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This Week on Tap: Alternative Minimum Tax and Craft Breweries

CalculatorWe all enjoy tax savings, and breweries and distilleries should be taking advantage of recent legislation that went into effect earlier this year that makes the Research and Development tax credit permanent and enhances the tax credit by not limiting the credit to Alternative Minimum Tax (AMT). Further, the legislation provides a new potential payroll tax credit offset opportunity! You can read more about the credit here or contact a member of Verrill Dana's Breweries Distilleries and Wineries Practice Group and Tax Practice Group to discuss more.

Topics: Business & Corporate
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