'This is a huge deal': Alcohol makers get permanent federal excise tax relief as a part of new stimulus package

For many who produce alcoholic beverages, the recently passed stimulus package has more to offer than just $600 checks and another round of forgivable loans. The bill included the permanent adoption of the Craft Beverage Modernization and Tax Reform Act (CBMTRA), a hard-fought federal excise tax relief for small beer brewers, distilleries and winemakers. Some producers have lamented for years that their business models rely heavily on a tax break they fear could vanish. The act, first passed in…