Rhode Island Senate leadership is backing legislation that would exempt the first $100,000 of tangible property from property taxation by municipalities. The tangible tax is currently levied on businesses for property other...more
4/10/2023
/ Business Taxes ,
Municipalities ,
Property Tax ,
Rhode Island ,
State and Local Government ,
State Taxes ,
Tangible Property ,
Tax Liability ,
Tax Rates ,
Tax Reform ,
Tax Relief
January 31, 2023 is the first of several deadlines that must be met in order to appeal your excessive property tax assessment. If you miss it, you will be foreclosed from bringing an appeal, or even effectively arguing that...more
Rhode Island taxpayers must file an appeal with the municipality’s assessor within 90 days of the date when the first quarterly payment is due. In many communities, tax bills are due in July or August, making the deadline to...more
As of January 4, 2022, short-term rental properties (defined as 30 days or less) listed for rent on third-party websites must be registered with the Rhode Island Department of Business Regulation. This follows the Rhode...more
January 31, 2022 is the first of several deadlines that must be met in order to appeal your excessive property tax assessment. If you miss it, you will be foreclosed from bringing an appeal, or even effectively arguing that...more
The Small Business Administration (SBA) and U.S. Treasury have once again updated their Frequently Asked Questions (FAQs), revising their April 6 guidance for borrowers and lenders. The SBA has made it clear that the U.S....more
Last week, hundreds of thousands of applications for loans under the Paycheck Protection Program (PPP) were submitted to banks all over the country, and it’s likely that many more will be submitted in the coming weeks. ...more
4/19/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Federal Loans ,
Financial Stimulus ,
Loan Forgiveness ,
Paycheck Protection Program (PPP) ,
Popular ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business
Rules and provisions for COVID-19 stimulus packages are rapidly evolving, and the measures and interpretations described here may change. This analysis represents our best interpretation and recommendations based on where...more
4/10/2020
/ Business Interruption ,
CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Federal Loans ,
Financial Stimulus ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief
On Thursday, April 2, 2020, the U.S. Small Business Administration (SBA) issued its Interim Final Rule to the Paycheck Protection Program (PPP). The final rules provide, in part, that entities eligible to apply for PPP loans...more
4/6/2020
/ Business Interruption ,
CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Federal Loans ,
Financial Stimulus ,
NAICS ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief
States Covered: Maine, Massachusetts, New Hampshire, and Rhode Island -
FEDERAL PROGRAMS -
In response to the unprecedented disruption caused by the COVID-19 pandemic and public health efforts to fight the virus, federal...more
4/5/2020
/ Business Interruption ,
CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Federal Loans ,
Financial Stimulus ,
Paycheck Protection Program (PPP) ,
Popular ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief
On April 2, 2020, the Small Business Administration (SBA) issued the much-anticipated Paycheck Protection Program Interim Final Rule, providing guidance on the implementation of the Paycheck Protection Program (PPP) and on...more
4/3/2020
/ Business Interruption ,
CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Federal Loans ,
Financial Stimulus ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief
Last updated December 23, 2020
These restrictions are changing rapidly – please check back regularly for updates, or refer to state websites
In response to the COVID-19 pandemic and its threat to public health from...more
On Friday March 27, 2020, Governor Gina Raimondo announced the extension of a number of Executive Orders that we summarized in our 3/20 alert, “Summary of Rhode Island Executive Orders to Date.” ...more
To date, Rhode Island’s Governor Gina Raimondo has issued five Executive Orders in response to the COVID-19 pandemic. These orders address some of the challenges facing businesses, local governments, and the provision of...more
Following our client alert several days ago concerning the Rhode Island General Assembly’s consideration of legislation designed to streamline the approval process for renewable energy projects, we can report that the...more
The Rhode Island General Assembly is considering several bills designed to streamline the local permitting process statewide and make it easier and cheaper for developers of renewable energy projects to do business in the...more
6/19/2017
/ Agricultural Land ,
Energy Projects ,
Energy Sector ,
General Assembly ,
Legislative Agendas ,
Pending Legislation ,
Permits ,
Renewable Energy ,
Solar Energy ,
Solar Farm ,
Wind Farm
Motor Vehicle Use Tax is Constitutional -
Regency Transportation, Inc. v. Commissioner of Revenue -
MA Supreme Judicial Court No. SJC-11873 (January 6, 2016) -
The Massachusetts Supreme Judicial Court has held...more
Owners of commercial, residential or investment property in Rhode Island who wish to challenge their property tax assessment(s) are reminded that significant deadlines are approaching that require immediate attention. The...more
Beginning March 16, 2015, the Massachusetts Department of Revenue is offering an aptly described “limited” amnesty program for taxpayers with certain tax liabilities. Technical Information Release 15-2....more
Maine Governor Paul LePage has proposed a major restructuring of Maine’s tax system as part of his FY 2016-2017 budget submission. Generally, the governor’s proposal decreases the state’s reliance on income tax revenue and...more