Skip to content

Blog

How Distilleries Should Plan For The Future

May 10, 2021

There is reason to believe that 2021 will be a good year for distilleries. Congress has made a temporary tax reduction permanent, and many distilleries are benefiting from changes in regulations that allow direct-to-consumer (DTC) shipping and cocktails-to-go. Furthermore, the EU has issued a four-month…

Gratitude in 2020

November 30, 2020

Well, 2020 hasn’t gone the way anyone predicted. But for that reason, I think it’s all the more important to remember the things that have gone well. Here at KBSCFO, some things haven’t worked out, but many things have gone right this year. The more…

The Ticking Time Bomb of the Excise Tax Increase

October 28, 2020

As you are probably well aware if you run a distillery, the prospect of an increase in the excise tax for distilled spirits is hanging over the industry’s head. In December 2017, Congress passed a bill that included a provision to temporarily lower the federal…

When Piloting Your Business Doesn’t Mean Smooth Sailing

September 23, 2020

Recently I’ve been taking sailing lessons on the nearby Chesapeake Bay. It’s been a fun and relaxing pastime during a particularly stressful year.  My sailing instructor has been teaching me watercraft safety rules and sharing some cautionary tales. What has been striking to me is…

Announcing DistilleryCFO!

September 2, 2020

Did you know that KBS CFO has practice that specializes in working with distilleries? Powered by KBS CFO, DistilleryCFO (www.distillerycfo.com) focuses on the success, growth, and sustainability of distillery businesses. DistilleryCFO is a one-stop solution, addressing the financial and technological elements of running a distillery…