Electronic Filing Now Available for Alcoholic Beverage Tax Return

New York State recently updated the Alcoholic Beverage Tax Return to allow for electronic filing beginning with returns due January 20, 2021. NYS has created the MT-456 which replaces the MT-40 but remains very similar in the required information needed and added fields that can be filled in electronically. Please note- you will first need to save the form to your computer before you begin filling in information, or else the data you input will not save.

To use the new electronic Web File system, you are only required to have a business online services account through New York. This account is free and does not involve the downloading of any software. The portal will walk you through filling out the return and you will be asked to upload your Schedules A and B if you are required to fill those out. You will also have the ability to pay your taxes online, although you are still able to file your return by mail and are not required to transition to electronic filing immediately. Please visit https://www.tax.ny.gov/bus/ads/webabt.htm for more information, video instructions, and more.

New Tax Law & PPP Loan Updates Under the Consolidated Appropriations Act

February 25 | 11 AM - 12 PM EST
An update on recent changes in the deductibility of expenses related to PPP Loans and details on the second round of PPP loans.
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New York Wine & Grape Foundation

The mission of the New York Wine & Grape Foundation is to promote the world-class image of New York grapes and wines from our diverse regions to responsibly benefit farmers, producers and consumers through innovative marketing, research, communication, and advocacy.