Corporate estimated tax
The Rhode Island Division of Taxation reminds tax professionals and taxpayers that corporations have a new deadline and formula for making their estimated tax payments.
For a calendar-year C corporation in 2018, the first payment is due one week from today – on April 17, 2018. For more details, click here.
Regulations filed
The Rhode Island Division of Taxation yesterday filed, as final, 31 regulations with the Rhode Island Department of State (Secretary of State).
The regulations contain no major changes. Their format has been modified in accordance with the new Rhode Island Code of Regulations (a uniform state code), and some of the regulations include minor changes. The Division's action yesterday included the repeal of a number of regulations and merging or consolidating their content.
The Division of Taxation has filed numerous proposed and final regulations of late, and will continue to do so as part of its months-long effort to streamline and re-codify its regulations. The Division intends to post from time to time, on this blog, brief descriptions of some -- but not all -- of the regulatory filings. However, all of the regulatory filings are available to view and to monitor at the Rhode Island Department of State website. Click here.
Security Summit issues alert
The Rhode Island Division of Taxation, the Internal Revenue Service, and other partners in the Security Summit urge taxpayers and tax professionals to be alert to identity theft scams, especially a new email version currently pretending to be from “IRS Refunds.” To learn more, click here.
