Monthly Archives: December 2020

Senate OKs $900 Billion Covid Relief Package Making Lower FET Rates Permanent, Restoring Business Meal Deduction

Posted on December 22, 2020 by Joel Whitaker

The Senate passed, 92-6, a $900 billion Covid relief bill along with a $1.4 trillion spending bill to fund the government through September.  President Trump is expected to sign it, the White House said. Buried in the 5,593-page piece of … Continue reading →

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House Passes Permanent FET Reform

Posted on December 21, 2020 by Joel Whitaker

The U.S. House of Representatives passed and sent to the Senate the Craft Beverage Modernization & Tax Reform Act.  Once passed by the Senate, President Trump is  expected to sign CBMTRA, making a reduced Federal Excise Tax (FET) permanent for … Continue reading →

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Ron Abuelo Introduces Two Oaks Rum to the U.S. Market

Posted on December 21, 2020 by Joel Whitaker

Varela Hermanos said Ron Abuelo XII Años Two Oaks, Selección Especial (SRP, $59.99), its newest aged rum from Panama, is now available in the U.S. market.  SRP: $59.99. It’s crafted from an exquisite blend of aged (between 8  and 40+ … Continue reading →

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Kōloa Rum Debuts Five-Year Aged Hawaiian Rum

Posted on December 21, 2020 by Joel Whitaker

Kōloa Rum Co. launches the brand’s third aged rum release, single-barrel Kōloa Kaua’i Reserve Five-Year Aged Hawaiian Rum.  It’s bottled at cask strength. “We released our first aged rum in 2018 following more than five years of research and experimentation to … Continue reading →

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Consumers Want to Know What’s in Their Wine, Say It Won’t Affect Purchase

Posted on December 21, 2020 by Joel Whitaker

Wine drinkers are more interested in knowing the ingredients in the wine they drink than the nutritional values.  But neither ingredient nor nutritional labeling would affect purchase decisions for the majority of respondents, a survey by Wine Opinions and co-sponsored … Continue reading →

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Number of Locations Pouring Beer at Lowest Since June

Posted on December 21, 2020 by Joel Whitaker

The failure of elected public officials to mandate widespread mitigation testing resulted in only 81% of locations surveyed by BeerBoard being open and pouring beer this past weekend, BeerBoard said.   That’s down dramatically from the Oct. 23-26 weekend, when 92% … Continue reading →

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