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.