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Minimum wage hike among new laws starting Jan. 1

PROVIDENCE – Another minimum wage hike and several housing regulations are among a host of new laws that will take effect Jan. 1.  After a...

Tax deadline extended for residents, businesses in 3 R.I. counties

PROVIDENCE – The Federal tax deadline has been extended for residents in three Rhode Island counties affected by last winter's storms.  The Internal Revenue Service...
RHODE ISLAND BUSINESSES will not see an increase in the unemployment insurance tax rates for 2022, according to the R.I. Department of Labor and Training.

R.I. keeping unemployment insurance tax rate unchanged in 2022

CRANSTON – Rhode Island businesses won't see an increase in their unemployment insurance tax rate for 2022 even though the trust fund that keeps...
BUSINESS TAX DELINQUENCIES totaled $57.6 million at the end of fiscal year 2019.

Delinquent R.I. business taxes totaled $57.6M at end of FY19

PROVIDENCE – Business tax debts in Rhode Island totaled $57.6 million at the end of fiscal 2019, according to the R.I. Department of Revenue. The...

What is the No. 1 issue state lawmakers need to address...

State lawmakers are mandated each year to pass a balanced budget. Beyond that, which this year requires filling a fiscal 2021 budget hole that...
CASH COLLECTIONS FOR RHODE ISLAND through the first 11 months of fiscal 2019 are ahead of the pace set for the same time period in fiscal 2018. / PBN FILE PHOTO/ARTISTIC IMAGES

State cash collections through May of FY2019 grow despite month’s drop

PROVIDENCE – General revenue cash collections in Rhode Island in fiscal 2019 through May have totaled $3.6 billion, a 6.9% increase over the same...
CASH COLLECTIONS IN APRIL totaled $395.7 million. Fiscal year to date in April, collections totaled $3.1 billion.

R.I. cash collections total $395.7M in April

PROVIDENCE – Rhode Island cash collections in April totaled $395.7 million, a 12.7 percent increase from $351 million in April 2017, according to the...
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.

State offering R.I. businesses ‘tax amnesty’

PROVIDENCE – Rhode Island individuals and businesses are getting a “rare opportunity” to pay back taxes at a reduced rate and will not be...

Key elements of Trump’s tax reform recommendations

Proposals the Trump Administration released recently could lead to the most sweeping reform of the tax code in history. It all depends, of course,...
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