Monday, October 17, 2016

Interest rates; filing deadline; service announcement

Interest rates

The Rhode Island Division of Taxation today posted the interest rate on delinquent tax payments and the interest rate on overpayments for calendar year 2017. To learn more, click here.

Filing deadline

The Division of Taxation reminds tax professionals and taxpayers of tonight's filing deadline. (The extended due date is normally October 15, but that date fell on a weekend this year, so the deadline had moved to October 17.) For more information, click here.

Service announcement

The Division of Taxation reminds tax professionals and taxpayers that the next phase of the Division of Taxation’s changeover to a new agency-wide computer system will start on November 7, 2016, and continue through November 14, 2016. The Division of Taxation, at One Capitol Hill in Providence, will remain open during normal business hours while the computer system conversion occurs, and many services will continue to be available, but some will not. All services resume on November 15, 2016. Click here for more details.

Saturday, October 15, 2016

Payments by credit card, debit card

Taxpayers may now use their credit cards or debit cards to pay their Rhode Island personal income tax online, through the Rhode Island Division of Taxation website.

The system will accept credit cards and most debit cards and can be used for payments of the following taxes:

  • personal income tax
  • corporate income tax
  • sales and use tax
  • withholding 

For more information, including details about fees, click here.

Friday, October 14, 2016

Audit of gas station convenience store

The Division of Taxation's latest Administrative Decision focuses on a sales audit of a gas station convenience store. To read more, click here.

Thursday, October 13, 2016

Filing deadline; computer conversion

The Rhode Island Division of Taxation reminds tax professionals and taxpayers that Monday – October 17 – is the deadline for filing Rhode Island resident and nonresident personal income tax returns for the 2015 tax year.

The Division also issued a reminder about the third phase of its computer conversion, which will start on November 7, 2016, and continue through November 14, 2016. During that period, the Division will remain open on normal business days, but some services will not be available.

To view today's Advisory, click here

Thursday, September 29, 2016

"Wavemaker Fellowship" tax credits awarded

The Rhode Island Commerce Corporation recently announced that it has selected the recipients of the first "Wavemaker Fellowship" tax credits.

Following a competitive review process, a total of 215 college graduates were chosen to receive the credits. The graduates work in the science, technology, engineering, and mathematics fields at Rhode Island employers. For more information, click here.

Extended due dates

The Rhode Island Division of Taxation today announced a new set of extended due dates for certain entities.

The changes mainly involve C corporations that file on Form RI-1120C, pass-through entities that file on Form RI-1065, and calendar-year trusts that file on Form RI-1041.

The Division of Taxation is making the changes so that entities will have the same deadlines for filing their federal and Rhode Island returns – a convenience for businesses and for tax professionals.

Thursday, September 22, 2016

Acting Tax Administrator warns of scam

Rhode Island Acting Tax Administrator Neena S. Savage today urged tax professionals and taxpayers to be on guard against fake emails purporting to contain an IRS tax bill related to the Affordable Care Act.

Details of the scam are in an alert issued jointly today by the IRS and its Security Summit partners, which include the Rhode Island Division of Taxation.