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IRS Provides Tax Relief to Rhode Island Storm Victims

CPA Practice

By Katelyn Washington, Kiplinger Consumer News Service (TNS) The IRS has granted federal tax relief for taxpayers impacted by severe storms in parts of Rhode Island. Tornadoes, severe storms, and flooding hit Providence County in Rhode Island from Sept. Quarterly payroll and excise tax returns normally due on Jan.

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IRS Provides Tax Relief to Rhode Island Storm Victims

CPA Practice

By Katelyn Washington, Kiplinger Consumer News Service (TNS) The IRS has granted federal tax relief for taxpayers impacted by severe storms in parts of Rhode Island. Tornadoes, severe storms, and flooding hit Providence County in Rhode Island from Sept. Quarterly payroll and excise tax returns normally due on Jan.

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IRS Tax Relief for Taxpayers Impacted by Severe Storms in Rhode Island

Withum

Please note that, as of this time, Rhode Island has not provided an extension of time to file the state income tax returns. Quarterly payroll and excise tax returns that would be due on October 31, 2023, January 31, and April 30, 2024. Calendar-year tax-exempt organization 2022 returns that would be due on May 15, 2024.

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Employer Payroll Tax Obligations When Employees Work Out-Of-State

Anders CPA

This changing employment landscape requires employers to reassess their payroll tax withholding processes to ensure you are withholding the proper amount of state, local and unemployment taxes from your employees’ wages. Contact Anders The post Employer Payroll Tax Obligations When Employees Work Out-Of-State appeared first on Anders CPA.

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Trendspotting: Top Ten Payroll Issues of State Legislatures

ThomsonReuters

States eye workforce as a legislative priority for payroll The majority of state legislatures began their legislative sessions this January. A flurry of bills is being proposed in the payroll space — many having to do labor and employment. Rhode Island. House Bill 1125 would increase the minimum wage from $7.25

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Legal analysis: Implications of state tax exclusion of overtime wages for employers and employees

ThomsonReuters

Checkpoint Payroll Update caught up with John Wertz, tax attorney and partner at Holland & Knight’s New York office, to discuss this first-of-its-kind law. Alabama’s tax exclusion on overtime wages, see Payroll Guide ¶8206. Alabama municipal occupational licenses taxes, see Payroll Guide ¶5220.

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IRS Extends Tax Filing Deadline in 10 Maine Counties Following Severe Storms

CPA Practice

The tax deadline extension for Maine follows tax relief for Connecticut and Rhode Island , announced by the IRS earlier this year. Quarterly payroll and excise tax returns normally due on Jan. Contributions for these accounts were originally due on Tax Day, April 15, 2024. 16 and April 15, 2024. 31 and April 30, 2024.

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