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American Payroll Association (APA) Basic Guide to Payroll, 2013 Edition

American Payroll Association (APA) Basic Guide to Payroll, 2013 Edition
It's more important than ever to be in compliance with payroll laws and regulations! How do you stay in compliance and avoid penalties? The APA Basic Guide to Payroll is written to make understanding the laws and regulations as easy as possible. And this single-volume guide is filled with tools to help you apply the law and make proper calculations – with ease!

CCH® PAYROLL — 7/18/12

Rhode Island enacts 75-day tax amnesty program

Gov. Lincoln Chafee (I) signed legislation establishing a 75-day amnesty program ending Nov. 15, applicable to all taxpayers owing Rhode Island taxes. The legislation (H.B. 7323) took effect July 1.

The program provides amnesty from penalties and from civil or criminal prosecution for any tax imposed under Rhode Island law and collected by the tax administrator for any taxable period ending on or before Dec. 31, 2011.

Amnesty will be granted only to those taxpayers who apply on or before Nov. 15, who have paid the tax and interest due or who have entered into an installment payment agreement as a result of financial hardship.

Amnesty will not be granted to taxpayers who are under any criminal investigation or are a party to any civil or criminal proceeding pending in federal or Rhode Island court for fraud in relation to any state tax imposed.

According to the legislation enacted June 15, interest on any taxes paid under the amnesty program will be computed at the rate set by statute reduced by 25 percent. (H.B. 7323, approved June 15, 2012, effective as noted above.)

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