Beginning this year, Small business owners in Washington state can benefit from taking a much larger small business tax credit under a larger tax reporting threshold. In other words, small businesses with higher income might be eligible for the tax credit now, and the credit could cover all of their liability. This new policy opens the door for tax credit eligibility for 2023 which would not have been applied in 2022. Learn how you can leverage this B&O tax credit for your business today by contacting one of our Washington business law attorneys here: Schedule a Meeting – Gravis Law – Business