The TTB announced on March 31 that they will postpone excise tax filing and payment due dates for 90 days. The full announcement and details of their plan can be read in their newsletter.
The craft beverage coalition, which the American Cider Association is proud to support, asked for excise tax relief in a joint letter on March 19.
In the announcement, the TTB acknowledged that the alcohol industry is hurting due to the COVID-19 pandemic.
“The Alcohol and Tobacco Tax and Trade Bureau (TTB) recognizes that businesses that we regulate are being severely impacted by COVID-19. To assist these businesses during this period, we are postponing several filing and payment due dates for 90-days where the original due date falls on or after March 1, 2020, through July 1, 2020.”
The American Cider Association applauds the TTB for responding to the needs of the industry during this time.