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R.I. Division of Taxation plans ‘Tax Compliance Day’ to address filing...

PROVIDENCE – The R.I. Division of Taxation has scheduled a "Tax Compliance Day" on Monday, Jan. 13, billed as an opportunity to seek resolutions...

R.I. still among least charitable states, studies find

PROVIDENCE – Rhode Island remains among the least charitable states in the nation, according to a pair of recent studies. WalletHub ranked the Ocean State No....
THE WAITING GAME: Anthony Mangiarelli, partner and director in the enterprise solutions group for Kahn, Litwin, Renza & Co., says many of its business clients have been waiting as long as two years for their Employee Retention Credit claims. 
PBN PHOTO/MICHAEL SALERNO

Accountants: ERC woes still plague businesses

Many business owners have had to make sacrifices while waiting for Employee Retention Credit funds. And it’s likely they’ll be waiting many more months,...

Electrical services president admits not paying taxes

PROVIDENCE – The president of a Rhode Island electrical service admitted to a federal judge that she failed to pay more than $1.2 million...
ACCORDING TO MARIA MONTANARO, interim CEO of Thundermist Health Center, the organization is seeking an $8 million loan from various health care stakeholders across Rhode Island to help keep the organization's doors open. / COURTESY THUNDERMIST HEALTH CENTER

Thundermist interim CEO Montanaro optimistic about future, but bailout is needed

WOONSOCKET – Maria Montanaro sees a light at the end of a very dark tunnel at Thundermist Health Center’s offices in that she hopes...
CREDIT ­PROBLEM: Michael Garcia, partner at Kahn, Litwin, Renza & Co. in Providence, says uncertainty over the federal Employee Retention Credit program is creating problems for countless businesses that had sought the credit following the COVID-19 pandemic. 
PBN PHOTO/MIKE SKORSKI

Flap over ERC claims puts strain on firms

It’s been more than 18 months since one of Michael Garcia’s clients applied for an Employee Retention Credit and it’s still not clear when...

Calling the IRS? Hold times are way down this tax season 

WASHINGTON (AP) – Taxpayers who called the IRS had an average wait time of four minutes this tax season compared to 27 minutes a...

Woonsocket businessman sentenced for defrauding IRS of $2.8M

PROVIDENCE – A Woonsocket business owner was sentenced Thursday to probation and jail time his role in defrauding the IRS of $2.8 million, U.S....

Free tax filing available through VITA program for income-eligible R.I. residents

PROVIDENCE – Rhode Islanders may be able to get their state and federal income taxes prepared and filed for free under the Volunteer Income...

Addressing climate change through endowment investments

Harvard University will keep phasing out all investments tied to oil, gas and coal, it announced on Sept. 9. Harvard President Larry Bacow cast...
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