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Healey’s proposed estate tax threshold could have grave consequences in R.I.

Rhode Island is always looking over its shoulder at Massachusetts when it comes to taxes. So as Massachusetts Gov. Maura Healey proposes giving more Commonwealth...
RETHINKING THINGS: Kevin A. Papa, a partner at Piccerelli, Gilstein & Co. LLP, says he’s hearing from a larger number of small-business owners who are reexamining how their company fits in their life and are thinking about an exit strategy. 
PBN FILE PHOTO/ELIZABETH GRAHAM

Owners looking to cash out are keeping valuators busy

In a time of economic upheaval involving sky-high inflation, supply chain problems and staffing shortages, following two years of disruption that came with the...
RHODE ISLAND HAS an effective tax rate of 10.1 percent for estates valued at $10 million after deductions. /COURTESY TAX FOUNDATION

Tax Foundation: R.I. has 7th-highest effective estate tax in nation

WARWICK - Rhode Island has the seventh-highest effective estate tax rate for estates valued at $10 million (after deductions), according to the “State Inheritance...
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