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R.I. CPA Society president fined for campaign finance violations

The head of the Rhode Island Society of Certified Public Accountants has been fined for a pile of missing campaign finance reports, along with...
RELIEVED: Scott McCullough, co-owner of Symposium Books Inc. in Providence, is happy he won’t have to pay a tangible property tax, thanks to legislation passed by state legislators that exempts businesses from the first $50,000 they would typically owe in tangible taxes. 
PBN PHOTO/MIKE SKORSKI

New tax exemption to make tangible difference in R.I.

At Symposium Books Inc. in downtown Providence, the property making up the store’s physical backbone – its numerous bookcases, for instance, or the computers...
HUMAN TOUCH: Bonnie Kennedy, assistant chair of Salve Regina University’s Department of Business and Economics, says that while accounting students will be expected to use artificial intelligence-enabled tools in the future, they will still have to master the skills of communication and critical reasoning. 
PBN PHOTO/MICHAEL SALERNO

CPAs, analysts grapple with high-tech evolution

Experts have predicted for years that the growth of artificial intelligence will transform the accounting industry. For some, it already has. The technology is enabling...

Employee benefits program launching for RIMA, RITA members

PROVIDENCE – For years Melissa Travis says rising costs have made it difficult for employers she’s worked with across Rhode Island to provide their...

SBA hosts ‘Salute to Small Business’

PROVIDENCE – The U.S. Small Business Administration will host its annual “Salute to Small Business” luncheon on Wednesday, honoring the 2023 National Small Business...

R.I. CPAs to honor 4 local accounting ‘legends’

CRANSTON – Four high-profile people in the local accounting sector will be honored on April 20 as part of the Rhode Island Society of...

Business groups seek steeper cut in tax penalty interest rate

PROVIDENCE – Gov. Daniel J. McKee has proposed cutting the interest rate on delinquent taxes owed to the state of Rhode Island from 18%...
AT A SECOND public comment meeting on the proposed Lifespan Corp. and Care New England Health System merger, many participants voiced concerns that the integrated health system, which would include Brown University, would monopolize the state's health care.

As public comment on Lifespan-CNE merger begins, mixed reaction in business...

PROVIDENCE – Members of the public can weigh in on the proposed merger of Care New England Health System and Lifespan Corp. at the...
NEW NAME, SAME FACES: Steven Monacelli, right, co-founder of Rhode Island accounting firm Restivo Monacelli, talks with staff member Ann McQueeney. Monacelli says the firm’s acquistion by WithumSmith + Brown PC allows the agency to provide more services. Monacelli is now a partner at Withum. / PBN PHOTO/MICHAEL SALERNO

Local accounting firms disappearing in ‘upward mergers’

Cranston accountant David E. Fontes has gone through four sets of business cards, email addresses and company logos in the last 17 years. But he’s...
READY FOR LAUNCH: Elizabeth M. Tanner, left, director of the R.I. Department of Business Regulation, and Melissa Travis, CEO and president of the Rhode Island Society of Certified Public Accountants, are preparing for a pilot program in which blockchain technology will be used for the credentials of the state’s CPAs. / PBN PHOTO/CASSIUS SHUMAN

CPAs playing key part in R.I. blockchain pilot program

Twenty-five Rhode Island accountants are preparing to be guinea pigs for a digital ID program using blockchain technology that, if successful, could transform the...
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