BIZ – B&O Tax Benefits | Coupeville Historic Waterfront Assoc.

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GET A 75% B&O Tax Credit

Your contributions to the Coupeville Historic Waterfront Association allow you a special Washington state B&O tax credit.

In 2005 Washington State passed legislation to afford ALL businesses in Washington a 75% B&O tax credit when they make a donation to aa Washington Trust and Historic Preservation’s Main Street program awardee (that’s the Coupeville Historic Waterfront Assoc.). We hope you’ll take advantage of it.

Just the Facts

Main Street Tax Credit Incentive General Overview & Legislation

Make a donation to the Coupeville Historic Waterfront Association, claim it, then take a 75% B&O tax credit next year. 75% IS SIGNIFICANT. Talk to your bookkeeper/CPA and weigh the balance of this great tax deal. Sign up for e-file, it’s nerve and cost saving, efficient and pain free. Businesses from ANYWHERE in Washington can donate to the Historic Waterfront and apply for a tax credit using that donation as a base amount.

CHWA’s intentions for these B&O tax credit dollars, returned directly from Olympia, include, but are not limited to, historic catchment improvements, enhanced services, and providing historical and economic support to Coupeville each year.

$1.5 million in tax credits are available statewide. CHWA can receive up to $133,333 in contributions annually that qualify for this tax credit. Taxes are returned in dollars each year to towns across Washington on a first-come, first-served basis as of January 1. Help us be first served. Sign up for e-file and make a donation to the Coupeville Historic Waterfront Association today.

READ from Washington State site HOW IT WORKS

DEPARTMENT OF REVENUE CONTACT: Tiffany Volkman (360) 705-6126 or email tiffanyv@dor.wa.gov7126

BUSINESSES WHO’VE TAKEN ADVANTAGE OF THE B&O TAX CREDIT THROUGH THEIR CONTRIBUTIONS TO THE COUPEVILLE HISTORIC WATERFRONT