Washington State's Manufacturer's Machinery & Equipment Sales / Use Tax Exemption is a significant incentive for manufacturers. We find most companies overpay sales tax, even those who think they are taking full advantage of the program. Missing out on the exemption equates to almost 10% more money spent on each eligible purchase. 
 
Result #1: A medium-sized manufacturer thought it was properly claiming the sales and use tax exemption. Our review found most purchases of repair parts for their machinery were in fact not being exempted. With our solution their total tax refund will exceed $300,000.
 
We perform complimentary Refund Reviews for capital-intensive manufacturers to determine if they are properly claiming this exemption. If we find a refund opportunity our fee is structured on a contingency basis so along with most of the refund, the company has a better understanding of the purchases that should be exempt from tax in the future. If our review finds no refund opportunity, the company owes us nothing but has peace of mind they are not overpaying taxes.
 
Sound like a bailout you can use? Contact Darcy Kooiker, Director of State and Local Tax Services. dkooiker@bpcpa.com