COVID-19 Tax Relief for Tacoma Business
We understand that this past year has been challenging and many businesses are experiencing impacts due to COVID-19, the Tax & License team is here to help.
We offer payment plans and penalty waiver for those that qualify. To learn more about how we can assist your business, contact Tax & License at (253) 591-5252.
In addition, there may be resources available for your business on the 'COVID-19 Resource' link at makeittacoma.com.
Job Tax Credit
Businesses taking advantage of the job tax credit will not be required to pay back the tax credit used on prior tax periods if they lose eligibility for the credit due to a reduction in workforce because of the state of emergency or a general economic recession.
If you have lost eligibility for one or more job credits due to COVID-19:
Complete a Job Credit Economic Recession/State of Emergency Declaration form and send to taxinfo@cityoftacoma.org or Tax & License, P.O. Box 11064, Tacoma, WA 98402.
An auditor will review the information and determine the positions that remain eligible for the credit.
If you have already paid back job credits used for prior periods but lost eligibility due to COVID-19:
Complete a Job Credit Economic Recession/State of Emergency Declaration form and send to taxinfo@cityoftacoma.org or Tax & License, P.O. Box 11064, Tacoma, WA 98402.
An auditor will review the information and issue a refund if appropriate.
If you have lost eligibility:
Although you are not required to pay back the credit used on prior tax periods, you cannot continue to take the credit on future tax periods that were included in the five-year tax credit term.
Questions?
The Tax & License team is here to help. For questions or concerns, email taxinfo@cityoftacoma.org or call (253) 591-5252.