2017 B and O Tax Credit Supporters:
Interested in participating in the B&O tax credit program? Want to know more?
Contact the Roslyn Downtown Association today!
Attention Companies and Business Owners:
You Can Benefit Historic Roslyn, WA
Did you know….Washington tax law contains a special provision that allows you to direct how 75% of your B&O taxes are to be spent? Imagine being able to direct your B&O tax payments directly benefiting Historic Roslyn. It’s called the Main Street Program.
Here is an example of how it works: You decide you want to direct $10,000 of your B&O Taxes to the Roslyn Downtown Association. You write a check for the full $10,000 in 2018 and then next year 2019, you get to claim a credit for the $7,500 in B&O Taxes you directed to the RDA. Plus, because the RDA is a recognized 501(c)(3) non-profit entity you can also deduct your $2,500 as a charitable donation for taxes purposes .
But…this window closes soon. These tax credits often sell out within the first few days of January, so if you are interested now is the time to act. In other words, these unique tax credits are available on a first-come, first-served basis, so pledge NOW! Best of all, your payments can be made as a single contribution or in installments, whatever works best with your cash flow.
Call the RDA today to learn about the 2018 B and O tax credit opportunity and other ways to give.
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