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Spsteige

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  1. Thanks for the help Paul, I appreciate the links. I have been reading up on the TTB site the past month- I'm slowly but surely grasping the concepts. My main confusion was with the Form 720, specifically with the IRS. Can you offer any insight on this form? Or does it not concern distillers? It is a very likely possibility my research has steered me off course.. in which case, I'm sorry for wasting your time! Thanks again for the help.
  2. I am in the early research stages for micro-distilleries and am a bit confused about the Federal collection of excise tax, IRS, TTB, etc. The IRS provides a tax form "Form 720" for many broad categories of industries requiring an excise tax, including alcohol. I also understand that a distillery must file quarterly excise tax reports with the TTB. Is this Form 720 in congruence with the TTB forms? or not applicable to a distillery producing alcohol for beverage purposes? I couldn't find any relevant information on the Form 720 for a beverage spirit distillery.
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