Federal Issues
WSWA monitors many federal issues that are important to our members and the industry. Take a look at the issues below for more information.
Scale

Federal Issues

Key Issue

LIFO Preservation

LIFO is a 80+ year-old GAAP-approved inventory accounting system which is used by more than a third of all U.S. companies - it was added to the U.S. tax code to address the corrosive impact of inflation on the ability of U.S. companies to maintain adequate levels of replacement inventory. The need for LIFO has not changed.

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Federal Issues

Key Issue

Pass Through Entity Taxation

Any tax program must be comprehensive in nature – taking into account both personal and corporate tax rates - including S Corporations, partnerships, limited liability corporations, and sole proprietorships.

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Federal Issues

Key Issue

Postal Reform

As Congress seeks to make the United States Postal Service (USPS) solvent, it is imperative that individual state laws concerning the direct to consumer shipping of wine, beer and spirits are respected.

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Federal Issues

Key Issue

TTB Funding

Congressional appropriators should fully fund the Alcohol and Tobacco Tax and Trade Bureau.

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Federal Issues

Key Issue

Impaired Driving

WSWA remains steadfast in its commitment to fighting drunk driving. Ignition interlocks are an important new technology that will help combat drunk driving.

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Federal Issues

Key Issue

Cannabis Legalization

WSWA believes the federal government should respect the right of states to establish a safe and well-regulated cannabis marketplace.

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