Division finalizes regulation on health insurance mandate

The Rhode Island Division of Taxation has posted, as final, a regulation involving Rhode Island’s health insurance mandate. For more information, click here.

Inflation-adjusted amounts for 2021

The Rhode Island Division of Taxation has announced the standard deduction amounts, tax bracket ranges, and other key items for the Rhode Island personal income tax for tax years beginning on or after January 1, 2021.

For more information, click here.

Security Summit urges tax professionals to review data safeguards

The Security Summit today urged tax professionals to review their data safeguards to combat cybercriminals amid the coronavirus (COVID-19) pandemic. 

For more information, click here.

Security Summit offers tips for businesses, individuals

Tip for businesses

The Rhode Island Division of Taxation, the Internal Revenue Service, and other partners in the Security Summit urge businesses to be on guard as thieves try to use names and data stolen from businesses to file fraudulent tax returns. For more information, click here.

Tip for individuals

Also as part of the Security Summit effort, the IRS has announced that, starting in January 2021, the Identity Protection PIN Opt-In Program will be expanded to all taxpayers who can properly verify their identities. For more information, click here.

'RI on Pause' grant program's formula modified for certain businesses

In response to concerns raised by the impacted business community, the Rhode Island Division of Taxation has modified the Rhode Island on Pause grant program to provide certain industries the option to report the tax filer’s Rhode Island gross receipts. 

Businesses eligible to use gross receipts include: indoor recreation and entertainment establishments, gyms and fitness centers, indoor sports facilities, and event support professionals. For more information, click here.

Security Summit announces tax-prep security feature

The Rhode Island Division of Taxation, the Internal Revenue Service, and other partners in the Security Summit announced today that multi-factor authentication, a security feature, will be available on all 2021 online tax preparation products. To learn more, click here.

Estate tax credit amount and threshold

The Rhode Island Division of Taxation today announced the Rhode Island estate tax credit amount and threshold for the estates of decedents dying on or after January 1, 2021. For more information, click here.