Tuesday, September 17, 2019

Latest Administrative Decision

In the latest Administrative Decision, posted today, the issue is whether a taxpayer owes tax, interest, and penalty on Rhode Island source income from 2010. Details are contained in Administrative Decision 2019-05.

Friday, September 13, 2019

Estimated taxes due Monday

Don't forget that Monday, September 16, is the deadline for quarterly estimated taxes. For more information, click here and here.

Monday, September 9, 2019

Guidance for pass-through entities

The Rhode Island Division of Taxation today posted estimated-tax guidance for pass-through entities that elect to pay Rhode Island's new entity-level tax. For details, click here.

Thursday, September 5, 2019

Estimated tax payments due September 16

The Rhode Island Division of Taxation reminds tax professionals, taxpayers, and others that quarterly estimated payments are due on or before September 16 this year. (Normally, the deadline is September 15.) For details, click here.

Wednesday, September 4, 2019

E-filing schedule this weekend

The Internal Revenue Service has announced that the modernized e-file (MeF) system will be temporarily unavailable for a time this coming weekend due to maintenance. As a result, federal and Rhode Island e-filing will be unavailable during the period.


The MeF system will be shut down from 7:00 a.m. Eastern time on Saturday, September 7, 2019, through 6:00 a.m. Eastern time on Sunday, September 8, 2019. 

The IRS will not be accepting electronically filed federal tax returns during the period. Also, the joint fed-state e-file program will be unavailable during the period. Therefore, Rhode Island returns transmitted via e-file during the period will not be transmitted to the state. Tax preparers and taxpayers should plan accordingly.

Thursday, August 22, 2019

Security Summit warns of scam

The Internal Revenue Service, the Rhode Island Division of Taxation, and other Security Summit partners today warned taxpayers and tax professionals about a new IRS impersonation scam campaign.

The scam campaign is spreading nationally on email. It involves unsolicited emails from IRS impostors. The email subject line may vary, but recent examples use the phrase "Automatic Income Tax Reminder" or "Electronic Tax Return Reminder".

The emails have links that show an IRS.gov-like website with details pretending to be about the taxpayer's refund, electronic return, or tax account. The emails contain a "temporary password" or "one-time password" to "access" the files to submit the refund. But when taxpayers try to access these, it turns out to be a malicious file.

"The IRS does not send emails about your tax refund or sensitive financial information," said IRS Commissioner Chuck Rettig. "This latest scheme is yet another reminder that tax scams are a year-round business for thieves. We urge you to be on-guard at all times," he said. To learn more, click here.

E-filing

The Internal Revenue Service has announced that it will conduct its annual Labor Day outage. The modernized e-file (MeF) system will be shut down during the outage. As a result, federal and Rhode Island e-filing will be unavailable during the period.

  • The temporary MeF shutdown will start at 9:00 p.m. on August 31, 2019
  • The temporary MeF shutdown will end at 7:00 a.m. on September 3, 2019.

The IRS will not be accepting electronically filed federal tax returns during the period. Also, the joint fed-state e-file program will be unavailable during the period. Therefore, Rhode Island returns transmitted via e-file during the period will not be transmitted to the state. Tax preparers and taxpayers should plan accordingly.

The joint fed-state e-file program is a cooperative tax-filing effort between the IRS and most states, including Rhode Island. In general, it allows for federal and state returns to be e-filed simultaneously to the IRS. Once the returns are filed, the IRS keeps the federal portion; the state portion is passed along electronically to the applicable state.