The
Rhode Island Division of Taxation last week began mailing letters to 9,600
businesses and individuals to let them know about Rhode Island's new self-audit
program.
The
Division also let practitioners know about the mailing in case they receive any calls
or emails from clients who have questions. The self-audit program is voluntary;
the letter is intended simply to get the word out and get the ball moving.
Rhode
Island Tax Administrator David M. Sullivan says that the self-audit program is
a great opportunity for taxpayers, especially businesses, to clear their books
of a use tax liability and get a significant break in the form of a penalty
waiver and interest forgiveness.
The
first batch of 3,300 letters went out November 4; additional mailings are
planned. But the program is not limited to those who receive
letters. Practitioners may have other clients who would benefit, and the Division invites practitioners to encourage them to apply.
The
program has its own webpage, which includes the program application, FAQs, and
other information. To
view the official kick-off announcement, click here.
Information about the self-audit program is also available by calling the Division of Taxation’s Field Audit section at
(401) 574-8962 from 8:30 a.m. to 3:30 p.m. business days.
