LIFO (Last-In, First-Out) is a widely-accepted inventory accounting used by large and small companies throughout the U.S. economy since 1938. Virtually every WSWA member company uses the LIFO method.
Any tax reform effort must be comprehensive in nature – taking into account changes to both personal and corporate tax rates. In recent years, there have been attempts to force most pass through entities – S corporations, partnerships, limited liability corporations, etc. – to become C corporations.
Congress should fully fund the Alcohol and Tobacco Tax and Trade Bureau (TTB) at $111 million in FY 2017, including $5 million dedicated to trade practice enforcement.
The Winter State Policy Conference provides an opportunity for wholesaler state association leaders to discuss the political and legal issues facing wholesalers across the country. By comparing notes and discussing strategy, the meeting increases the effectiveness of state associations and allows wholesalers to speak with a unified voice. The WSWA staff use this as an opportunity to receive input from state associations leaders and the implementation of national legislative and legal goals. View the 2017 agenda here. 2017 Winter State Policy Conference The Ritz-Carlton San Francisco, CA December 6-8, 2017 For more information, contact Kari Langerman.
Mark Your Calendars: 75th Annual Convention & Exposition April 30 - May 3, 2018 Caesars Palace Las Vegas, NV 2018 Fly-In & “Toast to Congress” June 12-13, 2018 Hotel Location TBD Washington, DC The “Toast to Congress” will be held at Eastern Market 76th Annual Convention & Exposition March 31 - April 3, 2019 Grande Lakes Orlando Orlando, FL 2019 Fall Membership Meeting October 14-15, 2019 The Ritz-Carlton, Washington, DC Washington, DC 77th Annual Convention & Exposition April 21-23, 2020 Caesars Palace Las Vegas, NV
American family-owned wine and spirits wholesalers are the local marketing and logistic experts in every state and every Congressional district. Members of the Wine & Spirits Wholesalers of America deliver the widest variety of beverage alcohol products anywhere in the world in a manner that is safe, transparent, well-regulated, and efficiently taxed.
The nation’s nearly 3,000 wine and spirits wholesaler locations are the crucial part of the responsible and efficient distribution system that delivers adults the widest variety of products available anywhere in the world in a manner that controls access for of-age consumers, delivers tax revenue to local, state and federal governments, and ensures product safety and consumer protection.
Wine & Spirits Wholesalers of America (WSWA), the trade association representing American family-owned distributors today praised the U.S. House of Representatives for passing its tax reform plan. WSWA President and CEO Craig Wolf released the following statement:
Wine & Spirits Wholesalers of America (WSWA), the trade association representing American family-owned distributors today lauded the U.S. Senate’s tax reform plan saying the proposal will benefit its members and their tens of thousands of employees in every corner of the country. WSWA President and CEO Craig Wolf released the following statement:
Wine & Spirits Wholesalers of America (WSWA), the trade association representing the country’s family-owned distributors today praised Chairman Brady’s recently released tax reform plan, H.R. 1, the “Tax Cut and Jobs Act,” and urged Congress to act quickly.