Businesses can direct taxes
March 17, 2022
COLFAX – Local business owners can direct taxes back into the community under the Washington Main Street program.
Washington businesses can direct their B&O or PU taxes to the Colfax Downtown Association instead of paying taxes and letting the government allocate the funding, local officials said.
Businesses get a 75% contribution credit to use towards the taxes owed for the following year and they also get to use that contribution as a charitable donation write-off for the current tax year, Downtown Association Executive Director Whitney Bond said.
The funds assist in providing facade gr...
For access to this article please
sign in or
subscribe.
Reader Comments(0)