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B&O tax incentive workshops scheduled

Colfax Downtown Association will sponsor a workshop on how Business and Occupation (B&O) tax payments can be used in Colfax to directly benefit the community Wednesday, Jan. 16, at 7-9 a.m., 11:30 a.m. and 4 to 7 p.m. at The Center at Colfax Library. This is an open house format so business owners can stop in any time during the posted hours.

Because Colfax Downtown Association is part of the Main Street program, Colfax businesses are eligible for a tax credit worth 75 per cent of the contribution for 2020 taxes. Application is made to the Department of Revenue and once approved, the business...

 

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