Monday, December 24, 2012

Rhode Island wins recertification on Streamlined pact

Rhode Island has been recertified for participation in the Streamlined Sales and Use Tax Agreement, which generates $2 million a year in revenue. Click here for more details.

Wednesday, December 19, 2012

Coupons available for 2013 estimated tax

Available for download from the Rhode Island Division of Taxation website: coupons for quarterly payments of 2013 estimated tax.

The coupons may be used by taxpayers who plan to make estimated payments of Rhode Island personal income tax for 2013.

Withholding tables for 2013 now online

Rhode Island income tax withholding tables for 2013 are now online.

Employers may use the tables to figure out how much to withhold from an employee's pay for Rhode Island personal income tax.

Monday, December 17, 2012

Update for retailers: annual sales tax reconciliation

The Rhode Island Division of Taxation posted an Advisory today which focuses on the annual sales tax reconciliation process for retailers, including some changes to the form.

Wednesday, December 12, 2012

E-filing increases for 2012

About 76 percent of Rhode Island personal income tax returns were e-filed this year, according to a new Advisory from the Tax Division.

The Advisory also reminds practitioners that the Tax Division will enforce the state's corporate tax e-file mandate starting next month.

Wednesday, December 5, 2012

Tax amnesty yields $17 million

Rhode Island's tax amnesty program wound up generating $17 million, according to preliminary totals posted today.

That's more than the state collected through its last amnesty, in 2006. It also exceeds the amnesty revenue estimate contained in the current fiscal year's budget. Details are in an Advisory online: