 1, 2018 the changes put into place by the tax bill passed in December by congress are in effect according to the TTB’s website. So far the TTB has put together some initial information on what the changes will mean for US wineries specific to their record keeping and TTB reporting. (5120.17 […]

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Do you have a “quick question” about your compliance?

I hear from a lot of people who are reaching out for guidance and begin by stating “I’ve got a quick question”. Now whether or not their question qualifies as “quick” on my end remains to be seen, though many of them are. There is no shortage of areas that I hear questions about from […]

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Big changes coming for TTB winery compliance in 2018

The major headlines about the monster tax bill that just cleared congress don’t sound like good news for many US residents. US wineries on the other hand do stand to have a happy 2018 as a result of it. The TTB just posted a brief statement related to it in their latest email newsletter, essentially […]

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