Tax Credit Program

Put Your State B&O Taxes to Work in Port Townsend!

Love PT? Help keep it vibrant and thriving by pledging to the Main Street Tax Incentive Program! This innovative program allows businesses to put their state B&O taxes to work locally through Port Townsend Main Street.

Each year, the Department of Revenue partners with Washington Main Street to offer tax credit incentives to businesses who want to invest in their Main Street communities.

​As a business owner who pays B&O Tax in Washington State, you can pledge to donate to PTMS through the B&O Tax Credit Program and receive a 75% tax credit on next year’s B&O Tax. 

For example, if a business makes a $1,000 donation by Nov 1st 2026, they will receive a $750 B&O tax credit on their account in Jan 2027, which can be used to pay their B&O taxes. The remainder of the donation (in this case, $250) can be a tax write off in the current year.

​​The donation allows local businesses to support Main Street communities and provides a tax credit so it’s a win-win!

The next pledge window opens at: 8:00am on January 12th, 2026

Did you know?

75% of your pledge comes back to you as a B&O tax credit in 2027!

Your support makes Concerts on the Dock, Uptown Street Fair, Trick or Treat Parade, Winter Lights, Rain Garden Care, Art Wave, and WAY more possible. Plus, projects like benches for Adams Street Park, a downtown bike shelter, and more are on the way! Bonus: Pledge by May 31st and we’ll feature your business name/logo on a summer event banner as a thank-you for your support! You will also receive shout outs on social media, in our eNewsletter a few times throughout the year, and logo online.

Ready to Participate?!

Please follow these easy steps:

Washington State Dept. of Revenue “Main Street Tax Credit” Have your SAW user ID and Password ready. Please note the SAW link is active and should take you to your login page.

  1. Go your SAW account at dor.wa.gov/home and enter your login User ID and Password
  2. Click GET STARTED
  3. Under the Accounts tab click EXCISE TAX
  4. On the excise tax page select the CREDIT tab
  5. Click Add Main Street Application
  6. Scroll down to Port Townsend Main Street Program
  7. Enter your pledge amount
  8. Click the NEXT button
  9. Fill in the authorization field
  10. And Finally hit SUBMIT — Thank you!

For More Information:

For more information on the application process through the Department of Revenue website please reach out to Excise Tax Examiner Chase Johnson at 360-705-6066 or by email: chasej@dor.wa.gov.

If you need further information, please call:

The Department of Revenue: 1-800-647-7706 or visit dor.wa.gov.

Or contact the Port Townsend Main Street Program at 360-385-7911, email director@ptmainstreet.org

A business that successfully requests credit through the DOR website must make their contribution to the designated community by November 8th of that same year.

The state B&O credit becomes available starting January of the following year. Businesses must take the tax credit in the year after the donation is made – the tax credit can’t be carried forward to subsequent years and there won’t be a refund for any credit above and beyond a business’ tax liability.

This is a way to direct your state tax dollars right back into your community.

This program is unique to Washington and has proven to be a catalyst for Main Street communities since 2006!

Thanks to our 2025 Participants!