Tag: Taxes
McKee on R.I.’s business climate: ‘I know we’ve made progress’
(Editor's note: This exclusive interview with Gov. Daniel J. McKee is part of a two-story package on Rhode Island's business climate that will be...
Should R.I. change the way it tries to collect from tax...
The amount of money owed by the state’s top income tax delinquents has grown 50% in the last five years to $65.2 million, which...
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...
IRS announces Jan. 23 start date for tax filing season
WASHINGTON (AP) – The official start date of the 2023 tax filing season begins Jan. 23, when the IRS will begin accepting and processing 2022 returns,...
Mayor-elect Smiley readies for host of city challenges
Providence Mayor-elect Brett Smiley will hit the ground running in January on a host of challenges facing the city.
After winning the Democratic primary, he...
ESG Considerations for Construction Companies
ESG is a hot topic right now in many industries, but what exactly is ESG? Investopedia defines ESG as “environmental, social, and governance (ESG)...
Limited Deductibility of Research and Experimental and Software Development Costs
Barring any further legislation, calendar year taxpayers will not be allowed to fully deduct research and experimental (R&E) costs or software development costs when...
Families to receive one-time $250 payment per child under new R.I....
PROVIDENCE – Rhode Island families with children will automatically receive a $250 payment per child under a one-time program included in the state’s fiscal...
Remote work complicates tax compliance
The shift to working from home full or part time in response to COVID-19 has created new state and local tax compliance issues for...
Staying in the black
How often do you review your business’s financial statements?
Weekly: 63%
Monthly: 38%
Other: 0%
Did your company focus on its finances more than usual during the COVID-19...