Commentary
Avery long time ago, in the era of paper tax return forms for state business taxes, I happened to read, perhaps more thoroughly than before, some of the State of Washington tax forms I was filling out for my practice. I’m sure I had read this item more than once, but somehow it reached that level of consciousness which triggered action.
Action meant calling a state tax entity. Such a call requires some significant thought-percolation before picking up the phone.
On that old original form and on the website forms now, I’m pretty sure, the Department of Revenue had and has a line suggesting the availability of a tax deduction for Research and Development expenditures….