Friday, January 20, 2023

Rhode Island tax changes for 2023

The Rhode Island Division of Taxation reminds tax professionals and others about tax changes that took effect for the calendar year starting January 1, 2023.

The changes are important to keep in mind now for tax-planning purposes throughout the 2023 calendar year.

Many of these changes apply for tax years beginning on or after January 1, 2023, and generally do not affect the tax returns that businesses and individuals will file over the next few months, covering the 2022 tax year.

Read ADV 2023-02 for details.