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How private equity and venture capital firms can improve internal tax...

Private equity and venture capital fund activity comes with time-intensive tax reporting requirements, from managing the completion and delivery of the Schedule K-1 to...

QSBS exclusion could make C corp. more attractive business structure

There is a type of investment that you may have been hearing more about recently: the qualified small-business stock.QSBS now offers 100% capital gains...

Elorza proposes $773M FY20 budget, denounces ‘extremism’ in national politics

PROVIDENCE – Mayor Jorge O. Elorza on Tuesday announced a proposed $772.6 million fiscal 2020 city budget, with a 3.2% spending increase above the...

Johnson & Wales University offers free tax preparation

PROVIDENCE – Johnson & Wales University is offering tax-filing preparation at no charge to those who earned $55,000 or less last year during four...
THE R.I. DEPARTMENT of Revenue reminded filers today that the deadline to file taxes for business entities is March 15.

Business entity taxes due Friday, DOR reminds filers

PROVIDENCE - The due date for business entities to file taxes in Rhode Island is Friday, March 15, the R.I. Department of Revenue reminded...
RHODE ISLAND cash collections in January increased 1.9 percent year over year to $350.4 million. / PBN FILE PHOTO/ARTISTIC IMAGES

R.I. cash collections in Jan. up 1.9%

PROVIDENCE - Rhode Island cash collections totaled $350.4 million in January, an increase of 1.9 percent year over year from $343.9 million in January...
Rep. Joseph Shekarchi, the House Majority Leader, is the chief sponsor of legislation that would allow small businesses in Rhode Island to reduce their federal tax liability.  / Courtesy Rhode Island General Assembly.

Biz owners gain from tax-shift bill

A Warwick accountant, conducting research for a client’s business tax return, found a new Connecticut law that helps business taxpayers avoid a personal $10,000...

Massachusetts enacts short-term rental tax

BOSTON – Property owners in Massachusetts, take note. The Bay State has a new law that applies state and local taxes to short-term rentals,...
THE NUMBER of tax refunds issued so far this year fell nearly 16 percent year over year to 11.4 million. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

Treasury Department says fewer refunds better for U.S. taxpayers

NEW YORK - The U.S. Treasury Department is defending the declining numbers of tax refunds being issued so far this year, saying that taxpayers already...

Free tax preparation services available for Rhode Islanders

CRANSTON – Free tax-filing preparation services for Rhode Islanders with income of $55,000 or less last year is available at 24 sites serving all...
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