TTB e-newsletter for Might 7, 2021

IN THIS MATTER

Best regards! This week we’re introducing our TTB Brewers Bootcamp to be unveiled at the Craft Brewers Conference 2021, a Federal Register Notice published by CBP about changes to their tax collection process for optional deferred tax payments and a TTB vacancy for a tax auditor.

TTB PRESENT BOOTCAMP FOR BREWERS

In collaboration with the Brewers Association, a trade association that represents craft brewers, we will re-launch our popular TTB Bootcamp for brewers at the Craft Brewers Conference 2021 * on September 9, 2021 in Denver, Colorado.

This year’s boot camp includes five sessions:

• Introduction to the TTB Bootcamp: The Basics
• Low alcohol and non-alcoholic beers and malt beverages
• Taxes, Returns, and Operational Reports
• Formulas
• labeling

Whether you are already planning a brewery or a brewery, these bootcamp sessions provide a wealth of information on the operational needs of the TTB brewery.
Education and public relations are our priority. We hope that you will bookmark the TTB public relations program website and take advantage of the upcoming opportunities to meet and learn from TTB staff.

* Conference registration fee and meeting registration required; Participation in TTB depends on the travel guidelines for federal employees in force in September.

CHANGES TO THE COLLECTION PROCEDURE FOR DELAYED TAX PAYMENTS ON CONSUMPTIONS OF DISTILLED SPIRITS, WINE AND BEER INTRODUCED INTO THE UNITED STATES

This Federal Register Notice, published by the U.S. Customs and Border Protection (CBP), announces changes to the CBP tax collection process for certain alcoholic beverage importers who pay tax to CBP semi-annually.

SOURCE: Federal Register / Vol. 81 / Thursday April 29, 2021 / Notices

AGENCY: U.S. Customs and Border Protection, Department of Homeland Security.

ACTION: General remark.

SUMMARY: This document announces that the U.S. Customs and Border Protection (CBP) is changing the collection process for deferred payments of internal income taxes owed on consumption records of distilled spirits, wines, and beer (excluding bulk) imported into the U.S. The main change announced in this announcement is to harmonize the determination of the due date for deferred tax payments with the date of the summary of the entry. Another change is the consolidation of all deferred tax entry invoices from all ports of entry for a six-month period into consolidated invoices that are displayed in the Automated Commercial Environment (ACE). CBP further facilitates the payment of deferred taxes by lifting the current policy restrictions on filing deferred tax records and removing the now unnecessary bi-monthly excise form (greater than 50) for importers paying deferred taxes through Pay.gov. Finally, CBP is adding a new deferred tax payment method in ACE, while eliminating a current but lesser-used payment method available through Fedwire.

EVENTS: The changes to the deferred tax collection process announced in this announcement will take effect May 1, 2021, with the exception of the elimination of the current payment method with Fedwire. To give Fedwire users time to switch to another payment method, CBP is granting a longer transition period until June 30, 2021. As of July 1, 2021, CBP will no longer accept deferred tax payments via Fedwire.

ADDRESSES: Comments on this CBP notice can be emailed to the ACE Collections Team, Investment Analysis Office, Office of Finance, U.S. Customs and Border Protection at ACECollections@cbp.dhs.gov at any time. The subject line is “Deferred Tax Processing”. ‘

FOR FURTHER INFORMATION CONTACT: Steven J. Grayson, Program Manager, Investment Analysis Bureau, Finance, U.S. Customs and Border Protection, at (202) 579-4400 or steven.j.grayson@cbp.dhs.gov.

TTB CAREER OPPORTUNITY

We are looking for candidates to fill one Auditors Position in the tax auditing department. TTB auditors perform excise tax audits on members of the alcohol, tobacco, firearms and ammunition industries, among other things.

For more information on this opportunity, see job posting: 21-TTB-44-P

TTB Newsletter Archive >>>

Disclaimer of liability

US Bureau of Alcohol and Tobacco Taxes and Commerce posted this content on May 07, 2021 and is solely responsible for the information contained therein. Distributed by the public, unedited and unchanged, on May 07, 2021 14:51:01 UTC.