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.
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 firstname.lastname@example.org
2016 B&O Tax Credit WINNERS
Dr. Julie Grove DDS
Harbor Gifts & Kayak Rental
Thanks to all those who tried to contribute but came in after the state’s cap had been met. Try again next year!~
PAST BUSINESSES WHO TOOK ADVANTAGE OF THE B&O TAX CREDIT FOR COUPEVILLE