Interest rates for 2018

The Rhode Island Division of Taxation has posted the interest rates that will apply in 2018 to overpayments and underpayments. For more information, click here.

Amnesty starts two weeks from today

Rhode Island’s tax amnesty starts two weeks from today. For details, click here.

Estate tax adjustments for 2018

The Rhode Island Division of Taxation today announced the estate tax credit amount and threshold for the estates of decedents dying on or after January 1, 2018. For more information, click here.

Expiring ITINs

The Internal Revenue Service has issued a reminder for taxpayers with expiring Individual Taxpayer Identification Numbers (ITINs) to submit their renewal applications as soon as possible -- or face complications later on.

ITINs are used by people who have tax filing requirements under U.S. law but are not eligible for a Social Security number. For more information, click here.

Tax amnesty advertising campaign

The Rhode Island Division of Taxation this week launched an extensive advertising campaign to help spread the word about Rhode Island’s new tax amnesty program, which starts December 1.

Amnesty ads began appearing this week on local radio stations. Amnesty ads have also been posted on many local news websites and on a major web search engine (see screenshot below). To learn more, click here.

Annual e-file shutdown and switchover

The Rhode Island Division of Taxation’s annual electronic filing shutdown and switchover will occur on November 18, 2017.

Thus, individuals and businesses seeking to e-file their Rhode Island returns for tax year 2016
must do so on or before Saturday, November 18, 2017. 

After that date, returns for tax year 2016 must be filed on paper. To learn more, click here.

Motor fuel tax regulations

The Rhode Island Division of Taxation plans to hold a public hearing on November 29 as the agency continues its months-long effort to streamline and re-codify its regulations.

The November 29 hearing involves eight regulations relating to the motor fuel tax. The Division proposes to repeal seven of them, merge their content into a new one, and ensure that the new one is presented in the new Rhode Island Code of Regulations format.

The proposals are available for viewing on the Rhode Island Secretary of State (Rhode Island Department of State) website at: www.sos.ri.gov. 

• The hearing will begin at 1:30 p.m. on November 29, 2017, at One Capitol Hill, Providence, R.I., diagonally across Smith Street from the State House.