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 the House level of $123 million in FY 2019.
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 2018 agenda here.
For more information, contact Ryann Squier.
Mark Your Calendars:
76th Annual Convention & Exposition
March 31 - April 3, 2019
Grande Lakes Orlando
2019 Fall Membership Meeting
October 14-15, 2019
The Ritz-Carlton, Washington, DC
77th Annual Convention & Exposition
April 21-23, 2020
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.
Today, Wine & Spirits Wholesalers of America (WSWA) celebrates the repeal of Prohibition and marks the 85-year success record of the modern beverage alcohol system in America.
Association Files Brief in Tennessee Wine & Spirits Retailers Association v. Clayton Byrd, Et Al.