A keg fleet is only as strong as its weakest keg. The highest quality stainless steel kegs are inert, hygienic, and exceptionally durable – but they need to be kept that way. Kegs have a tough life. From brewery to bar, they’re rolled, bumped, and thrown. Over time, can undermine their integrity, and in turn, […]
B.Y.O.P. – “Bring Your Own Packaging” might not catch on in pop culture vocabularies, but it’s a familiar idea for brands. With craft brewers making up nearly a quarter of the beer market share in the United States, competition is intense; according to research, 71% of craft beer consumers decide which product to buy at the point […]
The SBA Administrator announced major enhancements to the COVID Economic Injury Disaster Loan (EIDL) program, a federal disaster relief loan designed to better serve and support our small business communities still reeling from the pandemic. The SBA is ready to receive new applications immediately from small businesses looking to take advantage of these new policy […]
Global NY Loan Fund – Distilled and Fermented Beverage Initiative – $5 million Through the Distilled and Fermented Beverage Initiative, ESD will provide zero percent interest loans in principal amounts between $10,000 to $50,000, with terms of up to seven years, directly to New York State’s small and medium-sized companies in either the distilled or […]
U.S Breweries Spend Over $200 Million Annually On Energy That number is staggering. More to the point, energy consumption can run up to 8% of the total production cost of beer, which makes efficiency a critical factor, especially in times of high energy price volatility. At Marathon Energy, we pride ourselves on working to minimize […]
The Craft Beverage Modernization and Tax Reform Act (CBMTRA) of 2017 gave the craft brewing industry a lift by temporarily lowering the federal excise tax for breweries, wineries, and distilled spirit producers. The act took effect on January 1, 2018, and is currently set to expire on December 31, 2019. But on February 6, U.S. […]
Live Oak Bank is committed to providing free educational content for NYSBA members. In the free tax webinar the recent changes to the Tax Reform Act and tax incentives for brewery owners are discussed. The webinar is on demand. You can listen any time and submit questions. The recent changes to the U.S. tax code have provided […]
Starting January 1, 2017, if you are a TTB-permitted entity owing less than $50,000 in excise taxes in the previous year and expect to owe less than $50,000 in the current year on beer, distilled spirits, or wine, you will no longer be required to hold a bond. Because the bond exemption does not go […]