Thursday, February 9, 2017

Extended due date for some C corps

The Rhode Island Division of Taxation has announced that calendar-year C corporations are eligible for an automatic six-month extension for tax years beginning on or after January 1, 2016. 

Thus, for example, a calendar-year C corporation preparing its Rhode Island return for tax year 2016, with an original due date of April 18, 2017, will have an extended due date of October 16, 2017. 

The Division decided to establish the six-month extension so that entities filing their federal and Rhode Island returns will have the same deadline – a convenience for businesses and for tax professionals. For details, click here.