State offering R.I. businesses ‘tax amnesty’

PROVIDENCE-BASED ACCOUNTING FIRM Sansiveri, Kimball & Co. LLP., says the Rhode Island Tax Amnesty Program will provide a complete waiver of penalties, a 25 percent reduction in interest rates and an agreement from the state to not pursue legal actions against individuals and businesses that owe back taxes.
PROVIDENCE-BASED ACCOUNTING FIRM Sansiveri, Kimball & Co. LLP., says the Rhode Island Tax Amnesty Program will provide a complete waiver of penalties, a 25 percent reduction in interest rates and an agreement from the state to not pursue legal actions against individuals and businesses that owe back taxes.
PROVIDENCE – Rhode Island individuals and businesses are getting a “rare opportunity” to pay back taxes at a reduced rate and will not be subject to penalties, according to Sansiveri, Kimball & Co. LLP. The Providence-based accounting firm released an informational brief last week detailing the Rhode Island Tax Amnesty Program. The new program provides…

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