ALERT: Scam Calls Rhode Island taxpayers are being targeting by spam/scam phone calls claiming to be from the RI Division of Taxation. These calls may appear to originate from legitimate Division of Taxation phone numbers. Call us at 401-574-8829, option #3, to confirm authenticity of any unexpected or suspicious calls. More information is available in Advisory 2024-18.
Due Date Extensions The Division of Taxation extends certain due dates to July 15, 2024 in response to the April 4, 2024 announcement from the IRS regarding federal due date extensions due to severe storms and flooding. Refer to Advisory 2024-16 and Advisory 2024-17 for further guidance regarding Rhode Island due dates.
Business Owners As a business owner, you are required to file and pay various taxes and fees related to operating that business. Corporate Tax Depending on the entity type of the corporation running the business, either a minimum fee of $400 or a tax of 7% on the income of the corporation is due annually. Please visit our Corporate Tax webpage for more information. Employer Tax As an employer you are required to pay certain employer taxes on behalf of your employees. Please visit our Employer Tax webpage for more information. Pass-through Income Tax If your business is a pass-through entity with one or more non-resident members, a pass-through entity return is required to be filed and the appropriate tax paid on the income of the non-residents. Please visit our Pass-through income webpage for more information. Sales & Excise Taxes if you make sales at retail, your entity is required to collect and remit one or more taxes a 7% sales tax is due on all taxable sales made by your business a 1% local meals and beverage tax is due on food sales a 6% hotel tax is due on hotel room rentals Please visit our Sales and Excise Taxes webpage for more information. Withholding Tax The wages earned by you and your employees are subject to Federal and state withholding. Please visit our Withholding Tax webpage for more information.