Wednesday, February 29, 2012

New Administrative Decision on sales tax

The Rhode Island Division of Taxation today posted on its website the latest Administrative Decision adopted by Tax Administrator David M. Sullivan.

The decision focuses on whether a taxpayer had collected the correct amount of sales tax and whether the taxpayer failed to collect applicable sales tax on transportation costs.

Monday, February 27, 2012

Coupons mailed for quarterly estimated tax payments

The Rhode Island Division of Taxation last week completed its mailing of the form that many taxpayers use to make quarterly estimated payments of personal income tax.

Overall, the Tax Division wound up mailing 40,406 copies of the 2012 version of Form RI-1040ES, "Rhode Island Resident and Nonresident Estimated Payment Coupons." The mailing will give taxpayers plenty of time to plan ahead; the first payment for 2012 isn't due until April 17.