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Found 6 results

  1. until
    Register for Free at Eventbrite The Virtual Public Policy Conference, hosted by the American Craft Spirits Association and the Distilled Spirits Council of the United States, provides distillers, owners or operators of DSPs, sales or front of the house teams, investors, and suppliers to our spirits industry the opportunity to engage directly with lawmakers in the nation’s capital and advocate for parity with beer and wine on FET relief, trade support, and other critically important issues. Given the unprecedented challenges affecting the country, we must not get lost in the pressing ma
  2. Happy Tuesday Morning to you, Dearest ADI Forum Go-ers!!!!!! In today's installment of the TMIT all I have to day is this. HAPPY NEW YEAR TO EVERYONE!!!!!!!!!! This has been an outstanding year, don't get me wrong. The FET extension, all of the new clients I have assisted, all of the past clients that I continued to enjoy yet again in 2019, and all of the amazing folks that I speak to everyday. I am fortunate, but I am Sooooooooo looking forward to 2020. I think it is going to be an amazing year, and the start of a fantastic new decade. So, enjoy your celebrations, be safe, and
  3. Happy Tuesday to all of you, my dearest readers, As you may have noticed, we have gone a couple of weeks without the weekly installment of the TMIT, and for that I apologize. As it turns out, InsuranceMan 2.0!!! was otherwise occupied fighting many facets of E V I L !!!!! From some family illness, to working on several very important top secrete projects (hopefully to be announced first here in the future), I have had to take a bit of a reprieve and structure some things differently for a time. Alas, I am back, and with a VENGEANCE (insert cool sound effect here)!!!!!!!
  4. All, I just wanted to share an article that I was honored to be featured in recently that discusses the new lower FET rates, and what needs to happen at a grass roots level in order to make sure that the rates are extended beyond the 2019 date. I have done a lot of work with different groups in regards to the impact that this new rate has had throughout the industry but I would implore you, the owners of distilleries, do everyone a huge favor ... Document, document, document! Of all the groups I have worked with, and all the discussions I have had, the most important factor in the
  5. Good Morning Dear Readers, In today’s installment of the “Tidbit”, I wanted to touch upon bonding since it has been something that many folks have asked me about recently. I know, I know, bonding for the most part for many of you has been a non-factor in the recent years … OR HAS IT!??!?!! Dun-duh-daaaaah!!!!!!!!!! I wrote a little posting here a while back about bonding and the fact that the Fed’s never really, clearly defined the new Federal Excise Tax’s (FET’s for those of us in “the know”) reduction, and whether or not you should carry a bond. At the time that they
  6. Hello, The Federal Excise Tax will help use all out, no doubt. Here are some things you want to think about. 1. It is on the first 100,000 Proof gallons per DSP. I do contract bottling, each DSP is worth $1,080,000 if maxed out. I will be applying for another DSP to take advantage of this. I will be applying for more if I come close to maxing out my first 2 DSP's. 2. My bond for my DSP lets says is $80,000 @ $13.50 a proof gallon I could only have 5925 Proof gallons on hand at any time. But now $80,000 bond I can have 29,629 proof gallons on hand at any time. So for people th
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