Thursday, December 19, 2019

At seminar, Division discusses health insurance mandate

The Rhode Island Division of Taxation yesterday took part in a tax preparer seminar -- and, while there, reminded preparers about Rhode Island's health insurance mandate.

The Division was among several organizations and individuals presenting at the Rhode Island Society of Certified Public Accountants' "Annual Tax Forum" held at the Providence Marriott Downtown, a hotel on Orms Street in Providence.

As part of its presentation, the Division noted that all Rhode Islanders must have qualifying health coverage beginning January 1, 2020. Failure to have such "minimum essential coverage" in 2020 may result in a Rhode Island personal income tax penalty in 2021. So now is the time to plan ahead. To learn more, click.