Tuesday, October 30, 2018

Interest rates for 2019

The Division of Taxation has posted the interest rates that will apply to overpayments and underpayments for 2019. For details, click here.

Tuesday, October 23, 2018

Recent developments

Annual e-file shutdown

Each year, the Rhode Island Division of Taxation temporarily closes its system to electronic filing in order to prepare the system for the coming filing season.

This year’s e-file shutdown and switchover will occur on November 17, 2018. Individuals and businesses seeking to e-file their Rhode Island returns for tax year 2017 must do so on or before Saturday, November 17, 2018. For more information, click here.

"Seminar for Tax Preparers"

The Division's "Seminar for Tax Preparers" -- in Newport in November and in Warwick in December -- have now sold out. Therefore, registration is now closed. Thank you for your interest in the seminar.

Monday, October 15, 2018

Decision involving nexus

The Division of Taxation’s most recent Administrative Decision involves whether a retailer had substantial nexus with Rhode Island for sales and use tax purposes. (Note: The Decision is based on and limited to the specific facts in the case prior to the enactment in August 2017 of Rhode Island's law on non-collecting retailers, and before the U.S. Supreme Court's decision in June 2018 on Wayfair.)

Friday, October 12, 2018

Monday's deadline

The Rhode Island Division of Taxation has posted a reminder that Monday is the deadline for filing personal income tax returns that are on extension for tax year 2017. 

October 15, 2018, is also the deadline for a number of business entities. 

The Advisory includes tips for last-minute filers, a summary of payment options, and information about Section 965 and penalty relief in certain circumstances for calendar-year C corporations. To view the Advisory, click here.