Tax Preparers Targeted in New Scams

The Rhode Island Division of Taxation warns the tax preparer community of two dangerous scams targeting tax professionals.

Find details in Advisory 2024-04.

Rhode Island filing season starts January 29

The Rhode Island Division of Taxation announced today that the start of the Rhode Island tax-filing season will be January 29. For the benefit and convenience of taxpayers and tax preparers, the Rhode Island launch date will be the same as the federal launch date.

The Division's announcement about the Rhode Island filing season also includes information about business returns, the filing deadline, and withholding.

More information is available in Advisory 2024-03.

New Year Tax Changes Reminder

The Rhode Island Division of Taxation reminds taxpayers and tax professionals of the annual tax changes effective Monday, January 1, 2024.

Many of these changes apply for tax years beginning on or after January 1, 2024. Such changes generally do not affect Tax Year 2023 filings. The changes can, however, be useful for tax-planning purposes throughout calendar year 2024.

More information is available in Advisory 2024-02.

Latest Administrative Decision

In the latest Administrative Decision, the issue addressed is whether the Taxpayer owe cigarette and other tobacco products tax and if so, should any sanctions be imposed.

Details are contained in Administrative Decision 2024-03.

Latest Administrative Decision

In the latest Administrative Decision, the issue addressed is whether the Taxpayer's claim for a sales tax refund for his tax payment on a car that he purchased should have been denied by the Division.

In this matter, the Tax Administrator of the Division of Taxation has reviewed the Decision and Recommendation of the Hearing Officer in the addressed matter and modified the Decision and rejected the Recommendation, in part. 

Details are contained in Administrative Decision 2024-02.

Fourth Quarter Estimated Payments Due Jan 16

Tuesday January 16 is the deadline for making fourth quarter estimated payments of Rhode Island personal income tax. Payment must be made or postmarked by 11:59 p.m. on January 16, 2024. 

January 16 is also the deadline for fourth quarter estimated payments of income tax for calendar-year fiduciary filers (involving estates and trusts) and composite return filers. Additionally, January 16 is the reporting deadline for those subject to the bank deposits tax.

Making payments

Individuals, businesses, tax professionals, and others may use the Division of Taxation’s Taxpayer Portal to make payments online. Payments for nearly all taxes – including estimated payments of individual and business taxes – can be made via the portal: https://taxportal.ri.gov.

For information about paying by credit card or debit card: https://tax.ri.gov/online-services/make-payment-online/credit-card-payments.

If paying by check, please include a payment voucher. If you don’t have a voucher, blank forms are available online: http://www.tax.ri.gov/taxforms/.

Latest Administrative Decision

In the latest Administrative Decision, the issue addressed is whether the Taxpayer owes income tax, interest, and penalties for the tax years 2011 and 2012.

Details are contained in Administrative Decision 2024-01.

Inflation adjusted amounts published

The Rhode Island Division of Taxation has published the standard deduction amounts, tax bracket ranges, and other key items for Rhode Island Personal Income Tax for tax years beginning on or after January 1, 2024.

More information is available in Advisory 2024-01.

Latest Administrative Decision

In the latest Administrative Decision, the parties agreed that the issue is whether the Taxpayer filed a Part 1 and a Part 2 application for certification with the Rhode Island Historical Preservation & Heritage Commission within 90 days of the date of notification by the Division that tax credits were available for the project pursuant to R.I. Gen. Laws § 44-33.6-1 et seq. and 280-RICR-20-20-6, [and if not] thereby resulting in the Taxpayer's forfeiture of all rights, claims, and entitlements to the tax credits initially available to the Taxpayer's project under the Historic Preservation Tax Credits 2013 program.

Details are contained in Administrative Decision 2023-10.