Tuesday, April 17, 2018

Recent developments

IRS e-file outage


The Rhode Island Division of Taxation urges tax professionals and taxpayers to continue filing despite an outage today at the IRS. The Division also recommends e-filing. To learn more, click here.

  • IRS e-filing was out of commission for most of today. However, at around 5:00 p.m. (Eastern time) today, the IRS announced that the e-filing outage is over and that its system is up and running. For confirmation, click here.



Section 965 income


The Rhode Island Division of Taxation reminds tax preparers and taxpayers about certain Rhode Island tax obligations related to the federal tax legislation enacted in December 2017. 

“Due to recent inquiries from practitioners, we are confirming the treatment of Section 965 income  under Rhode Island law. This is a reminder that nothing has changed under Rhode Island law, and this guidance is intended to confirm the impact of federal tax reform,” said Rhode Island Tax Administrator Neena S. Savage. For details, click here.