Wednesday, July 31, 2019

Recent developments

Security Summit issues warning


The Internal Revenue Service, the Rhode Island Division of Taxation, and other members of the Security Summit today urged tax professionals to beware of the continuing threat of phishing emails, which remain the most common tactic used by cybercriminals to steal sensitive data.

The Security Summit provided a list of simple steps which can help protect against stolen data. To learn more, click here.

E-file reminder


The Internal Revenue Service has posted a reminder that the modernized e-file (MeF) system will be shut down for a system upgrade from 12:01 a.m. Eastern time on Saturday, August 3, 2019, through 11:59 a.m. Eastern time on Monday, August 5, 2019. 

As a result, during that time period, federal and Rhode Island e-filing will be unavailable.

The IRS will not be accepting electronically filed federal tax returns during that time period. Also, the joint fed-state e-file program will be unavailable during that period. Therefore, Rhode Island returns transmitted via e-file during that time period will not be transmitted to the state. Tax preparers and taxpayers should plan accordingly.

  • The joint fed-state e-file program is a cooperative tax-filing effort between the IRS and most states, including Rhode Island. In general, it allows for federal and state returns to be e-filed simultaneously to the IRS. Once the returns are filed, the IRS keeps the federal portion; the state portion is passed along electronically to the applicable state.