Tag: IRS
Crypto tax implications are often a costly surprise
Rhode Islanders who own cryptocurrency may be sitting on a tax surprise waiting to surface.
That’s because the IRS treats digital assets not as cash...
New federal tax rules on tips spark confusion
John Elkhay, co-owner of the restaurant company Chow Fun Inc., is no stranger to navigating regulatory curveballs.
With his company managing more than 200 employees...
New law requires many nonprofits to reveal salaries of top executives
A 2023 audit by the inspector general at the U.S. Department of Justice found significant deficiencies in financial management by the Pawtucket nonprofit Blackstone...
Law license of R.I. immigration attorney accused of fraud temporarily suspended
PROVIDENCE – The law license of a Rhode Island immigration attorney and former judge who was accused of professional misconduct after allegedly defrauding 10...
Being a millionaire ain’t what it used to be
As a child, Heidi Barley watched her family pay for groceries with food stamps. As a college student, she dropped out because she couldn’t...
Let’s modernize R.I.’s tax enforcement and lead the nation in fairness
If you ask any business owner what they value most in a state tax system, you’ll likely hear the same words: fair, predictable and...
Mortgage broker sentenced to prison for Ponzi scheme, theft of $4.6M
PROVIDENCE – Mortgage broker Joseph Giuttari was sentenced to 55 months in federal prison for running a Ponzi scheme, fraudulently acquiring Coronavirus Aid, Relief...
Tax season is a prime time for scams. IRS uncertainty could...
NEW YORK (AP) – There's a lot of information (and money) on the table during tax season. That also makes it a prime time for scams.
Year-round,...
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....
- Featured Event -
