Nonresident retailer - sales and use tax

The Division of Taxation's latest Administrative Decision, posted today, involves a nonresident retailer subject to sales and use tax.

Modifications to federal AGI

The Division of Taxation's latest Administrative Decision deals with modifications to federal adjusted gross income on a Rhode Island personal income tax return.

Update on employer taxes

The Division of Taxation's latest Advisory includes an update about employer taxes and other topics.

Interest rates posted for 2015

The Rhode Island Division of Taxation this afternoon posted the interest rates that will apply for 2015 on overpayments and delinquencies. The rates are based on a formula set in statute.

The rates for the 2015 calendar year are the same as those that apply for the 2014 calendar year: 18% per annum on delinquent tax payments, 3.25% per annum on overpayments. Please click here for more information.

Regulation on paid preparer penalties

The Rhode Island Division of Taxation today posted, as final, a regulation on paid preparer penalties.

The regulation provides details on civil and criminal penalties which may be imposed on a paid tax preparer who fails to comply with due diligence requirements. 

The regulation, which was finalized after a public hearing, takes effect January 1, 2015.

Reminder: Filing deadline tomorrow

Tomorrow is the extended due date for filing Rhode Island personal income tax returns covering the 2013 tax year. The Rhode Island Division of Taxation's latest Advisory, posted today, includes details about the deadline, as well as new corporate e-file statistics, and some other items. Click here to view a copy.

Latest newsletter posted

The latest issue of the Rhode Island Division of Taxation's quarterly newsletter, “Rhode Island Tax News,” is now online. It has information on the following topics:

·      the Assistant Tax Administrator’s retirement;

·      an upcoming seminar for tax preparers;

·      a new chief for Field Audit;

·      a sales and use tax exemption for paddleboards;

·      tax relief ahead for employers; and

·      changes to the property-tax relief credit (Form RI-1040H)

The issue also has regular features, including “Legal Corner” and “Practioners’ Corner.” To view the issue, please click here.