Historic tax credits -- three Providence projects

The Division of Taxation today posted details on three projects in Providence that involve historic preservation tax credits. To view the details for each project, click here for the Division of Taxation's web page on historic tax credits. 

Three new Administrative Decisions

The Division of Taxation today posted three new Administrative Decisions. They look at: 

• whether a TV actor's performances should be subject to personal income tax (see 2014-06);
• whether a claim to carry forward an overpayment should be allowed (see 2014-07); and
• whether a retailer's sales tax permit should be revoked (see 2014-08).

More details posted on historic tax credits

The Division of Taxation today posted details on two more projects involving historic preservation tax credits. Click here for the link.

Kick-off for Free File program

Rhode Island Tax Administrator David M. Sullivan on February 10 joined Congressman Jim Langevin and others to kick off this tax season's Free File program.

State Free File programs are sponsored by 22 states, including Rhode Island.

Under the State Free File program, taxpayers who meet certain requirements can prepare and file both their federal and Rhode Island returns online at no charge.

"This program, which doesn't cost the government a dime, also takes the confusion out of tax preparation and keeps money in the pockets of people who need it most," Langevin said at the program's kick-off event, held at the Genesis Center on Potters Avenue in Providence's West Elmwood neighborhood. "I strongly urge eligible Rhode Island residents to use this easy and convenient program," he said.

Sullivan said, "Free File not only helps save taxpayers' time and money, but also provides savings to Rhode Island's government in the form of lower processing costs and fewer errors as compared to paper returns."

Information about the software providers participating in this year's State Free File program in Rhode Island is available on the Division of Taxation's website. Click here to view it.

Tax Administrator David Sullivan

Regulation posted on historic tax credits

The Division of Taxation today posted, as final, a regulation about historic preservation tax credits. The regulation is intended to provide guidance to practitioners, developers, and others about the credit program.

Shortly after the program was established through legislation enacted in July 2013, the Division of Taxation posted an emergency regulation.

The final regulation will be effective on February 27, which is when the emergency regulation expires. Click here to view the final reg.

List of tax preparation software programs

The Rhode Island Division of Taxation today updated its list of tax preparation software programs that have completed and passed acceptance testing for tax year 2013. Click here to view it. The list contains commercial software programs that have been cleared for e-filing by the Division of Taxation. It includes tax preparation programs cleared for e-filing Rhode Island corporate tax returns, individual income tax returns, or partnership returns. 

• Also today, the Division of Taxation posted a new Administrative Decision, this one having to do with the suspension of a cigarette seller's license. Click here to view it.

Filing season starts

The Rhode Island Division of Taxation has begun accepting electronically filed personal income tax returns for tax year 2013 -- signaling the official start to tax-filing season. 

The Division of Taxation's latest Advisory includes details about the following:

• The start of filing season
• Free filing programs
• A new "Guide to Refunds" publication
• Mailing of Forms 1099-G and 1099-INT
• Revised answers to practitioner questions
• An employer tax deadline tonight
• A sales tax reconciliation deadline tonight
• A new regulation on tobacco products other than cigarettes
• Some new Administrative Decisions