Excise tax

Navigating the complex terrain of excise taxation and uncovering opportunities

Taylor Cortright

Taylor Cortright

Managing Director, Excise Tax Practice, KPMG US

+1 202-533-6188

Who we are and how we can help

Led by former IRS senior excise tax counsel, KPMG’s Excise Tax practice in Washington National Tax guides clients across all affected industries through a wide range of complex excise tax issues.

In an area that possesses a myriad of specialized rules, our practice helps clients understand their excise tax positions while helping them manage risks and identify potential opportunities for available tax refunds and credits related to excise taxation.

We can help with:

  • Evaluating a company's excise tax positions
  • Advising on the reduction of future excise tax exposure
  • Managing risks related to excise taxation
  • Identifying refund and credit opportunities pertaining to excise taxation
  • Streamlining excise tax-related administrative processes
  • Assisting with excise tax planning, including preparation and review of requests for letter rulings and IRS pre-filing agreements
  • Providing compliance services related to excise tax rules and regulations, including excise tax return and claim filings
  • Considering penalty standards and pursuing opportunities for relief, including penalties for the late filing of excise tax returns, late payments, and late or missing excise tax deposits
  • Supporting clients in complex IRS examinations or at the IRS appeal level, including anticipating, managing, and responding to excise tax issues raised by the IRS and assisting in the drafting of requests for technical advice
  • Working with the Alcohol and Tobacco Tax and Trade Bureau (TTB) in relation to client examinations and ruling requests.

About our Excise Tax practice

Our Excise Tax practice is lead by Taylor Cortright, a former IRS Office of Chief Counsel excise tax attorney responsible for published guidance on excise taxes, technical advice to IRS tax agents, and letter rulings to taxpayers.

Our Excise Tax practice is part of KPMG’s Washington National Tax practice and works with professionals throughout KPMG's Tax, Audit, and Advisory divisions to identify federal excise tax issues across various industry sectors in an effort to provide wide-ranging services to clients.

Our excise tax experience includes:

  • Energy and environmental taxes including conventional and renewable fuels
  • Healthcare related taxes including the branded prescription drug fee and the Patient Centered Outcomes Research Institute (PCORI) fee
  • Manufacturers taxes including heavy vehicles, sporting goods, firearms and ammunition
  • Taxes on heavy vehicles
  • Alcohol and tobacco taxes
  • Foreign insurance excise tax

Learn more about our practice's excise tax capabilities here.

Excise tax insights

Excise Tax Provisions in the CARES Act (COVID-19 “Phase 3” Response)

Tax Provisions in the CARES Act (COVID-19 “Phase 3” Response): Analysis and Observations

Excise tax refund for alcohol used in non-beverage manufacturing

A significant refund (“drawback”) from the federal government may be available to manufacturers that use tax-paid distilled spirits – such as ethyl alcohol – in manufacturing non-beverage products (MNBP) including medicines, medicinal preparations, food products, flavors, flavoring extracts, and perfumes.

Tax reform and alcoholic beverage companies

The new U.S. tax law contains a number of tax reforms with respect to the alcoholic beverages imposted on beer, wine, and distilled spirits.

Treasury offers expanded relief for producers claiming wine production credit

The U.S. Treasury Department’s Alcohol and Tobacco Tax and Trade Bureau announced that for a limited time, “producing wineries” can determine and pay the federal excise tax.

Excise tax news

Stay informed on excise tax-related news with our KPMG TaxNewsFlash archive.

Excise tax news

Stay informed on excise tax-related news with our KPMG TaxNewsFlash archive.

Fuel blending and the excise tax

Keeping fuel blending companies updated with the latest excise tax news.