WSSA Can Help You Obtain Tax Credits & Reduced Rates from CBMA!

WSSA has been keeping track of the new tax reform bill – the Craft Beverage Modernization Act (CBMA) and we have prepared a complete summary of the impact, guidelines for obtaining the credits and a program to assist our members with the data analysis and processing.

Why choose WSSA to help claim tax credits and reduced rates? 

Knowledge of CBMA implications and impact on your bottom line

Staff devoted to researching eligibility and assisting with producer nominations

Ability to monitor entries so liquidation date and deadlines for filing PSCs (Post Summary Corrections) or Protests are not missed

Model created for analysis of entry data and calculating credits owed per entry

Out-source your preparation of forms required for filing including: CBMA worksheet, Control Group declaration and Assignment Certification

POTENTIAL REFUNDS:

The first 12,618 nine-liter cases of imported wine = $216,000

Imported beer is eligible for a refund of $0.01 per 12 oz. can

20,000 pf gallons of imported spirit = refund of $216,000

FULL SERVICE ANALYSIS:

Review import structure and producer relationships to determine eligibility per producer.

Provide template for Producer Reduced Rate/Tax Credit Authorization Assignment and assist with collecting executed letters.

Review 2018 volumes by producer or via entry report or copies of CF7501 documents to prepare analysis.

Provide details of estimated tax credit due for 2018 entries.

Fee structure based on volume and complexity of your business.

CALL US TODAY TO SET UP A CONSULTATION! 

1-800-368-3167