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Tag: Tax Cuts and Jobs Act of 2017

James T. Brett
guest column

Tax code must be changed to spur innovation

Here in New England, we are proud of our region’s reputation as a global innovation hub. Our region is home to some of the...
TAX GUIDES: Anthony Scorpio speaks with Judith Giannini at Mullen Scorpio & Cerilli in Providence. The certified public accountants help small businesses apply new tax laws, such as the Qualified Income Business Deduction. / PBN PHOTO/MIKE SKORSKI

Deductions, depreciation are adding up for some small-business owners

Small-business owners in Rhode Island are taking advantage of tax credits and cuts first made available in 2018 but which are becoming more commonly...
GENERAL REVENUE FOR RHODE ISLAND has exceeded budget through the first eight months of fiscal 2018, according to the state Department of Revenue, although collections in February fell short of the month's expectations. / COURTESY R.I. DEPARTMENT OF REVENUE

State revenue beating estimates through February

PROVIDENCE – General revenue for Rhode Island is running 1.4 percent ahead of budget through February for fiscal 2018, according to data released Friday...
BOSTON-BASED BROOKLINE BANCORP, parent of Bank Rhode Island, reported fourth-quarter and full-year earnings that were negatively impacted by the federal tax overhaul.

Brookline Bancorp 2017, 4Q profit fall after new tax law

BOSTON – Brookline Bancorp Inc. suffered a $9 million noncash charge on deferred tax assets stemming from the federal tax overhaul, depressing both full-year...
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